Boyd Park, Richmond Condo Market Report – August 2023

Boyd Park is a small but charming residential neighbourhood in west Richmond, BC, situated between Richmond Nature Park and the Fraser River agricultural belt. The community features primarily detached single-family homes with large yards in a quiet, semi-rural setting that is increasingly rare within Metro Vancouver's urban core. Richmond Nature Park borders the neighbourhood to the east, offering exceptional access to boardwalk trails through bog habitat. No. 5 Road connects Boyd Park to the broader Richmond road network, while Highway 99 provides access to Vancouver and the US border. The neighbourhood appeals to buyers who value space, greenery, and a lower-density lifestyle within the boundaries of one of BC's most desirable cities.

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6
Units Sold
$558,917
Avg Sold Price
29d
Avg Days on Market
Balanced Market
Market Condition
42 active at start of month 4 new listings Absorption rate: 14.3% Highest sold: $627,500 Lowest sold: $470,000

How Does August 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2023 (this report) 6 $558,917 29d
July 2023 month prior 3 +100% $521,667 +7.1% 10d +190%
August 2022 year ago 1 +500% $560,000 -0.2%

3-Year Price Trend — Boyd Park, Richmond Condo

The Boyd Park, Richmond condo real estate market was a Balanced Market in August 2023, with 42 active listings at the start of the month, 6 properties sold, an average sold price of $558,917, properties averaging 29 days on market, an absorption rate of 14.3%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Boyd Park, Richmond specialist
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Frequently Asked Questions — Boyd Park, Richmond August 2023

In August 2023, the Boyd Park, Richmond condo real estate market is classified as a Balanced Market with an absorption rate of 14.3%. The market in Boyd Park, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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