Richmond Condo Market Report – November 2020

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

← October 2020 Next month →
172
Units Sold
$558,629
Avg Sold Price
38d
Avg Days on Market
Balanced Market
Market Condition
1,339 active at start of month 278 new listings Absorption rate: 12.8% Highest sold: $1,598,000 Lowest sold: $178,000

How Does November 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2020 (this report) 172 $558,629 38d
October 2020 month prior 171 +0.6% $570,755 -2.1% 33d +15.2%

3-Year Price Trend — Richmond Condo

The Richmond condo real estate market was a Balanced Market in November 2020, with 1,339 active listings at the start of the month, 172 properties sold, an average sold price of $558,629, properties averaging 38 days on market, an absorption rate of 12.8%. All data is sourced from MLS® sold records.

Recently Sold in Richmond

9233 Odlin Road
Sold $780,000
2 bd • 2 ba • Apartment
5233 Gilbert Road
Sold $590,000
2 bd • 2 ba • Apartment
6080 Minoru Boulevard
Sold $765,000
2 bd • 2 ba • Apartment
8628 Hazelbridge Way
Sold $526,000
1 bd • 1 ba • Apartment
3331 Brown Road
Sold $748,800
2 bd • 2 ba • Apartment
9151 No. 5 Road
Sold $440,000
2 bd • 2 ba • Apartment

Active Listings in Richmond

7831 Westminster Highway
$558,000
2 bd • 1 ba • Apartment
6320 No. 3 Road
$999,000
3 bd • 2 ba • Apartment
8133 Cook Road
$520,000
2 bd • 1 ba • Apartment
7555 Alderbridge Way
$999,000
3 bd • 3 ba • Apartment
3333 Brown Road
$1,888,000
3 bd • 3 ba • Apartment
8700 Westminster Highway
$349,900
1 bd • 1 ba • Apartment

Top Buildings in Richmond

CF Richmond Centre
2,000 units
RC At CF Richmond Centre
2,000 units
RC At CF Richmond Centre
2,000 units
RC At CF Richmond Centre
2,000 units
RC At CF Richmond Centre
2,000 units
RC At CF Richmond Centre
2,000 units
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Richmond specialist
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Related: Richmond Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Richmond November 2020

In November 2020, the Richmond condo real estate market is classified as a Balanced Market with an absorption rate of 12.8%. The market in 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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