Brighouse South, Richmond Market Report – August 2020

Brighouse South is a centrally located residential neighbourhood in the heart of Richmond, BC, sitting adjacent to the Richmond City Centre and Brighouse Canada Line station. The area features a mix of older low-rise condos, newer high-rise towers, and some remaining detached homes on residential streets within walking distance of Richmond's main commercial and civic core. Its exceptional transit access — with the Canada Line providing a 25-minute connection to downtown Vancouver — makes Brighouse South a favourite among commuters, investors, and younger buyers. The Richmond Centre mall, City Hall, and a wide range of restaurants and services are all within easy walking distance. Brighouse South offers one of Richmond's most convenient urban living experiences.

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31
Units Sold
$568,512
Avg Sold Price
45d
Avg Days on Market
Seller's Market
Market Condition
128 active at start of month 60 new listings Absorption rate: 24.2% Highest sold: $1,006,680 Lowest sold: $366,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 31 $568,512 45d
July 2020 month prior 34 -8.8% $529,450 +7.4% 34d +32.4%

3-Year Price Trend — Brighouse South, Richmond

The Brighouse South, Richmond real estate market was a Seller's Market in August 2020, with 128 active listings at the start of the month, 31 properties sold, an average sold price of $568,512, properties averaging 45 days on market, an absorption rate of 24.2%. 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 Brighouse South, Richmond specialist
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Frequently Asked Questions — Brighouse South, Richmond August 2020

In August 2020, the Brighouse South, Richmond real estate market is classified as a Seller's Market with an absorption rate of 24.2%. It is currently a seller's market in Brighouse South, Richmond. While demand is elevated, qualified buyers can still find opportunities. 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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