New Westminster Townhouse Market Report – September 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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31
Units Sold
$733,638
Avg Sold Price
26d
Avg Days on Market
Seller's Market
Market Condition
81 active at start of month 39 new listings Absorption rate: 38.3% Highest sold: $1,060,000 Lowest sold: $525,000

How Does September 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2020 (this report) 31 $733,638 26d
August 2020 month prior 31 +0% $740,258 -0.9% 24d +8.3%

3-Year Price Trend — New Westminster Townhouse

The New Westminster townhouse real estate market was a Seller's Market in September 2020, with 81 active listings at the start of the month, 31 properties sold, an average sold price of $733,638, properties averaging 26 days on market, an absorption rate of 38.3%. 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 September 2020

In September 2020, the New Westminster townhouse real estate market is classified as a Seller's Market with an absorption rate of 38.3%. It is currently a seller's market in New Westminster. While demand is elevated, qualified buyers can still find opportunities. 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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