New Westminster Market Updates | January 2019
View the below price analysis for January 2019 in New Westminster. It includes detailed information on detached homes, condos and townhomes. Check out the current market trends!
Market Summary for Detached
- Buyers Market at 10% Sales Ratio average (1 in 10 homes selling rate)
- Homes are selling on average 6% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 28% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 to $1.5 mil, Queensborough, West End and 5 to 6 bedroom properties
- Sellers Best Bet** Selling homes in The Heights and 3 to 4 bedroom properties
Market Summary for Attached
- Sellers Market at 27% Sales Ratio average (2.7 in 10 homes selling rate)
- Homes are selling on average 4% below list price
- Most Active Price Band** $300,000 to $400,000 with average 73% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $800,000 to $900,000, Quay, Sapperton and 3 bedroom properties
- Sellers Best Bet* Selling homes in Fraserview, GlenbBrooke North and up to 1 bedroom properties
Have a question about the market stats?
Contact meSource: SnapStats® Publishing Co. Graphs represent the data comparison between Dec 2018 and Nov 2018.
