Greater Vancouver

NEW WESTMINSTER

APRIL 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Community CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 1 5

0 0 0 1

NA NA NA

Brunette

0 0

0 0

NA NA

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

Connaught Heights Downtown Fraserview Moody Park North Arm GlenBrooke North

81 32

16 16

20% 50%

20% 48% 48% 35% 33% 25%

23 52 54 42 32 22

11 25 19 14

2 0 0

2 0 0

100%

NA NA

Quay

36 45

10 13

28% 29%

8 1 0 1 0 0 0 0 0 0 0 0

Queensborough Queens Park

5%

1

1 8 0

100%

1,000,001 – 1,250,000 24 1,250,001 – 1,500,000 9 1,500,001 – 1,750,000 2 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 1 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0

12

50%

Sapperton The Heights

19

42%

NA

0

NA

50%

Uptown West End TOTAL*

48

25

52% 33% 34%

NA NA NA NA NA NA NA NA

3

1

267

92

4,000,001 & Greater

0

TOTAL*

267

92

34%

0 to 1 Bedroom

73

22 54 16

30% 39% 33%

2 Bedrooms 3 Bedrooms

138

48

4 Bedrooms & Greater

8

0

NA

TOTAL*

267

92

34%

SnapStats®

March

April 267

Variance

Inventory

220

21% 11%

Solds

83

92

Sale Price

$657,000 $652,500 -1%

Sale Price SQFT

$710 98%

$690

-3%

Sale to List Price Ratio

100% 2%

Days on Market

9

11

22%

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator NEW WESTMINSTER ATTACHED : Sellers Market at 34% Sales Ratio average (3.4 in 10 homes selling rate) • Homes are selling on average 100% of list price

• Most Active Price Band** $1 mil to $1.25 mil with average 50% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $900,000 to $1 mil, Downtown and up to 1 bedroom properties • Sellers Best Bet** Selling homes in Fraserview, Uptown and 2 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$657,000 $652,500

13 Month Market Trend

$650,000 $658,000 $650,000 $658,750 $661,000

$645,000

$622,000

$620,000 $610,000

$615,000

267

$600,000

220

207

201

201

200

196

191

178

157

154

145

135

94

92

83

69

68

65

61

52

44

36

107

99

91

APR

MAY

JUN

JUL

AUG

SEP

OCT

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FEB

MAR

APR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on May 1, 2024 from Greater Vancouver REALTORS® MLS database. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.