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.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| May 2021 (this report) | 5 | $987,000 | 37d |
| April 2021 month prior | 4 +25% | $942,000 +4.8% | 8d +362.5% |
| May 2020 year ago | 1 +400% | $622,800 +58.5% | — |
In May 2021, the Granville, Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 26.3%. It is currently a seller's market in Granville, 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.