Granville, Richmond Market Report – June 2020

Granville is one of Richmond's most prestigious and sought-after residential neighbourhoods, situated in the southeast corner of the city near the Steveston Highway and No. 5 Road interchange. The community is home to some of Richmond's finest luxury single-family homes, including large custom-built estates on spacious lots with high-end finishes and landscaping. Granville appeals strongly to affluent families and move-up buyers who want premium housing within an established, low-density neighbourhood. Several top-rated schools serve the area, and Garry Point Park and the Steveston waterfront are a short drive away. The neighbourhood's combination of prestigious homes, generous lot sizes, and proximity to both nature and urban amenities makes Granville one of Richmond's most coveted addresses.

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9
Units Sold
$1,025,222
Avg Sold Price
93d
Avg Days on Market
Balanced Market
Market Condition
74 active at start of month 23 new listings Absorption rate: 12.2% Highest sold: $1,750,000 Lowest sold: $166,000

How Does June 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
June 2020 (this report) 9 $1,025,222 93d
May 2020 month prior 1 +800% $622,800 +64.6% 74d +25.7%

3-Year Price Trend — Granville, Richmond

The Granville, Richmond real estate market was a Balanced Market in June 2020, with 74 active listings at the start of the month, 9 properties sold, an average sold price of $1,025,222, properties averaging 93 days on market, an absorption rate of 12.2%. 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 Granville, Richmond specialist
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Frequently Asked Questions — Granville, Richmond Market

Last Update: 06/04/2026   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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