Brighouse, Richmond Market Report – February 2022

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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104
Units Sold
$770,426
Avg Sold Price
23d
Avg Days on Market
Buyer's Market
Market Condition
1,178 active at start of month 138 new listings Absorption rate: 8.8% Highest sold: $3,330,000 Lowest sold: $335,000

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 104 $770,426 23d
January 2022 month prior 89 +16.9% $730,414 +5.5% 35d -34.3%
February 2021 year ago 99 +5.1% $644,017 +19.6%

3-Year Price Trend — Brighouse, Richmond

The Brighouse, Richmond real estate market was a Buyer's Market in February 2022, with 1,178 active listings at the start of the month, 104 properties sold, an average sold price of $770,426, properties averaging 23 days on market, an absorption rate of 8.8%. 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 Market

Last Update: 06/04/2026   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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