West Newton
SURREY, BC
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Life in West Newton
West Newton is part of Surrey and is 24.7 km from Downtown Vancouver and 23.4 km from the Vancouver International Airport. There are 16 schools in West Newton including Tamanawis Secondary, Princess Margaret Secondary, and Khalsa School Newton.
There are currently 242 homes for sale in West Newton made up of condos, townhomes and houses with an average list price of $1,144,650. An average Townhome in West Newton has 3 bedrooms, is 1,530 SF and lists for $711,313. Townhome prices range from $245,000 - $975,000.
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West Newton Market Intelligence
Last updated November 17, 2024 at 12:25am -08:00
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
242
Nov 17, 2024
Sales-To-Listing Ratio
5
%
Buyers' 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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