Westend, New Westminster - September 2026 Real Estate Report

Westend, New Westminster: Prices Are Sliding - Here Is What Your Home Is Actually Worth Right Now

The Vibe on the Ground

If you have been watching the "For Sale" signs in Westend lately, here is what is actually happening. The market is taking a breather. Both houses and condos are down from their recent peaks, and the numbers are worth paying attention to - especially if you are thinking about making a move this summer.

Houses: Still Strong, But Softening

The average HonestDoor Price for a house in Westend sits at $1,208,500 - down 3.61% from the previous period. The predicted market value comes in a bit higher at $1,253,773, though even that is slipping below the 3-month moving average of $1,263,652. So the trend line is pointing down, not up, at least for now.

What does that mean for us as homeowners? A drop of roughly 1.95% in recent property value change is not a crisis, but it is a signal. We are not in a runaway sellers market anymore. Westend houses rank 11 out of 15 neighbourhoods in New Westminster for growth - that puts us in the below-average tier on the local leaderboard right now.

• Average HonestDoor Price - Houses: $1,208,500
• Predicted Market Value: $1,253,773
• 3-Month Moving Average: $1,263,652
• Recent Value Change: -1.95%
• Estimated Monthly Rent: $4,888
• Rental Yield: 4.33%
• Growth Rank in New Westminster: 11 out of 15

On the rental side, $4,888 per month with a 4.33% yield is a decent return for a detached house. Not spectacular, but solid. If you are holding and renting, you are not losing sleep over that number.

Condos: A Different Story

Condo owners, here is your reality check. The average HonestDoor Price for a Westend condo is $458,809, down 2.17% from the previous period. The predicted value of $486,347 is also drifting below its 3-month moving average of $489,682. The recent change of -0.30% is smaller, but the direction is the same.

Condos also rank 11 out of 15 in New Westminster for growth - same spot as houses on that neighbourhood leaderboard. We are sitting in the bottom half of the pack right now.

• Average HonestDoor Price - Condos: $458,809
• Predicted Market Value: $486,347
• 3-Month Moving Average: $489,682
• Recent Value Change: -0.30%
• Estimated Monthly Rent: $2,418
• Rental Yield: 3.85%
• Growth Rank in New Westminster: 11 out of 15

A 3.85% rental yield on a condo is moderate - it covers costs in many cases, but do not expect it to make you rich on its own. The short-term rental picture is quieter too, with Airbnb income potential around $120 per month and a rank of 15 in New Westminster for Airbnb performance.

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

Here is the thing most Westend homeowners do not realize. Your BC Assessment was calculated using data from July 1st of last year. A lot has changed since then. The HonestDoor Price is updated in real time, pulling in current sales activity and market signals - not a snapshot from months ago.

With house values down roughly 3.61% and condos down 2.17% from recent highs, your government assessment could actually be overstating what your home would sell for today. That matters if you are pricing a listing, negotiating a purchase, or just trying to understand what your net worth actually looks like right now. The HonestDoor Price is the real-world check - not the number the city mailed you in January.

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

Straight talk: this is not the hottest moment to list in Westend. Values are easing, we are ranked 11 out of 15 in the neighbourhood growth leaderboard, and buyers have more options than they did a year ago. That does not mean you should not sell - it means you need to price smart.

A few things worth knowing before you call an agent:

• Nearby Stride Avenue is averaging $1,233,435 for houses - slightly above Westend. That is your competition on the leaderboard.
• North Arm North comes in at $926,253 for houses - cheaper, which means buyers looking for value may drift that direction if you overprice.
• If you are a house owner, the gap between your HonestDoor Price ($1,208,500) and the predicted value ($1,253,773) gives you a realistic pricing window to work with.
• If you are a condo owner, that gap is tighter - price aggressively or expect to sit on the market longer than you want.

The summer market rewards sellers who price based on what is happening now - not what happened last year. Check your HonestDoor Price, compare it to your assessment, and you will know exactly where you stand before you make any moves.

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.