Broadmoor, Richmond Condo Market Report – April 2024

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

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3
Units Sold
$589,000
Avg Sold Price
18d
Avg Days on Market
Balanced Market
Market Condition
25 active at start of month 4 new listings Absorption rate: 12% Highest sold: $690,000 Lowest sold: $535,000

How Does April 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2024 (this report) 3 $589,000 18d
March 2024 month prior 1 +200% $627,000 -6.1% 6d +200%
April 2023 year ago 2 +50% $658,950 -10.6%

3-Year Price Trend — Broadmoor, Richmond Condo

The Broadmoor, Richmond condo real estate market was a Balanced Market in April 2024, with 25 active listings at the start of the month, 3 properties sold, an average sold price of $589,000, properties averaging 18 days on market, an absorption rate of 12%. 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 Broadmoor, Richmond specialist
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Frequently Asked Questions — Broadmoor, Richmond April 2024

In April 2024, the Broadmoor, Richmond condo real estate market is classified as a Balanced Market with an absorption rate of 12%. The market in Broadmoor, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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