Richmond Real Estate Market Overview
Condos and Townhomes
Most Active Neighbourhoods
Condos and townhomes in Richmond sold very well in April with many neighbourhoods recording over 100% sales ratios. The neighbourhood recording the highest sales ratio was Saunders condos and townhomes, which recorded a 500% sales ratio, however there was only 1 new listing with 5 sales.
- Stevenson North and Stevenson South condos and townhomes sold at 121% sales ratio (19 listings, 21 sales)
- Riverdale and Terra Nova condos and townhomes sold at 115% sales ratio (13 listings, 15 sales)
- Brighouse South and McLennan North condos and townhomes sold at 82% sales ratio (95 listings, 78 sales)
Lots of Listings in Brighouse and West Cambie
Listings wise, Brighouse and West Cambie condos and townhomes brought in the most inventory this month with 333 total new listings (and 150 sales).
Richmond Detached Homes
Neighbourhoods with the Most Sales
Similar to condo and townhome sales this month, Stevenson North and Stevenson South homes sold very well. Stevenson North and South homes sold at a collective 45% sales ratio with 44 new listings and 20 sales. Along the Western waterfront area below Vancouver Airport, Terra Nova, Quilchena and Seafair homes for sale all performed very well, selling at a 33% sales ratio (57 listings, 19 sales).
Price Bands with the Most Inventory and Sales
Price Bands Bringing in the Most Inventory:
- $1.75M – $2M houses in Richmond had 88 new listings (23 sales)
- $2.25M – $2.5M houses in Richmond had 50 new listings (9 sales)
Price Bands with Highest Sales Ratios
- $1.5M – $1.75M houses in Richmond had 32 new listings and 20 sales (63% sales ratio)
- $2M – $2.25M houses in Richmond had 36 new listings and 11 sales (31% sales ratio)
- $2.5M – $2.75M houses in Richmond had 28 new listings and 9 sales (32% sales ratio)
Get A More Detailed Real Estate Report
To obtain a more detailed report of Richmond real estate sales and listings, please contact the Filer & Welch team