Lackner, Richmond Market Report – August 2023

Lackner is a quiet, family-oriented residential neighbourhood in west Richmond, BC, known for its spacious detached single-family homes, wide streets, and strong sense of community. The neighbourhood was developed primarily in the 1970s and 1980s and features well-maintained properties with mature landscaping on generous lots. Lackner is bordered by the West Dyke Trail along the Fraser River, giving residents easy access to scenic cycling and walking paths. No. 1 Road and Westminster Highway provide convenient connections to Steveston Village, the Ironwood commercial area, and Highway 99. The neighbourhood's combination of large family homes, green space, and quiet suburban character makes it one of Richmond's most comfortable and sought-after residential communities for families with children.

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3
Units Sold
$1,500,222
Avg Sold Price
46d
Avg Days on Market
Buyer's Market
Market Condition
157 active at start of month 6 new listings Absorption rate: 1.9% Highest sold: $2,080,000 Lowest sold: $954,000

How Does August 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2023 (this report) 3 $1,500,222 46d
July 2023 month prior 2 +50% $2,119,500 -29.2% 39d +17.9%
August 2022 year ago 1 +200% $3,950,000 -62%

3-Year Price Trend — Lackner, Richmond

The Lackner, Richmond real estate market was a Buyer's Market in August 2023, with 157 active listings at the start of the month, 3 properties sold, an average sold price of $1,500,222, properties averaging 46 days on market, an absorption rate of 1.9%. 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 Lackner, Richmond specialist
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Frequently Asked Questions — Lackner, Richmond August 2023

In August 2023, the Lackner, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 1.9%. 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: 06/04/2026   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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