Mclennan North, Richmond Market Report – August 2021

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

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27
Units Sold
$829,011
Avg Sold Price
35d
Avg Days on Market
Buyer's Market
Market Condition
236 active at start of month 30 new listings Absorption rate: 11.4% Highest sold: $1,239,900 Lowest sold: $490,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 27 $829,011 35d
July 2021 month prior 28 -3.6% $1,018,616 -18.6% 16d +118.8%
August 2020 year ago 33 -18.2% $980,115 -15.4%

3-Year Price Trend — Mclennan North, Richmond

The Mclennan North, Richmond real estate market was a Buyer's Market in August 2021, with 236 active listings at the start of the month, 27 properties sold, an average sold price of $829,011, properties averaging 35 days on market, an absorption rate of 11.4%. 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 Mclennan North, Richmond specialist
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Frequently Asked Questions — Mclennan North, Richmond August 2021

In August 2021, the Mclennan North, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 11.4%. 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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