Hamilton RI, Richmond Townhouse 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
$746,750
Avg Sold Price
9d
Avg Days on Market
Balanced Market
Market Condition
36 active at start of month 6 new listings Absorption rate: 16.7% Highest sold: $860,000 Lowest sold: $625,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 6 $746,750 9d
April 2021 month prior 6 +0% $749,500 -0.4% 13d -30.8%

3-Year Price Trend — Hamilton RI, Richmond Townhouse

The Hamilton RI, Richmond townhouse real estate market was a Balanced Market in May 2021, with 36 active listings at the start of the month, 6 properties sold, an average sold price of $746,750, properties averaging 9 days on market, an absorption rate of 16.7%. 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 townhouse real estate market is classified as a Balanced Market with an absorption rate of 16.7%. The market in Hamilton RI, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. 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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