Hamilton RI, Richmond House Market Report – May 2021

Hamilton is a developing neighbourhood in the far east end of Richmond, BC, adjacent to the Alex Fraser Bridge and the South Arm of the Fraser River. The area has seen significant new residential construction in recent years, including townhouses, duplexes, and single-family homes designed to appeal to younger families and first-time buyers priced out of central Richmond. Hamilton's location near the Alex Fraser Bridge provides efficient access to Delta, Surrey, Langley, and Highway 99, making it attractive for commuters. The neighbourhood is still growing its commercial and community amenity base, with parks, schools, and retail expanding alongside the new residential developments. Hamilton offers newer construction and relatively accessible entry points into the Richmond real estate market.

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6
Units Sold
$1,377,333
Avg Sold Price
14d
Avg Days on Market
Strong Seller's Market
Market Condition
23 active at start of month 8 new listings Absorption rate: 26.1% Highest sold: $2,050,000 Lowest sold: $1,050,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 6 $1,377,333 14d
April 2021 month prior 3 +100% $1,382,000 -0.3% 11d +27.3%
May 2020 year ago 2 +200% $1,000,000 +37.7%

3-Year Price Trend — Hamilton RI, Richmond House

The Hamilton RI, Richmond house real estate market was a Strong Seller's Market in May 2021, with 23 active listings at the start of the month, 6 properties sold, an average sold price of $1,377,333, properties averaging 14 days on market, an absorption rate of 26.1%. 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 Hamilton RI, Richmond specialist
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Frequently Asked Questions — Hamilton RI, Richmond May 2021

In May 2021, the Hamilton RI, Richmond house real estate market is classified as a Strong Seller's Market with an absorption rate of 26.1%. It is currently a strong seller's market in Hamilton RI, Richmond, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. 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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