new westminster TOWNHOME - OCTOBER 2 0 2 5
SALES TO LISTINGS RATIO 12% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 9% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 8% VS 2024
▼ 20% VS 2024
▲ 14% VS 2024
▲ 33% VS 2024
There were 65 townhome listings in New Westminster in October, 10% below September and 33% higher than October 2024. October townhome sales increased by 14% month-over-month, to 8, and were 20% below October 2024. The sales-to-listing ratio for townhomes in New Westminster, at 12%, reflected a balanced market. The townhome median price in October was $1,046,500, a 20% increase from September and 14% above October 2024. The average sold price was $927,438, 3% above last month; the average PSF sale price was $599, down 3% to last month.
THIS MONTH No. $599 $927,438 $1,046,500 12% 8 65
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10 49
-9% -8% 14% -40% -20% 33%
$620 $903,114 $870,000 10% 7 72
20% 27% 14% -10%
$661 $1,004,430 $915,000 20%
-3% 3%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● OCT 2024 ● OCT 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
89
80
72
75
62
65
70
49
46
35 14
34
30
26
14
14
12
10
8
7
10
4
14
8
10
10
$1.05M $1.06M
$1.05M
$1.03M
$990K
$960K
$962K
$950K
$929K
$915K
$870K
$845K
$833K
NEW WESTMINSTER
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
3
4+ bdrms
20
10
3
15
3 bdrms
33
2
10
2 bdrms
33%
21
17%
5
<2 bdrms
6%
5%
1
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
Null
S-L RATIO SALES INVENTORY
6 1 17%
17 1 6%
22 1 5%
15 5 33%
5 0 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of November 14, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 29 ●
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