Saunders, Richmond Townhouse Market Report – January 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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5
Units Sold
$1,055,800
Avg Sold Price
30d
Avg Days on Market
Balanced Market
Market Condition
33 active at start of month 4 new listings Absorption rate: 15.2% Highest sold: $1,268,000 Lowest sold: $780,000

How Does January 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2022 (this report) 5 $1,055,800 30d
January 2021 year ago 2 +150% $1,144,500 -7.8%

3-Year Price Trend — Saunders, Richmond Townhouse

The Saunders, Richmond townhouse real estate market was a Balanced Market in January 2022, with 33 active listings at the start of the month, 5 properties sold, an average sold price of $1,055,800, properties averaging 30 days on market, an absorption rate of 15.2%. 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 Saunders, Richmond specialist
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Frequently Asked Questions — Saunders, Richmond January 2022

In January 2022, the Saunders, Richmond townhouse real estate market is classified as a Balanced Market with an absorption rate of 15.2%. 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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