New Westminster Condos for Sale Under $500K

There are currently 129 condos for sale in New Westminster priced Under $500K. The median asking price is $439,000, averaging $620/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.

↓ Buyer's Market
129
Active Listings
13
Sold (30 days)
10.1%
Sales Ratio
Buyer's Market
$439K
Median Price
$620
Avg $/sqft
53
Avg Days
Sale-to-List Ratio & Sold Prices
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Market summary

The condos priced under $500k market in New Westminster is currently a Buyer's Market with a 10.1% sales ratio — 13 homes sold against 129 active listings in the past 30 days. The median asking price is $439,000 ($620/sqft). Properties are selling slowly, averaging 53 days on the market.

Types
Price
–
Areas
Sq Ft
–
Built
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Clear

For Sale

46 listings

Recently Sold

4 sold nearby
Apartment at 316 Cedar Street, New Westminster
2
2
35
937 sqft
Condo listing
MLS®: R3175471
Sold
106 - 316 Cedar Street
Sapperton, New Westminster, BC
2 weeks ago | 9 days on the market | SqFt: 937 | Multi Family,Residential Attached | Strata: $640 | Built: 1976
Listed by:
Apartment at 550 Royal Avenue, New Westminster
2
1
30
934 sqft
Condo listing
MLS®: R3174817
Sold
109 - 550 Royal Avenue
Downtown NW, New Westminster, BC
2 weeks ago | 7 days on the market | SqFt: 934 | Multi Family,Residential Attached | Strata: $416 | Built: 1981
Listed by:
Apartment at 365 Ginger Drive, New Westminster
1
1
12
685 sqft
Condo listing
MLS®: R3173261
Sold
21 - 365 Ginger Drive
Fraserview NW, New Westminster, BC
2 weeks ago | 16 days on the market | SqFt: 685 | Multi Family,Residential Attached | Strata: $337 | Built: 1987
Listed by:
Apartment at 615 Belmont Street, New Westminster
1
1
30
890 sqft
Condo listing
MLS®: R3174011
Sold
1506 - 615 Belmont Street
Uptown NW, New Westminster, BC
3 weeks ago | 7 days on the market | SqFt: 890 | Multi Family,Residential Attached | Strata: $488 | Built: 1983
Listed by:

Market Activity by Price Range — New Westminster

Price Range Active Sold (30d) Sales Ratio
Under $300K 3 0 0%
$300K–$400K 38 6 16%
$400K–$500K 88 5 6%
$500K–$600K Most Active 0 2 100%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

Market Activity by Neighbourhood — New Westminster

NeighbourhoodActiveSold (30d)Sales Ratio
Uptown NW 46 3 7%
Downtown NW 33 5 15%
Fraserview NW 14 3 21%
Sapperton 13 1 8%
Quay 12 1 8%
GlenBrooke North 4 0 0%
Queensborough 3 0 0%
West End NW 2 0 0%
Moody Park 1 0 0%

Explore More in New Westminster

Frequently Asked Questions — New Westminster

How many condos priced under $500k are for sale in New Westminster? ▼
There are currently 129 condos priced under $500k listed for sale in New Westminster. Listings are updated daily from the MLS® database.
How many condos have sold in New Westminster in the past year? ▼
In the past 12 months, 186 condos have sold in New Westminster, averaging about 53 days on market. Full sold prices and sold history are available to registered members — free to sign up. See the full New Westminster Condos market report for monthly trends.
Is it a buyer's or seller's market for condos in New Westminster? ▼
It is currently a Buyer's Market. With a 10.1% sales ratio, there are more condos available than buyers are purchasing, giving buyers more time and negotiating power. See the full New Westminster Condos market report for monthly trends.
What is the median price of condos in New Westminster? ▼
The median asking price for condos in New Westminster is $439,000. The average price per sqft is $620. See the full New Westminster Condos market report for monthly trends.
How long do condos take to sell in New Westminster? ▼
Condos in New Westminster are averaging 53 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in New Westminster? ▼
Yes — there are currently 129 condos priced under $500k available in New Westminster. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.

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