Quay, New Westminster Condo Market Report – February 2024

Quay is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Quay based on MLS® data.

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13
Units Sold
$698,769
Avg Sold Price
23d
Avg Days on Market
Buyer's Market
Market Condition
420 active at start of month 20 new listings Absorption rate: 3.1% Highest sold: $955,000 Lowest sold: $468,000

How Does February 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2024 (this report) 13 $698,769 23d
January 2024 month prior 9 +44.4% $675,043 +3.5% 56d -58.9%
February 2023 year ago 16 -18.8% $695,769 +0.4%

3-Year Price Trend — Quay, New Westminster Condo

The Quay, New Westminster condo real estate market was a Buyer's Market in February 2024, with 420 active listings at the start of the month, 13 properties sold, an average sold price of $698,769, properties averaging 23 days on market, an absorption rate of 3.1%. 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 Quay, New Westminster specialist
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Frequently Asked Questions — Quay, New Westminster February 2024

In February 2024, the Quay, New Westminster condo real estate market is classified as a Buyer's Market with an absorption rate of 3.1%. 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.

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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