Fraserview NW, New Westminster Townhouse Market Report – July 2024

Fraserview New Westminster is a family-friendly residential neighbourhood in the southeast corner of New Westminster, BC, situated along the north bank of the Fraser River with river views and dyke trail access. The area features a mix of detached single-family homes, townhouses, and some newer low-rise condo developments, catering to a range of buyers from young families to retirees. The Fraser River Heritage Walk and Grimston Park provide riverside recreation right in the neighbourhood. Highway 91 and the Queensborough Bridge connect Fraserview to Surrey, Delta, and the South of Fraser efficiently. New Westminster's two SkyTrain stations and the city's frequent bus network make transit commuting accessible for residents throughout the neighbourhood.

← June 2024 Next month →
4
Units Sold
$896,900
Avg Sold Price
25d
Avg Days on Market
Balanced Market
Market Condition
29 active at start of month 4 new listings Absorption rate: 13.8% Highest sold: $1,108,500 Lowest sold: $540,000

How Does July 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2024 (this report) 4 $896,900 25d
June 2024 month prior 3 +33.3% $964,667 -7% 12d +108.3%

3-Year Price Trend — Fraserview NW, New Westminster Townhouse

The Fraserview NW, New Westminster townhouse real estate market was a Balanced Market in July 2024, with 29 active listings at the start of the month, 4 properties sold, an average sold price of $896,900, properties averaging 25 days on market, an absorption rate of 13.8%. 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 Fraserview NW, New Westminster specialist
Get your home value ›

Frequently Asked Questions — Fraserview NW, New Westminster July 2024

In July 2024, the Fraserview NW, New Westminster townhouse real estate market is classified as a Balanced Market with an absorption rate of 13.8%. The market in Fraserview NW, 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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →