Riverdale RI, Richmond Townhouse Market Report – August 2020

Riverdale is a tranquil and well-established residential neighbourhood in east Richmond, BC, bordering the South Arm of the Fraser River and adjacent to Hamilton. The community features primarily detached single-family homes and some townhouses on quiet streets with mature tree canopy. The Fraser River dyke trail along the southern edge of the neighbourhood provides scenic walking and cycling routes with river views. Westminster Highway and No. 6 Road connect Riverdale to the broader Richmond and Delta road networks. The neighbourhood's peaceful character, river access, and solid family-oriented housing stock make it a dependable and comfortable residential choice for buyers seeking established Richmond real estate.

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3
Units Sold
$635,333
Avg Sold Price
64d
Avg Days on Market
Seller's Market
Market Condition
5 active at start of month 3 new listings Absorption rate: 60% Highest sold: $656,000 Lowest sold: $625,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 3 $635,333 64d
July 2020 month prior 1 +200% $835,000 -23.9% 59d +8.5%

3-Year Price Trend — Riverdale RI, Richmond Townhouse

The Riverdale RI, Richmond townhouse real estate market was a Seller's Market in August 2020, with 5 active listings at the start of the month, 3 properties sold, an average sold price of $635,333, properties averaging 64 days on market, an absorption rate of 60%. 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 Riverdale RI, Richmond specialist
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Frequently Asked Questions — Riverdale RI, Richmond August 2020

In August 2020, the Riverdale RI, Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 60%. It is currently a seller's market in Riverdale RI, Richmond. While demand is elevated, qualified buyers can still find opportunities. 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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