New Westminster House Market Report – May 2025

Q: How many homes sold in New Westminster in May 2025?

19 house properties sold in New Westminster during May 2025 based on MLS® records. There were 1,023 active listings at the start of the month. A total of 38 new listings came to market during the month.

Q: What is the average home price in New Westminster?

The average house sold price in New Westminster in May 2025 was $1,553,947. Sold prices ranged from $995,500 to $3,100,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in New Westminster?

In May 2025, house properties in New Westminster averaged 29 days on the market before selling. With an absorption rate of 1.9%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the New Westminster market changed compared to last year?

The average house sold price in New Westminster in May 2025 was $1,553,947, up 5.6% year-over-year compared to May 2024 ($1,471,454). Sales volume was up 46.2% compared to the same month last year. Data is sourced from MLS® sold records.

New Westminster is an active house 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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Units Sold

$1,553,947

Avg Sold Price

29d

Avg Days on Market

Buyer's Market

Market Condition

1,023 active at start of month 38 new listings Absorption rate: 1.9% Highest sold: $3,100,000 Lowest sold: $995,500

How Does May 2025 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2025 (this report)	19	$1,553,947	29d
April 2025 month prior	12 +58.3%	$1,779,075 -12.7%	18d +61.1%
May 2024 year ago	13 +46.2%	$1,471,454 +5.6%	—

3-Year Price Trend — New Westminster House

The New Westminster house real estate market was a Buyer's Market in May 2025, with 1,023 active listings at the start of the month, 19 properties sold, an average sold price of $1,553,947, properties averaging 29 days on market, an absorption rate of 1.9%. All data is sourced from MLS® sold records.

Recently Sold in New Westminster

1817 Edinburgh Street

Active Listings in New Westminster

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your New Westminster specialist

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Related: New Westminster House Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — New Westminster May 2025

Is it a good time to buy in New Westminster? −

In May 2025, the New Westminster house real estate market is classified as a Buyer's Market with an absorption rate of 1.9%. 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.

How many homes sold in New Westminster in May 2025? +

What is the average home price in New Westminster? +

How long are homes sitting on the market in New Westminster? +

How has the New Westminster market changed compared to last year? +

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.