Richmond BC Condos and Townhouses For Sale-Market Report


Blog by Arnold Shuchat | September 27th, 2012


West of Hwy 99 in Richmond BC, there are 950 apartments and townhouses for sale. The price distribution is set out in the following table for your convenience.  In all, west of Hwy 99 there is some $640 Million dollars of attached property waiting to be sold!
Listing Price Bracket
# of Properties
# Sold last 30 days
% of Listings sold
<$100,000
7
0
0
$100,000-200,000
42
2
4.8
$200,000-300,000
244
5
2
$300,000-400,000
301
13
4.3
$400,000-500,000
213
7
3.3
$500,000-600,000
74
2
2.7
$600,000-700,000
33
2
6.1
$700,000-800,000
13
0
0
$800,000+
16
0
0
BUYER'S MARKET

West of Hwy 99 in Richmond BC, there are 1,412 apartments and townhouses for sale. The price distribution is set out in the following table for your convenience.  In all, west of Hwy 99 there is some $623 Million dollars of attached property waiting to be sold!  Overall, only 5% of properties listed and available for sale actually sold in the last 30 days in this geographical area.

Listing Price Bracket # of Properties # Sold last 30 days % of Listings sold

<$100,000 6 1 17

$100,000-200,000 67 2 3

$200,000-300,000 245 14 6

$300,000-400,000 321 19 6

$400,000-500,000 327 19 6

$500,000-600,000 238 8 3

$600,000-700,000 121 2 2

$700,000-800,000 50 4 8

$800,000+ 32 0 0