New Westminster Townhouse Market Report – December 2020

New Westminster is an active townhouse 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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16
Units Sold
$706,656
Avg Sold Price
35d
Avg Days on Market
Balanced Market
Market Condition
99 active at start of month 13 new listings Absorption rate: 16.2% Highest sold: $949,900 Lowest sold: $415,000

How Does December 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
December 2020 (this report) 16 $706,656 35d
November 2020 month prior 27 -40.7% $729,896 -3.2% 38d -7.9%

3-Year Price Trend — New Westminster Townhouse

The New Westminster townhouse real estate market was a Balanced Market in December 2020, with 99 active listings at the start of the month, 16 properties sold, an average sold price of $706,656, properties averaging 35 days on market, an absorption rate of 16.2%. 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 December 2020

In December 2020, the New Westminster townhouse real estate market is classified as a Balanced Market with an absorption rate of 16.2%. The market in 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.

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