New Westminster Real Estate Market Update: Uptown, Downtown & Queensborough
Uptown New Westminster: Townhomes & Family-Friendly Living
Benchmark Price (Attached/Townhomes): $916,900
Trends: ↓ 0.2% month-over-month, ↓ 1.8% year-over-year
Uptown continues to attract families and professionals looking for convenience, walkability, and strong school catchments. With townhome prices showing modest declines, buyers have more room to negotiate—making this a great time to explore Uptown New Westminster homes for sale.
Downtown New Westminster: Condo-Focused & Transit-Accessible
Benchmark Price (Apartments/Condos): $628,700
Trends: ↓ 0.5% month-over-month, ↓ 2.3% year-over-year
Downtown New Westminster remains a hub for condo living, offering unmatched SkyTrain access, the Quay, and waterfront views. With prices trending slightly downward, this is a prime opportunity for investors and young buyers to secure value in a growing neighborhood.
Queensborough: Value & Growth Potential
Benchmark Proxy (Townhomes & Condos): Aligned with New Westminster averages
While specific stats for Queensborough aren’t broken out, the area typically tracks close to New Westminster’s condo and townhome benchmarks. With its family-friendly vibe, new developments, and expanding amenities, Queensborough condos continue to offer excellent value—especially compared to other Metro Vancouver waterfront communities.
Quick Market Snapshot (New Westminster Overall – August 2025)
- All Residential Benchmark Price: $799,300
- Sales-to-Active Listings Ratio: Balanced at 12.4%
- Inventory: Up year-over-year, creating more choices for buyers
Across New Westminster, home prices are easing slightly while inventory continues to climb. Buyers benefit from increased selection, while motivated sellers can still find success with the right pricing and marketing strategy.
The Adam Lloyd Team Advantage
At the Adam Lloyd Home Selling Team, we specialize in helping clients navigate hyper-local shifts in the New Westminster real estate market. Whether you’re:
- Searching for Uptown New Westminster homes for sale
- Looking at Queensborough condos for long-term value
- Or exploring opportunities in Downtown’s condo market
Our expertise, negotiation skills, and proven marketing strategies ensure you get results in any market.
If you’re looking to make a move in this rapidly evolving market, now is the time to understand the new rules, opportunities, and risks.
Have questions about how these zoning changes impact your property in Burnaby or New Westminster? 📩 Contact Us today for expert insights and tailored advice.
