New Westminster Condo Market Report – July 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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101
Units Sold
$558,644
Avg Sold Price
22d
Avg Days on Market
Buyer's Market
Market Condition
998 active at start of month 144 new listings Absorption rate: 10.1% Highest sold: $972,000 Lowest sold: $280,000

How Does July 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2021 (this report) 101 $558,644 22d
June 2021 month prior 111 -9% $581,320 -3.9% 16d +37.5%
July 2020 year ago 121 -16.5% $535,269 +4.4%

3-Year Price Trend — New Westminster Condo

The New Westminster condo real estate market was a Buyer's Market in July 2021, with 998 active listings at the start of the month, 101 properties sold, an average sold price of $558,644, properties averaging 22 days on market, an absorption rate of 10.1%. 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 July 2021

In July 2021, the New Westminster condo real estate market is classified as a Buyer's Market with an absorption rate of 10.1%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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