Townhouse market in New Westminster: Buyer's Market · 8 townhouses sold (30d) · avg $814,875 · 45 days on market
Buyers currently have more choice in New Westminster's townhouse market, with homes taking longer to sell. In the past 30 days, 8 townhouses sold across New Westminster at an average sold price of $814,875. Townhouses are selling in an average of 45 days on the market. The absorption rate is 11.9% — meaning 11.9% of active townhouse inventory sells each month. Average townhouse prices in New Westminster are down 5.1% compared to the 90-day average of $858,514. If you're considering buying a townhouse in New Westminster, you have more time to negotiate — though well-priced townhomes still attract attention.
Average sold price per month (townhouses)
How many townhouses sold in each price bracket (last 90 days)
Based on 8 townhouse sales recorded in the last 30 days via MLS® board data.
Based on current data, New Westminster is a Buyer's Market for townhouses.
The absorption rate is 11.9%, with 67 active townhouse listings and 8 sales in the last 30 days.
What this means for buyers: You have more negotiating power. There are more townhouses available than buyers, giving you time to find the right home without as much competition pressure.
Townhouses in New Westminster are taking an average of 45 days on the market before selling, based on sales in the last 30 days.
8 townhouses sold in New Westminster in the last 30 days, based on MLS® data.
There are currently 67 active townhouse listings in New Westminster.