Greater Vancouver

NEW WESTMINSTER

APRIL 2023

Price Band & Bedroom DETACHED HOUSES

Com m unity DETACHED HOUSES

SnapStats® $0 -700,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 1 2

0 0 0 0 4 3 9 1 1 0 0 0 1 0 0 0 0 0 0 0 0

NA NA NA NA

Brunete

0 4 0 1 8 1 0 0 5 6 2 9

0 1 0 0 1 1 0 0 4 1 0 7 0 4

NA

700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

ConnaughtHeights

25%

Downtown Fraserview

NA NA

1,000,001 – 1,250,000 4 1,250,001 – 1,500,000 12 1,500,001 – 1,750,000 8 1,750,001 – 2,000,000 16 2,000,001 – 2,250,000 8 2,250,001 – 2,500,000 8 2,500,001 – 2,750,000 2 2,750,001 – 3,000,000 4 3,000,001 – 3,500,000 2 3,500,001 – 4,000,000 2 4,000,001 – 4,500,000 3 4,500,001 – 5,000,000 0 5,000,001 – 5,500,000 0 5,500,001 -6,000,000 0 6,000,001 -6,500,000 0 6,500,001 -7,000,000 0

100%

GlenBrooke North

13%

25%

M oody Park North Arm

100%

113%*

NA NA

6%

Quay

13%

Queensborough Queens Park

24

17% 20%

NA NA NA NA NA NA NA NA NA NA NA

Sapperton The Heights

NA

12

58%

50%

Uptown West End TOTAL*

NA

44% 26%

72

19

7,000,001 & Greater

0

TOTAL*

72

19

26%

2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore

12 27 27

0

NA

12

44% 22% 17% 26%

6 1

6

TOTAL*

72

19

SnapStats®

March

April

Variance

Inventory

59 16

72 19

22% 19%

Solds

Sale Price

$1,473,500 $1,549,000 5%

Sale Price SQFT

$604

$636 103%

5% 1%

Sale to ListPrice Ratio 102%

Days on M arket

19

8

-58%

*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.

M arket Sum m ary

• M arketType Indicator NEW WESTMINSTER DETACHED :Selers M arketat26% Sales Ratio average (2.6 in 10 hom es seling rate) • Hom es are seling on average 3% above listprice • M ostActive Price Band** $1.5 m ilto $1.75 m ilw ith average > 100% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $1.75 m ilto $2 m il,Glenbrooke North,Queensborough and 5 to 6 bedroom properties • Selers BestBet** Seling hom es in The Heights,W estEnd and 3 to 4 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$1,701,500

$1,550,000

$1,549,000

$1,520,000

$1,485,000

$1,473,500

$1,472,500

$1,374,000 $1,320,000 $1,372,500

$1,341,000

13 Month M arket Trend

$1,235,000 $1,225,000

88

86

86

83

82

80

79

74

72

62

59

56

54

24

19

19

17

16

13

12

11

11

11

9

9

9

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2023 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M ay 1,2023 from the RealEstate Board ofGreaterVancouverM LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .