New Westminster Condo Market Report – March 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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152
Units Sold
$579,616
Avg Sold Price
21d
Avg Days on Market
Balanced Market
Market Condition
777 active at start of month 202 new listings Absorption rate: 19.6% Highest sold: $1,292,000 Lowest sold: $285,800

How Does March 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2021 (this report) 152 $579,616 21d
February 2021 month prior 131 +16% $554,779 +4.5% 28d -25%
March 2020 year ago 1 +15100% $817,000 -29.1%

3-Year Price Trend — New Westminster Condo

The New Westminster condo real estate market was a Balanced Market in March 2021, with 777 active listings at the start of the month, 152 properties sold, an average sold price of $579,616, properties averaging 21 days on market, an absorption rate of 19.6%. 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 March 2021

In March 2021, the New Westminster condo real estate market is classified as a Balanced Market with an absorption rate of 19.6%. 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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