Queens Park, North Vancouver - June 2026 Real Estate Report

Queens Park, New Westminster: Your Prices Are Holding Strong - Here Is What the Numbers Actually Mean

If you have been watching the "For Sale" signs in Queens Park and wondering whether now is the time to make a move, here is the straight answer: this neighbourhood is quietly one of the most expensive and fastest-growing in all of New Westminster, and most homeowners have no idea how far ahead they actually are.

The Vibe - Houses vs. Condos

Let us break down what is happening on both sides of the market right now.

Houses: We are sitting at an average sale price of $2,735,000, with a price per square foot around $778. The HonestDoor predicted market value for houses is $1,725,279 - and that number is climbing, sitting above the 3-month moving average of $1,712,147. That upward trend matters. Property values have moved up 1.97% recently, and on the neighbourhood leaderboard, Queens Park houses rank 3rd out of 15 neighbourhoods in New Westminster for growth. For price, we are sitting at number 1 out of 14. That is not a coincidence - this is one of the most sought-after pockets in the city.

• Average sale price (houses): $2,735,000
• Price per sq ft: $778
• HonestDoor predicted value: $1,725,279 (trending up)
• 3-month moving average: $1,712,147
• Recent value change: +1.97%
• Growth rank: 3rd out of 15 in New Westminster
• Price rank: 1st out of 14 in New Westminster
• Estimated monthly rent: $6,049
• Rental yield: 3.98%

Condos: This is where we need to be honest with each other. The condo side is taking a breather. The predicted market value is $1,012,554, but that number is dipping - it is down from the 3-month moving average of $1,024,532, and recent value change sits at -1.28%. That said, condos here still rank 2nd out of 15 in New Westminster for growth, and 6th out of 12 for price, which puts us above average. The average sale price came in at $538,500 at roughly $514 per square foot. Not a freefall - just a pause.

• Average sale price (condos): $538,500
• Price per sq ft: $514
• HonestDoor predicted value: $1,012,554 (trending down slightly)
• 3-month moving average: $1,024,532
• Recent value change: -1.28%
• Growth rank: 2nd out of 15 in New Westminster
• Price rank: 6th out of 12 in New Westminster
• Estimated monthly rent: $3,859
• Rental yield: 3.37%

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing most homeowners do not realize: your BC Assessment is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already six to twelve months out of date. The market does not wait for government paperwork.

The HonestDoor Price is updated in real time using current sales data, market shifts, and neighbourhood trends. For Queens Park houses, that number is $1,725,279 and moving upward. For a neighbourhood ranked first in price out of 14 in New Westminster, knowing your real-world number - not last year's number - is the difference between leaving money on the table and walking away with what your home is actually worth today.

Nearby neighbourhoods like Uptown are sitting at a predicted value of $1,443,772. Queens Park is running well ahead of the pack. That gap is your equity advantage, and it only shows up clearly when you are looking at live data.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Queens Park and you are even loosely thinking about selling this summer, the timing conversation is worth having now. Here is why.

We are ranked first in price in New Westminster and third in growth. The HonestDoor predicted value is trending up. The average sale price for houses is $2,735,000. That is a strong position to negotiate from. Buyers looking in New Westminster know Queens Park commands a premium - and right now, the data backs that up.

For condo owners, the picture is a little more nuanced. Values have dipped slightly in the short term. If you are not in a rush, watching the next 60 to 90 days of movement makes sense before committing to a list price. But even with the small pullback, a 2nd-place growth ranking out of 15 neighbourhoods is not a bad place to be sitting.

Bottom line: check your HonestDoor Price before you do anything else. It is the real-world check against a static assessment, and in a neighbourhood moving as fast as Queens Park, that difference could be worth tens of thousands of dollars in your pocket.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.