Garden City, Richmond Townhouse Market Report – June 2023

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

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3
Units Sold
$1,364,333
Avg Sold Price
16d
Avg Days on Market
Buyer's Market
Market Condition
29 active at start of month 1 new listings Absorption rate: 10.3% Highest sold: $1,370,000 Lowest sold: $1,360,000

How Does June 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
June 2023 (this report) 3 $1,364,333 16d
May 2023 month prior 2 +50% $1,549,000 -11.9% 7d +128.6%

3-Year Price Trend — Garden City, Richmond Townhouse

The Garden City, Richmond townhouse real estate market was a Buyer's Market in June 2023, with 29 active listings at the start of the month, 3 properties sold, an average sold price of $1,364,333, properties averaging 16 days on market, an absorption rate of 10.3%. 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 Garden City, Richmond specialist
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Frequently Asked Questions — Garden City, Richmond June 2023

In June 2023, the Garden City, Richmond townhouse real estate market is classified as a Buyer's Market with an absorption rate of 10.3%. 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.

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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