Richmond is a thriving Metro Vancouver suburban city that has a lot to offer homeowners including, outstanding educational options, easy access to downtown Vancouver, and an abundance of shopping centres. The multicultural city of Richmond continues to see a growing demand for housing in the area resulting in increasing final sale prices for single-family homes, townhomes, and condos.
Benchmark Prices For Detached Homes In Richmond Have Grown 18% Over The Past Year
This past August, detached homes in Richmond had an average final sale price of $1,920,400, an 18.3% increase from last August. There were 165 single-family homes listed on the MLS®, with 117 of those homes selling, resulting in a 71% sales ratio.
Browse all detached homes for sale in Richmond listed on the MLS®
- Single family homes for sale in Richmond under $1.92M
- Single family homes for sale in Richmond between $1.92M ~ $3M
- Single family homes for sale in Richmond over $3M
Richmond Townhomes Are In High Demand Resulting In A 99% Sales Ratio
This past August, townhomes in Richmond had an average final sale price of $938,400 which was a 15.6% increase from last year. There were 107 townhomes listed on the MLS®, with 106 of those listings selling, resulting in a 99% sales ratio. The average final sale price for condos in Richmond was $713,400, an 8.9% increase from last year. There were 265 condos listed on the MLS®, with 221 of those listings selling, resulting in an 83.4% sales ratio.
Browse all townhomes for sale in Richmond listed on the MLS®
- Townhomes for sale in Richmond under $940K
- Townhomes for sale in Richmond between $940K ~ $1.5M
- Townhomes for sale in Richmond over $1.5M
Browse all condos for sale in Richmond listed on the MLS®
- Condos for sale in Richmond under $720K
- Condos for sale in Richmond between $720K ~ $1M
- Condos for sale in Richmond over $1M
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Baxter Welch for your convenience.
