The most recent Home Price Index from Greater Vancouver REALTORS, published May 2026, puts the numbers like this.
New Westminster: detached benchmark $1,412,900, townhouse $868,500, apartment $594,600.
Burnaby: detached in Burnaby South $2,008,100, apartment in Burnaby South $743,900, apartment in Burnaby North $689,200.
For comparison, the Metro Vancouver detached benchmark sat at $1,822,900 in July 2026, down roughly 7 percent over the year. Prices have been softening from the peak across the region, and the two cities are not moving at the same speed.
The apartment benchmark differs by close to $100,000 between New Westminster and Burnaby South. Detached property differs by almost $600,000. That gap is why buyers looking at the boundary between the two cities often shift their search, and why a property a few streets either side of that line can attract very different interest.
Slower markets reward buyers who have their financing arranged before they view. Sellers are more willing to negotiate on a home that has been listed for six weeks than one that launched on Tuesday. Look at the sold prices within a kilometre in the last ninety days rather than the asking prices on the market today.
Correct pricing matters more now than it did at the peak. A home priced against what sold nearby in the last ninety days will attract viewings in the first two weeks. A home priced against what the seller hopes for will sit, and a listing that sits loses negotiating strength every week.
Listing volume through the winter, and whether the spring market brings the usual lift in February and March. We will publish the next update with fresh figures as they are released.
Want to know what your home is worth today?
Get a free home valuation | New Westminster real estate | Call 604.788.5133
Written by Vallee Real Estate Group, licensed real estate professionals in British Columbia (Eric Vallee PREC*, licence 136578, and Helen Vallee PREC*, licence 286403), a team with eXp Realty. Benchmark prices from the Greater Vancouver REALTORS Home Price Index, May 2026.
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As of 20 October 2026 the 15 homes listed on this site across New Westminster are priced from $319,000 to $1,375,000. That range comes from the live feed at the top of this page and moves as listings come and go.
For a fixed reference point, the Greater Vancouver REALTORS Home Price Index for May 2026 put the detached benchmark at $1,412,900, the townhouse benchmark at $868,500 and the apartment benchmark at $594,600. Benchmark price describes a typical property in that category, not the asking price of any individual listing.
New Westminster is the only mainland city here with a working waterfront, a hillside downtown and a SkyTrain line within a few kilometres of each other. That combination keeps demand steady: buyers get mature streets and older housing stock without giving up transit. Queensborough sits on the water beyond the Pattullo Bridge and carries newer housing at a lower entry point, while Uptown and the West End hold most of the character homes.
Eric Vallee PREC*, licence 136578, and Helen Vallee PREC*, licence 286403, handle property here daily. We compare street by street rather than by city average, which matters when a 1920s house on one block is being priced against a newer build two blocks over, because the differences in condition and future cost never appear in the listing photos.
When you are buying we say plainly when a place is priced correctly. When you are selling we price against the actual comparable sales on your street rather than regional numbers, and we prepare the property so it shows properly on its first weekend.
Want to know what your New Westminster home is worth today?
Get a free home valuation | Talk to us | Call 604.788.5133
Twelve neighbourhoods make up most of the housing here. Each link opens the live search filtered to that area.
The three pages below are filtered to New Westminster and draw from the same live feed you see at the top of this page.
Written by Vallee Real Estate Group, licensed real estate professionals in British Columbia (Eric Vallee PREC*, licence 136578, and Helen Vallee PREC*, licence 286403). Price range taken from this site's live MLS feed on 20 October 2026. Benchmark prices from the Greater Vancouver REALTORS Home Price Index, May 2026.
eXp Realty
1500 - 701 West Georgia Street Vancouver, BC V7Y 1G5
Serving New Westminster, Burnaby, Vancouver, Richmond, North Vancouver, Coquitlam, Port Moody, Surrey, Maple Ridge, Langley, Delta and Chilliwack.
Stonehaus Realty Corp.
(R3178032)
