Richmond Real Estate Market Report-Attached Properties


Blog by Arnold Shuchat | March 15th, 2013


Price Bracket #of Properties  #sold last 30 days  % of those listed
  <$700,000 9 1 11
  $701-800k 42 5 12
  $801-900k 73 3
$901-1000k 88 2
$1001-1100k 57 0
$1101-1200k 58 3 5
  $1201-1300k 50 3 6
  $1301-1400k 49 0 0
  $1401-1500k 36 0
$1501-1600k 42 2 5
  $1601-1700k 39 1 3
  $1701-1800k 31 0 0
  $1801-1900k 23 0 0
  $1901-2000k 23 0 0
  $2001+ 96 3 3* (larger category of pricing)
The following table looks at the real estate activity for the different neighbourhoods in Richmond, B.C. for the 1st 2 weeks of March, 2013 for attached properties such as condos, duplexes, townhouses etc...

Again, the numbers for the last three days may not yet be reported. but activity which was increasing modestly appears to have been arrested.  It could have to do with the transition fo the HST rules which after April 1, 2013 becomes GST again with a substantial savings on brokerage fees.  Waiting until after April 1, 2013 will save an owner thousands of dollars.

These are the worst numbers I have seen in a long time in terms of activity!

Neighbourhood Properties For Sale   #Sold Last 30 days  % of those For Sale

Sea Island 0 0 0
Bridgeport 1 0 0
West Cambie 81 7 8.6
East Cambie 29 1 3.4
Terra Nova 25 1 4
Riverdale 37 0 0
Quilchena 7 0 0
Granville 30 0 0
Seafair 3 0 0
Boyd Park 37 1 2.7
Lackner 2 0 0
Steveston Village 7 0 0
Steveston North 10 0 0
Steveston South 93 3 3.2
Westwind 8 0 0
Woodwards 11 1 9.1
Broadmoor 13 0 0
Garden City 24 0 0
Saunders 25 2 8
Southarm 35 0 0
Brighouse 348 7 2
Brighouse South 223 3 1.3
McLennan North 150 0 0
Gilmore 2 0 0
East Richmond 4 0 0
McNair 8 0 0
Ironwood 13 0 0
Hamilton 20 0 0

Totals:
1st half of March 1248 26 2.1