Downtown
NEW WESTMINSTER, BC

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Life in Downtown

Downtown is part of New Westminster and is 17.6 km from Downtown Vancouver and 19.5 km from the Vancouver International Airport. There are 2 schools in Downtown including Ecole Qayqayt Elementary and Purpose Independent Secondary School.


There are currently 32 homes for sale in Downtown made up of condos, townhomes and houses with an average list price of $769,740. An average Condo in Downtown has 2 bedrooms, is 1,018 SF and lists for $747,458. Condo prices range from $527,900 - $1,358,800.

Downtown Market Intelligence

Last updated August 13, 2022 at 01:25am -07:00

Market Summary

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

Average Sale Price

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Sales

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Active Listings

32

Aug 13, 2022

Sales-To-Listing Ratio

13 %

Balanced Market

Average Days On Market

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CURRENT MARKET CONDITIONS

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

CONDOS

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TOWNHOMES

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HOUSES

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