New Westminster Condos for Sale Under $500K
There are currently 131 condos for sale in New Westminster priced Under $500K. The median asking price is $446,800, averaging $631/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
All
With Suite
With Basement
New Construction
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed
Under $500K
Under $800K
Under $1M
$1M–$2M
Over $2M
$2M–$3M
Luxury ($3M+)
↓ Buyer's Market
131
Active Listings
8
Sold (30 days)
6.1%
Sales Ratio
Buyer's Market
$447K
Median List Price
$631
Avg $/sqft
27
Avg Days on Market
The condos priced under $500k market in New Westminster is currently a Buyer's Market with a 6.1% sales ratio — 8 homes sold against 131 active listings in the past 30 days. The median asking price is $446,800 ($631/sqft). Properties are selling within a month on average, averaging 27 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K | 6 | 1 | 17% | |
| $300K–$400K | 39 | 2 | 5% | |
| $400K–$500K | 86 | 4 | 5% | |
| $500K–$600K Most Active | 0 | 1 | 100% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — New Westminster
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Uptown NW | 52 | 2 | 4% |
| Downtown NW | 38 | 2 | 5% |
| Sapperton | 15 | 0 | 0% |
| Fraserview NW | 15 | 1 | 7% |
| Quay | 4 | 3 | 75% |
| Moody Park | 3 | 0 | 0% |
| Queensborough | 2 | 0 | 0% |
| West End NW | 1 | 0 | 0% |
| GlenBrooke North | 1 | 0 | 0% |
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Frequently Asked Questions — New Westminster
How many condos priced under $500k are for sale in New Westminster?
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There are currently 131 condos priced under $500k listed for sale in New Westminster. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in New Westminster?
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It is currently a Buyer's Market. With a 6.1% 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?
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The median asking price for condos in New Westminster is $446,800. The average price per sqft is $631. See the full New Westminster Condos market report for monthly trends.
How long do condos take to sell in New Westminster?
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Condos in New Westminster are averaging 27 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
Are there good condos priced under $500k in New Westminster?
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Yes — there are currently 131 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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