New Westminster Condo Market Report – January 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.

← December 2020 Next month →
96
Units Sold
$536,896
Avg Sold Price
39d
Avg Days on Market
Balanced Market
Market Condition
683 active at start of month 158 new listings Absorption rate: 14.1% Highest sold: $1,068,000 Lowest sold: $289,900

How Does January 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2021 (this report) 96 $536,896 39d
December 2020 month prior 75 +28% $508,898 +5.5% 38d +2.6%

3-Year Price Trend — New Westminster Condo

The New Westminster condo real estate market was a Balanced Market in January 2021, with 683 active listings at the start of the month, 96 properties sold, an average sold price of $536,896, properties averaging 39 days on market, an absorption rate of 14.1%. All data is sourced from MLS® sold records.

Recently Sold in New Westminster

710 Seventh Avenue
Sold $585,000
2 bd • 2 ba • Apartment
71 Jamieson Court
Sold $600,000
2 bd • 2 ba • Apartment
10 Renaissance Square
Sold $495,000
1 bd • 2 ba • Apartment
668 Columbia Street
Sold $460,000
1 bd • 1 ba • Apartment
250 Francis Way
Sold $645,000
2 bd • 2 ba • Apartment
850 Royal Avenue
Sold $680,000
3 bd • 2 ba • Apartment

Active Listings in New Westminster

55 Tenth Street
$549,000
2 bd • 2 ba • Apartment
898 Carnarvon Street
$699,000
2 bd • 2 ba • Apartment
888 Carnarvon Street
$582,000
2 bd • 2 ba • Apartment
67 Miner Street
$649,800
2 bd • 2 ba • Apartment
610 Brantford Street
$649,000
2 bd • 2 ba • Apartment
612 Fifth Avenue
$749,000
3 bd • 2 ba • Apartment

Top Buildings in New Westminster

Pier West
364 units
Pier West (Tower I - West Tower)
364 units
The Grove
337 units
The Grove
336 units
Riviera
307 units
The Riviera
307 units
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your New Westminster specialist
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Related: New Westminster Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — New Westminster January 2021

In January 2021, the New Westminster condo real estate market is classified as a Balanced Market with an absorption rate of 14.1%. 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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