Mclennan North, Richmond Market Report – July 2024

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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10
Units Sold
$958,879
Avg Sold Price
28d
Avg Days on Market
Buyer's Market
Market Condition
570 active at start of month 38 new listings Absorption rate: 1.8% Highest sold: $1,320,000 Lowest sold: $499,900

How Does July 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2024 (this report) 10 $958,879 28d
June 2024 month prior 16 -37.5% $1,062,813 -9.8% 19d +47.4%
July 2023 year ago 21 -52.4% $923,124 +3.9%

3-Year Price Trend — Mclennan North, Richmond

The Mclennan North, Richmond real estate market was a Buyer's Market in July 2024, with 570 active listings at the start of the month, 10 properties sold, an average sold price of $958,879, properties averaging 28 days on market, an absorption rate of 1.8%. 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 July 2024

In July 2024, the Mclennan North, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 1.8%. 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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