Brighouse South, Richmond Market Report – January 2021

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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29
Units Sold
$593,627
Avg Sold Price
51d
Avg Days on Market
Balanced Market
Market Condition
200 active at start of month 46 new listings Absorption rate: 14.5% Highest sold: $1,128,800 Lowest sold: $360,000

How Does January 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2021 (this report) 29 $593,627 51d
December 2020 month prior 19 +52.6% $574,895 +3.3% 46d +10.9%

3-Year Price Trend — Brighouse South, Richmond

The Brighouse South, Richmond real estate market was a Balanced Market in January 2021, with 200 active listings at the start of the month, 29 properties sold, an average sold price of $593,627, properties averaging 51 days on market, an absorption rate of 14.5%. 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 January 2021

In January 2021, the Brighouse South, Richmond real estate market is classified as a Balanced Market with an absorption rate of 14.5%. The market in Brighouse South, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/05/2026   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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