Mcnair, Richmond Market Report – February 2024

McNair is a quiet, family-friendly neighbourhood in southeast Richmond, BC, featuring primarily detached single-family homes and townhouses on low-traffic residential streets. The community sits close to Highway 91 and the South Arm of the Fraser River, providing access to Delta, Surrey, and the Alex Fraser Bridge. McNair Secondary School and several elementary schools serve the neighbourhood's strong family demographic. The area offers a more affordable entry point into Richmond real estate compared to the high-demand west and central neighbourhoods, while still benefiting from Richmond's excellent transit network, schools, and community services. McNair's stable, suburban character and solid housing stock make it a consistent choice for families seeking value in Richmond.

← January 2024 Next month →
5
Units Sold
$2,445,000
Avg Sold Price
47d
Avg Days on Market
Buyer's Market
Market Condition
156 active at start of month 5 new listings Absorption rate: 3.2% Highest sold: $2,950,000 Lowest sold: $1,670,000

How Does February 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2024 (this report) 5 $2,445,000 47d
January 2024 month prior 2 +150% $2,787,500 -12.3% 61d -23%
February 2023 year ago 4 +25% $1,799,500 +35.9%

3-Year Price Trend — Mcnair, Richmond

The Mcnair, Richmond real estate market was a Buyer's Market in February 2024, with 156 active listings at the start of the month, 5 properties sold, an average sold price of $2,445,000, properties averaging 47 days on market, an absorption rate of 3.2%. 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 Mcnair, Richmond specialist
Get your home value ›

Frequently Asked Questions — Mcnair, Richmond February 2024

In February 2024, the Mcnair, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 3.2%. 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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →