Greater Vancouver

NEW WESTMINSTER

APRIL 2023

Price Band & Bedroom CONDOS & TOWNHOMES

Com m unity CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 4 2

0 0 0 2

NA NA NA

Brunete

0 0

0 0

NA NA

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

ConnaughtHeights

Downtown Fraserview

24 18

13 14

54% 78%

100%

18 24 28 29 12 12

12 21 18 15

67% 88% 64% 52% 67% 75% 40% 67%

GlenBrooke North

2 5 0

4 0 0

200%*

M oody Park North Arm

NA NA

Quay

19 19

14 14

74% 74%

8 9 4 2 0 0 0 0 0 0 0 0 0

Queensborough Queens Park

0

1 3 3

NA*

1,000,001 – 1,250,000 10 1,250,001 – 1,500,000 3 1,500,001 – 1,750,000 2 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 1 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0

Sapperton The Heights

13

23%

1

300%*

NA NA NA NA NA NA NA NA NA

Uptown West End TOTAL*

42

24

57% 50% 63%

2

1

145

91

4,000,001 & Greater

0

TOTAL*

145

91

63%

0 to 1 Bedroom 2 Bedrooms 3 Bedrooms

37 77 29

28 41 20

76% 53% 69%

4 Bedroom s & Greater 2

2

100%

TOTAL*

145

91

63%

SnapStats®

March

April

Variance

Inventory

150

145

-3% 12%

Solds

81

91

Sale Price

$607,500 $650,000 7%

Sale Price SQFT

$684

$663 100%

-3%

Sale to ListPrice Ratio 100%

0% 0%

Days on M arket

8

8

*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 ATTACHED :Selers M arketat63% Sales Ratio average (6.3 in 10 hom es seling rate) • Hom es are seling on average 100% oflistprice

• M ostActive Price Band** $500,000 to $600,000 w ith average 88% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $1 m ilto $1.25 m il,Sapperton and 2 bedroom properties • Selers BestBet** Seling hom es in Fraserview ,Q uay,Q ueensborough and up to 1 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$650,000

$640,000 $643,750

$640,000

$639,900

$635,000

$620,000

$617,500

$607,500

$600,000

$595,000 $585,000

$590,000

13 Month M arket Trend

206

199

195

192

187

184

182

151

150

145

145

143

130

91

81

71

63

61

59

55

48

43

109

29

96

94

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 .