Richmond House Market Report – September 2021

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

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102
Units Sold
$1,931,803
Avg Sold Price
40d
Avg Days on Market
Buyer's Market
Market Condition
1,789 active at start of month 179 new listings Absorption rate: 5.7% Highest sold: $5,600,000 Lowest sold: $1,140,000

How Does September 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2021 (this report) 102 $1,931,803 40d
August 2021 month prior 112 -8.9% $2,133,187 -9.4% 54d -25.9%
September 2020 year ago 104 -1.9% $1,729,132 +11.7%

3-Year Price Trend — Richmond House

The Richmond house real estate market was a Buyer's Market in September 2021, with 1,789 active listings at the start of the month, 102 properties sold, an average sold price of $1,931,803, properties averaging 40 days on market, an absorption rate of 5.7%. 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 Richmond specialist
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Frequently Asked Questions — Richmond September 2021

In September 2021, the Richmond house real estate market is classified as a Buyer's Market with an absorption rate of 5.7%. 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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