Saunders, Richmond Townhouse Market Report – August 2021

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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4
Units Sold
$942,750
Avg Sold Price
22d
Avg Days on Market
Balanced Market
Market Condition
29 active at start of month 3 new listings Absorption rate: 13.8% Highest sold: $1,055,000 Lowest sold: $736,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 4 $942,750 22d
July 2021 month prior 2 +100% $976,000 -3.4% 8d +175%
August 2020 year ago 3 +33.3% $710,100 +32.8%

3-Year Price Trend — Saunders, Richmond Townhouse

The Saunders, Richmond townhouse real estate market was a Balanced Market in August 2021, with 29 active listings at the start of the month, 4 properties sold, an average sold price of $942,750, properties averaging 22 days on market, an absorption rate of 13.8%. 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 Saunders, Richmond specialist
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Frequently Asked Questions — Saunders, Richmond August 2021

In August 2021, the Saunders, Richmond townhouse real estate market is classified as a Balanced Market with an absorption rate of 13.8%. The market in Saunders, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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