Broadmoor, Richmond Market Report – February 2022

Q: How many homes sold in Broadmoor, Richmond in February 2022?

11 properties sold in Broadmoor, Richmond during February 2022 based on MLS® records. There were 206 active listings at the start of the month. A total of 28 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 February 2022 was $2,243,545. Sold prices ranged from $980,000 to $3,250,000. Data is sourced from MLS® board records.

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

In February 2022, properties in Broadmoor, Richmond averaged 21 days on the market before selling. With an absorption rate of 5.3%, 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 February 2022 was $2,243,545, up 2.8% year-over-year compared to February 2021 ($2,181,980). Sales volume was down 21.4% 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.

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Units Sold

$2,243,545

Avg Sold Price

21d

Avg Days on Market

Buyer's Market

Market Condition

206 active at start of month 28 new listings Absorption rate: 5.3% Highest sold: $3,250,000 Lowest sold: $980,000

How Does February 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
February 2022 (this report)	11	$2,243,545	21d
January 2022 month prior	11 +0%	$2,121,549 +5.8%	121d -82.6%
February 2021 year ago	14 -21.4%	$2,181,980 +2.8%	—

3-Year Price Trend — Broadmoor, Richmond

The Broadmoor, Richmond real estate market was a Buyer's Market in February 2022, with 206 active listings at the start of the month, 11 properties sold, an average sold price of $2,243,545, properties averaging 21 days on market, an absorption rate of 5.3%. 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

7600 Blundell Road

$1,399,000

3 bd • 3 ba • Townhouse

8631 No. 3 Road

$899,000

3 bd • 3 ba • Townhouse

7171 Steveston Highway

$1,198,000

3 bd • 3 ba • Townhouse

10020 Dunoon Drive

$868,000

2 bd • 2 ba • Apartment

10020 Dunoon Drive

$588,800

1 bd • 1 ba • Apartment

10020 Dunoon Drive

$498,000

1 bd • 1 ba • Apartment

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 February 2022

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

In February 2022, the Broadmoor, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 5.3%. 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 February 2022? +

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.