Saunders, Richmond Market Report – December 2022

Saunders is a peaceful residential neighbourhood in central-west Richmond, BC, offering a mix of detached single-family homes and some townhouse developments on quiet suburban streets. The neighbourhood is well-positioned between Steveston Highway and Westminster Highway, giving residents easy access to both the Ironwood commercial district and the nature trails along the West Dyke. Saunders Park and nearby green spaces provide recreational opportunities for families and outdoor enthusiasts. The area is served by several good elementary and secondary schools within Richmond's highly regarded public school system. With solid home values, low traffic, and a stable, family-friendly atmosphere, Saunders is a reliable and comfortable neighbourhood within Richmond's real estate market.

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3
Units Sold
$1,863,333
Avg Sold Price
119d
Avg Days on Market
Buyer's Market
Market Condition
182 active at start of month 2 new listings Absorption rate: 1.6% Highest sold: $2,820,000 Lowest sold: $1,070,000

How Does December 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
December 2022 (this report) 3 $1,863,333 119d
November 2022 month prior 5 -40% $1,612,400 +15.6% 40d +197.5%
December 2021 year ago 2 +50% $2,355,000 -20.9%

3-Year Price Trend — Saunders, Richmond

The Saunders, Richmond real estate market was a Buyer's Market in December 2022, with 182 active listings at the start of the month, 3 properties sold, an average sold price of $1,863,333, properties averaging 119 days on market, an absorption rate of 1.6%. 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 Saunders, Richmond specialist
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Frequently Asked Questions — Saunders, Richmond Market

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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