West Newton, Surrey House Market Report – August 2021

In August 2021, the West Newton, Surrey house real estate market is classified as a Buyer's Market with an absorption rate of 6.5%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

16 house properties sold in West Newton, Surrey during August 2021 based on MLS® records. There were 246 active listings at the start of the month. A total of 31 new listings came to market during the month.

The average house sold price in West Newton, Surrey in August 2021 was $1,354,356. Sold prices ranged from $890,000 to $1,741,000. Data is sourced from MLS® board records.

In August 2021, house properties in West Newton, Surrey averaged 30 days on the market before selling. With an absorption rate of 6.5%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in West Newton, Surrey in August 2021 was $1,354,356, up 21.4% year-over-year compared to August 2020 ($1,115,216). Sales volume was down 56.8% compared to the same month last year. Data is sourced from MLS® sold records.