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.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| March 2024 (this report) | 113 | $878,804 | 18d |
| February 2024 month prior | 88 +28.4% | $876,218 +0.3% | 29d -37.9% |
| March 2023 year ago | 109 +3.7% | $758,334 +15.9% | — |
In March 2024, the New Westminster real estate market is classified as a Strong Seller's Market with an absorption rate of 47.7%. It is currently a strong seller's market in New Westminster, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. 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.