New Westminster's August 2026 market has a genuine positive story in the detached segment — sales more than doubled year-over-year and days on market dropped significantly from July. The condo and townhouse segments are quieter but holding relatively stable. Sellers who understand the market's pace by property type are the ones positioning effectively.
Detached · Aug 2026
Compared to Aug 2025
Change from prior month
Detached · Aug 2026
Days to accepted offer
Detached homes in New Westminster benchmark at $1,377,600 — essentially flat month-over-month at -0.5%, with 16 sales closing in August at just 29 days on market. Sales more than doubled compared to August 2025 and DOM dropped sharply from July's 39 days, suggesting that buyer conviction returned meaningfully this month. The Heights NW, Sapperton, and West End NW drove the bulk of activity. For correctly priced detached sellers, August showed that demand is present — it just requires pricing discipline to unlock it.
Townhouse · Aug 2026
Compared to Aug 2025
Change from prior month
Townhouse · Aug 2026
Days to accepted offer
Townhouses in New Westminster benchmark at $873,400 — the most stable segment month-over-month with a negligible +0.1% change, and the mildest year-over-year decline of the three property types at -4.2%. Only 5 sales closed in August, which reflects limited inventory in this segment rather than an absence of buyers. At 51 days on market, those buyers are selective — presentation and pricing need to be working together from day one.
Condo · Aug 2026
Compared to Aug 2025
Change from prior month
Condo · Aug 2026
Days to accepted offer
Condos and apartments benchmark at $576,100, down 8.9% year-over-year but with 56 sales in August — up 7.7% from the same month last year. Volume is holding up even as the benchmark softens, which reflects ongoing demand from first-time buyers and investors drawn to New Westminster's relative affordability. At 50 days on market, buyers are taking their time in this segment, and condition plus pricing are the primary drivers of which listings move and which don't.
Source: Greater Vancouver REALTORS® Stats Package, August 2026. Updated monthly.
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