Mclennan, Richmond Market Report – August 2020

McLennan, also known as the Garden City area, is one of Richmond's most established and family-oriented residential neighbourhoods, located in the central part of the city between Garden City Road and No. 4 Road. The neighbourhood features a predominance of detached single-family homes and townhouses on spacious lots, many with well-maintained gardens reflecting the community's peaceful suburban character. McLennan residents benefit from proximity to Richmond's excellent school network, including Hugh Boyd Secondary, and several community centres and parks including the Aberdeen Community Centre. The No. 3 Road Canada Line corridor and Bridgeport are readily accessible by bus, while Highway 99 provides efficient connections to Vancouver, Delta, and the US border. McLennan's combination of residential space, good schools, and central Richmond location makes it a perennial favourite for families seeking quality suburban living in the Metro Vancouver market.

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3
Units Sold
$2,938,333
Avg Sold Price
46d
Avg Days on Market
Balanced Market
Market Condition
18 active at start of month 8 new listings Absorption rate: 16.7% Highest sold: $4,090,000 Lowest sold: $1,625,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 3 $2,938,333 46d

3-Year Price Trend — Mclennan, Richmond

The Mclennan, Richmond real estate market was a Balanced Market in August 2020, with 18 active listings at the start of the month, 3 properties sold, an average sold price of $2,938,333, properties averaging 46 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 Mclennan, Richmond specialist
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Frequently Asked Questions — Mclennan, Richmond August 2020

In August 2020, the Mclennan, Richmond real estate market is classified as a Balanced Market with an absorption rate of 16.7%. The market in Mclennan, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   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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