new w estm inster TOWNHOME-NOVEMBER 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere28 townhom elistingsin N ew W estm insterin N ovem ber,10% below O ctoberand 65% higherthan N ovem ber2021. N ovem bertownhom esalesrem ained thesam e m onth-over-m onth,at4,and were83% below N ovem ber 2021. Thesales-to-listing ratio fortow nhom esin N ew W estm inster,at14% ,reflected abalanced m arket. Thetownhom em edian pricein N ovem berwas$822,400, a13% decreasefrom O ctoberand 0.7% below N ovem ber 2021. Theaveragesold pricewas$811,200,18% below last m onth;theaveragePSF salepricewas$661,down 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 0.1% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 13% VS 2021
▼ 0.7% VS 2021
▲ 65% VS 2021
▼ 83% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$661 $811,200 $822,400 14% 4 28
23 17
-0.1% -13% -0.7% -89% -83% 65%
$705 $992,250 $949,500 13% 4 31
-6% -18% -13% 11% 0% -10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$662 $934,022 $828,000 135%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
31
32
28
31
28
25
25
23
23
20
18
17
15
18
18
13
12
15
14
8
7
7
7
4
5
4
$1.03M $1.09M
$1.03M
$1.01M $970K $1.00M
$960K $984K
$950K
$863K
$828K $897K
$822K
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
4+ bdrms
12
3
10
2
8
3 bdrms
15
6
33%
2
4
21%
2 bdrms
10
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
3 1 33%
14 3 21%
9 0 n/a
1 0 n/a
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