West End NW, New Westminster Market Report – March 2022

In March 2022, the West End NW, New Westminster real estate market is classified as a Balanced Market with an absorption rate of 13.9%. The market in West End NW, New Westminster is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

5 properties sold in West End NW, New Westminster during March 2022 based on MLS® records. There were 36 active listings at the start of the month. A total of 8 new listings came to market during the month.

The average sold price in West End NW, New Westminster in March 2022 was $1,282,000. Sold prices ranged from $360,000 to $2,210,000. Data is sourced from MLS® board records.

In March 2022, properties in West End NW, New Westminster averaged 14 days on the market before selling. With an absorption rate of 13.9%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average sold price in West End NW, New Westminster in March 2022 was $1,282,000, down 5.9% year-over-year compared to March 2021 ($1,361,909). Sales volume was down 54.5% compared to the same month last year. Data is sourced from MLS® sold records.