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.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| May 2022 (this report) | 3 | $890,000 | 13d |
| April 2022 month prior | 1 +200% | $1,350,000 -34.1% | 7d +85.7% |
| May 2021 year ago | 3 +0% | $1,012,667 -12.1% | — |
In May 2022, the Fraserview NW, New Westminster townhouse real estate market is classified as a Balanced Market with an absorption rate of 16.7%. 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.