Metro Vancouver

STATS ATT RICHMOND MARCH 2024 Price Band & Bedroom CONDOS & TOWNHOMES Community CONDOS & TOWNHOMES SnapStats® Inventory Sales Sales Ratio SnapStats® Inventory Sales Sales Ratio 6 6 100% Boyd Park 5 4 80% 11 4 36% Bridgeport 10 6 60% 19 6 32% Brighouse 281 64 23% 47 26 55% Brighouse South 52 25 48% 87 26 30% Broadmoor 6 1 17% 83 25 30% East Cambie 6 6 100% 82 26 32% East Richmond 2 0 NA 91 17 19% Garden City 4 2 50% 107 32 30% Gilmore 0 0 NA 76 25 33% Granville 7 2 29% 25 4 16% Hamilton 25 3 12% 13 2 15% Ironwood 13 5 38% 2 0 NA Lackner 4 0 NA 9 0 NA McLennan 0 0 NA 0 0 NA McLennan North 39 10 26% 2 0 NA McNair 2 0 NA 2 1 50% Quilchena 1 0 NA 4 0 NA Riverdale 5 5 100% 0 0 NA Saunders 7 2 29% 0 0 NA Sea Island 0 0 NA 5,000,001 & Greater 2 0 NA Seafair 2 0 NA TOTAL* 668 200 30% South Arm 5 4 80% Steveston North 6 4 67% 0 to 1 Bedroom 123 39 32% Steveston South 18 8 44% 2 Bedrooms 325 97 30% Steveston Village 2 0 NA 3 Bedrooms 175 49 28% Terra Nova 5 8 160%* 4 Bedrooms & Greater 45 15 33% West Cambie 155 35 23% TOTAL* 668 200 30% Westwind 1 2 200%* Woodwards 5 4 80% SnapStats® February March Variance TOTAL* 668 200 30% Inventory 644 668 4% Solds 163 200 23% Sale Price $846,000 $827,500 -2% Sale Price SQFT $827 $850 3% Sale to List Price Ratio 97% 103% 6% Days on Market 21 13 -38%

Market Summary

Market Type Indicator RICHMOND ATTACHED: Sellers Market at 30% Sales Ratio average (3 in 10 homes selling rate) Homes are selling on average 3% above list price

Most Active Price Band** $500,000 to $600,000 with average 55% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1.75 mil to $2 mil, Hamilton and 3 bedroom properties Sellers Best Bet** Selling homes in Bridgeport, Terra Nova and minimum 4 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$846,000

13 Month Market Trend

$827,500

$791,250 $797,000 $797,440

$788,000 $792,500

$773,000

$765,000

$760,000

$750,000

$749,000

$745,500

722

714

693

668

649

644

630

628

627

617

581

578

535

277

264

254

251

242

230

200

180

170

163

126

121

121

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on April 2, 2024 from Greater Vancouver REALTORS® MLS database. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.