new w estm inster TOWNHOME-SEPTEMBER 202
SALES TO LISTINGSRATIO 28% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 16% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 25% VS 2021
▲ 11% VS 2021
▲ 19% VS 2021
▼ 22% VS 2021
Therewere25 townhom elistingsin N ew W estm insterin Septem ber,39% aboveAugustand 19% higherthan Septem ber2021. Septem bertownhom esalesdecreased by46% m onth-over-m onth,to 7,and were22% below Septem ber 2021. Thesales-to-listing ratio fortow nhom esin N ew W estm inster,at28% ,reflected aselers'm arket. Thetownhom em edian pricein Septem berwas $1,029,900,a19% increasefrom Augustand 11% above Septem ber2021. Theaveragesold pricewas$1,059,300,22% abovelast m onth;theaveragePSF salepricewas$748,up 18% to lastm onth.
THISMONTH No. $748 $1,059,300 $1,029,900 28% 7 25
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$645 $846,167 $929,900 43% 9 21
16% 25% 11% -35% -22% 19%
13 18
18% 22% 19% -61% -46% 39%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$635 $869,062 $863,000 72%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
32
28
31
25
25
25
23
23
20
21
18
17
17
15
18
18
13
12
15
14
9
8
7
7
7
5
$1.03M $1.09M
$1.03M
$1.01M $970K $1.00M
$960K $984K
$930K
$863K
$851K $828K $897K
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
1
4+ bdrms
12
4
10
5
8
3 bdrms
16
6
40% 40%
1
4
2 bdrms
14%
5
2
0
<$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 0 n/a
0 1 n/a
14 2 14%
5 2 40%
5 2 40%
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