Broadmoor, Richmond House Market Report – August 2020

Broadmoor is an active house 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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7
Units Sold
$2,082,286
Avg Sold Price
83d
Avg Days on Market
Balanced Market
Market Condition
52 active at start of month 17 new listings Absorption rate: 13.5% Highest sold: $3,138,000 Lowest sold: $1,260,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 7 $2,082,286 83d
July 2020 month prior 5 +40% $2,043,333 +1.9% 27d +207.4%

3-Year Price Trend — Broadmoor, Richmond House

The Broadmoor, Richmond house real estate market was a Balanced Market in August 2020, with 52 active listings at the start of the month, 7 properties sold, an average sold price of $2,082,286, properties averaging 83 days on market, an absorption rate of 13.5%. 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 Broadmoor, Richmond specialist
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Frequently Asked Questions — Broadmoor, Richmond August 2020

In August 2020, the Broadmoor, Richmond house real estate market is classified as a Balanced Market with an absorption rate of 13.5%. 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: 07/16/2026   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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