New Westminster Market Report – April 2024

New Westminster is an active real estate 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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111
Units Sold
$797,600
Avg Sold Price
27d
Avg Days on Market
Seller's Market
Market Condition
279 active at start of month 261 new listings Absorption rate: 39.8% Highest sold: $3,250,000 Lowest sold: $325,000

How Does April 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2024 (this report) 111 $797,600 27d
March 2024 month prior 113 -1.8% $878,804 -9.2% 18d +50%
April 2023 year ago 119 -6.7% $952,307 -16.2% —

3-Year Price Trend — New Westminster

The New Westminster real estate market was a Seller's Market in April 2024, with 279 active listings at the start of the month, 111 properties sold, an average sold price of $797,600, properties averaging 27 days on market, an absorption rate of 39.8%. 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 April 2024

In April 2024, the New Westminster real estate market is classified as a Seller's Market with an absorption rate of 39.8%. 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: 11/14/2026   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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