Brighouse, Richmond Condo Market Report – March 2021

Brighouse is Richmond's city centre neighbourhood, anchored by City Hall, the Richmond Centre mall, and a growing high-rise condo district built around the Brighouse Canada Line station. As Richmond's most transit-connected and commercially active subarea, Brighouse has experienced intense condo development over the past decade, with towers offering a range of suites from studio units to multi-bedroom residences. The neighbourhood's walkable urban core provides direct access to T&T Supermarket, a diverse array of Asian restaurants, banks, medical offices, and professional services along No. 3 Road — Richmond's main commercial spine. The Canada Line's Brighouse station connects residents to downtown Vancouver in under 25 minutes and YVR in under 10. Brighouse appeals strongly to young professionals, students at Kwantlen Polytechnic University's Richmond campus, and investors drawn to the neighbourhood's high rental demand and urban transit-oriented lifestyle.

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129
Units Sold
$661,058
Avg Sold Price
34d
Avg Days on Market
Seller's Market
Market Condition
601 active at start of month 210 new listings Absorption rate: 21.5% Highest sold: $2,168,000 Lowest sold: $230,000

How Does March 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2021 (this report) 129 $661,058 34d
February 2021 month prior 92 +40.2% $615,497 +7.4% 52d -34.6%

3-Year Price Trend — Brighouse, Richmond Condo

The Brighouse, Richmond condo real estate market was a Seller's Market in March 2021, with 601 active listings at the start of the month, 129 properties sold, an average sold price of $661,058, properties averaging 34 days on market, an absorption rate of 21.5%. 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, Richmond specialist
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Frequently Asked Questions — Brighouse, Richmond March 2021

In March 2021, the Brighouse, Richmond condo real estate market is classified as a Seller's Market with an absorption rate of 21.5%. It is currently a seller's market in Brighouse, Richmond. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 07/17/2026   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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