New Westminster House Market Report – October 2020

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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38
Units Sold
$1,223,875
Avg Sold Price
42d
Avg Days on Market
Seller's Market
Market Condition
159 active at start of month 45 new listings Absorption rate: 23.9% Highest sold: $2,150,000 Lowest sold: $700,000

How Does October 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
October 2020 (this report) 38 $1,223,875 42d
September 2020 month prior 33 +15.2% $1,251,323 -2.2% 20d +110%

3-Year Price Trend — New Westminster House

The New Westminster house real estate market was a Seller's Market in October 2020, with 159 active listings at the start of the month, 38 properties sold, an average sold price of $1,223,875, properties averaging 42 days on market, an absorption rate of 23.9%. 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 House Market

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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