Broadmoor, Richmond Market Report – August 2021

Q: How many homes sold in Broadmoor, Richmond in August 2021?

10 properties sold in Broadmoor, Richmond during August 2021 based on MLS® records. There were 184 active listings at the start of the month. A total of 15 new listings came to market during the month.

Q: What is the average home price in Broadmoor, Richmond?

The average sold price in Broadmoor, Richmond in August 2021 was $1,510,989. Sold prices ranged from $495,000 to $2,928,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Broadmoor, Richmond?

In August 2021, properties in Broadmoor, Richmond averaged 58 days on the market before selling. With an absorption rate of 5.4%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Broadmoor, Richmond market changed compared to last year?

The average sold price in Broadmoor, Richmond in August 2021 was $1,510,989, down 7.9% year-over-year compared to August 2020 ($1,640,545). Sales volume was down 9.1% compared to the same month last year. Data is sourced from MLS® sold records.

Broadmoor is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Broadmoor based on MLS® data.

← July 2021 Next month →

Units Sold

$1,510,989

Avg Sold Price

58d

Avg Days on Market

Buyer's Market

Market Condition

184 active at start of month 15 new listings Absorption rate: 5.4% Highest sold: $2,928,000 Lowest sold: $495,000

How Does August 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2021 (this report)	10	$1,510,989	58d
July 2021 month prior	5 +100%	$1,708,210 -11.5%	48d +20.8%
August 2020 year ago	11 -9.1%	$1,640,545 -7.9%	—

3-Year Price Trend — Broadmoor, Richmond

The Broadmoor, Richmond real estate market was a Buyer's Market in August 2021, with 184 active listings at the start of the month, 10 properties sold, an average sold price of $1,510,989, properties averaging 58 days on market, an absorption rate of 5.4%. All data is sourced from MLS® sold records.

Recently Sold in Broadmoor, Richmond

9399 Mccutcheon Place

3 bd • 3 ba • Townhouse

10020 Dunoon Drive

Sold $636,000

2 bd • 2 ba • Apartment

7460 Broadmoor Boulevard

3 bd • 3 ba • Townhouse

9640 Bates Road

Sold $2,890,000

6 bd • 6 ba • House

Active Listings in Broadmoor, Richmond

8631 No. 3 Road

$899,000

3 bd • 3 ba • Townhouse

9820 Gilhurst Crescent

$3,110,000

5 bd • 6 ba • House

7631 Steveston Highway

$498,000

2 bd • 2 ba • Apartment

7531 Sunnybank Avenue

7591 Tweedsmuir Avenue

$2,580,000

7 bd • 5 ba • House

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Broadmoor, Richmond specialist

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Related: Broadmoor, Richmond Archive → Live Market Stats → Richmond Reports → All BC Reports →

Frequently Asked Questions — Broadmoor, Richmond August 2021

Is it a good time to buy in Broadmoor, Richmond? −

In August 2021, the Broadmoor, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 5.4%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Broadmoor, Richmond in August 2021? +

What is the average home price in Broadmoor, Richmond? +

How long are homes sitting on the market in Broadmoor, Richmond? +

How has the Broadmoor, Richmond market changed compared to last year? +

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.