new w estm inster TOWNHOME-JUNE 202
SALES TO LISTINGSRATIO 47% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 31% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 17% VS 2021
▲ 15% VS 2021
▼ 20% VS 2021
▼ 21% VS 2021
Therewere32 townhom elistingsin N ew W estm insterin June,3% aboveM ayand 20% lowerthan June2021. Junetownhom esalesincreased by25% m onth-over-m onth,to15,and were21% below June 2021. Thesales-to-listing ratio fortow nhom esin N ew W estm inster,at47% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$970,000,a4% decreasefrom M ayand 15% aboveJune2021. Theaveragesold pricewas$951,140,5% below last m onth;theaveragePSF salepricewas$741,up 5% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
15 32
19 40
31% 17% 15% -1.3% -21% -20%
12 31
5% -5% -4% 21% 25% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$741 $951,140 $970,000 47%
$567 $814,816 $842,000 48%
$709 $1,004,225 $1,008,500 39%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
40
31
30
32
25
25
23
23
20
19
17
17
19
21
19
18
18
18
15
12
15
14
9
7
7
5
$1.03M $1.09M
$1.01M $970K
$960K $984K
$880K $865K $930K
$851K $828K $897K
$842K
NEW W ESTMINSTER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
14
2
100% 100%
12
4+ bdrms
3
10
8
5
3 bdrms
21
50%
6
38% 38%
4
7
2 bdrms
8
2
0
1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 1 100%
3 3 100%
13 5 38%
13 5 38%
2 1 50%
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