New Westminster Condos for Sale Under $500K
There are currently 130 condos for sale in New Westminster priced Under $500K. The median asking price is $439,450, averaging $623/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The condos priced under $500k market in New Westminster is currently a Buyer's Market with a 6.9% sales ratio — 9 homes sold against 130 active listings in the past 30 days. The median asking price is $439,450 ($623/sqft). Properties are selling slowly, averaging 77 days on the market.
For Sale
5 listings
Recently Sold
45 sold nearby
↓ Buyer's Market
130
Active Listings
9
Sold (30 days)
6.9%
Sales Ratio
Buyer's Market
$439K
Median Price
$623
Avg $/sqft
77
Avg Days
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 7 | 1 | 14% | |
| $300K–$400K | 42 | 3 | 7% | |
| $400K–$500K | 81 | 5 | 6% |
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 | 46 | 2 | 4% |
| Downtown NW | 34 | 3 | 9% |
| Fraserview NW | 15 | 1 | 7% |
| Quay | 14 | 0 | 0% |
| Sapperton | 9 | 2 | 22% |
| Moody Park | 4 | 0 | 0% |
| GlenBrooke North | 3 | 0 | 0% |
| West End NW | 2 | 0 | 0% |
| Queens Park | 1 | 0 | 0% |
| Queensborough | 1 | 1 | 100% |
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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 130 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 6.9% 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 $439,450. The average price per sqft is $623. 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 77 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in New Westminster?
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Yes — there are currently 130 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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