New Westminster Condo Market Report – February 2021

New Westminster is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for New Westminster based on MLS® data.

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131
Units Sold
$554,779
Avg Sold Price
28d
Avg Days on Market
Balanced Market
Market Condition
745 active at start of month 163 new listings Absorption rate: 17.6% Highest sold: $1,226,000 Lowest sold: $165,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 131 $554,779 28d
January 2021 month prior 96 +36.5% $536,896 +3.3% 39d -28.2%

3-Year Price Trend — New Westminster Condo

The New Westminster condo real estate market was a Balanced Market in February 2021, with 745 active listings at the start of the month, 131 properties sold, an average sold price of $554,779, properties averaging 28 days on market, an absorption rate of 17.6%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your New Westminster specialist
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Frequently Asked Questions — New Westminster February 2021

In February 2021, the New Westminster condo real estate market is classified as a Balanced Market with an absorption rate of 17.6%. The market in New Westminster is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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