Mclennan, Richmond House Market Report – August 2021

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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4
Units Sold
$2,542,500
Avg Sold Price
149d
Avg Days on Market
Buyer's Market
Market Condition
50 active at start of month 2 new listings Absorption rate: 8% Highest sold: $3,170,000 Lowest sold: $2,100,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 4 $2,542,500 149d
August 2020 year ago 3 +33.3% $2,938,333 -13.5%

3-Year Price Trend — Mclennan, Richmond House

The Mclennan, Richmond house real estate market was a Buyer's Market in August 2021, with 50 active listings at the start of the month, 4 properties sold, an average sold price of $2,542,500, properties averaging 149 days on market, an absorption rate of 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, Richmond specialist
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Frequently Asked Questions — Mclennan, Richmond August 2021

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