new w estm inster TOWNHOME-AUGUST 202
SALES TO LISTINGSRATIO 72% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2021
▼ 0.2% VS 2021
▼ 5% VS 2021
▼ 32% VS 2021
Therewere18 townhom elistingsin N ew W estm insterin August,36% below Julyand 5% lowerthan August2021. Augusttownhom esalesincreased by63% m onth-over-m onth,to13,and were32% below August 2021. Thesales-to-listing ratio fortow nhom esin N ew W estm inster,at72% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$863,000,a 14% decreasefrom Julyand 0.2% below August2021. Theaveragesold pricewas$869,062,7% below last m onth;theaveragePSF salepricewas$635,down 2% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13 18
19 19
14% 3% -0.2% -28% -32% -5%
$651 $933,563 $1,002,500 29% 8 28
-14% 153% 63% -36%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$635 $869,062 $863,000 72%
$556 $843,863 $865,000 100%
-2% -7%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
32
28
31
25
25
23
23
20
19
19
21
17
17
18
15
18
18
13
12
15
14
9
8
7
7
5
$1.03M $1.09M
$1.01M $970K $1.00M
$960K $984K
$865K $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
1
100%+ 100%+
8
4+ bdrms
2
6
7
3 bdrms
11
4
5 5
2 bdrms
2
14%
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
0 1 n/a
1 2 200%
8 9 113%
7 1 14%
2 0 n/a
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