East Richmond, Richmond Condo Market Report – February 2021

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

3
Units Sold
$592,300
Avg Sold Price
24d
Avg Days on Market
Seller's Market
Market Condition
12 active at start of month 2 new listings Absorption rate: 25% Highest sold: $765,000 Lowest sold: $442,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 3 $592,300 24d
January 2021 month prior 1 +200% $952,700 -37.8% 3d +700%

3-Year Price Trend — East Richmond, Richmond Condo

The East Richmond, Richmond condo real estate market was a Seller's Market in February 2021, with 12 active listings at the start of the month, 3 properties sold, an average sold price of $592,300, properties averaging 24 days on market, an absorption rate of 25%. 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 East Richmond, Richmond specialist
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Frequently Asked Questions — East Richmond, Richmond February 2021

In February 2021, the East Richmond, Richmond condo real estate market is classified as a Seller's Market with an absorption rate of 25%. It is currently a seller's market in East Richmond, Richmond. While demand is elevated, qualified buyers can still find opportunities. 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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