Richmond Condo Market Report – September 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.

← August 2020 Next month →
179
Units Sold
$579,478
Avg Sold Price
35d
Avg Days on Market
Balanced Market
Market Condition
1,053 active at start of month 326 new listings Absorption rate: 17% Highest sold: $1,530,000 Lowest sold: $273,000

How Does September 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2020 (this report) 179 $579,478 35d
August 2020 month prior 175 +2.3% $578,116 +0.2% 38d -7.9%

3-Year Price Trend — Richmond Condo

The Richmond condo real estate market was a Balanced Market in September 2020, with 1,053 active listings at the start of the month, 179 properties sold, an average sold price of $579,478, properties averaging 35 days on market, an absorption rate of 17%. 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 September 2020

In September 2020, the Richmond condo real estate market is classified as a Balanced Market with an absorption rate of 17%. 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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