South Arm, Richmond Market Report – August 2021

South Arm is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for South Arm based on MLS® data.

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16
Units Sold
$1,351,875
Avg Sold Price
44d
Avg Days on Market
Balanced Market
Market Condition
116 active at start of month 24 new listings Absorption rate: 13.8% Highest sold: $3,150,000 Lowest sold: $168,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 16 $1,351,875 44d
July 2021 month prior 11 +45.5% $786,091 +72% 17d +158.8%
August 2020 year ago 5 +220% $1,287,438 +5%

3-Year Price Trend — South Arm, Richmond

The South Arm, Richmond real estate market was a Balanced Market in August 2021, with 116 active listings at the start of the month, 16 properties sold, an average sold price of $1,351,875, properties averaging 44 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 South Arm, Richmond specialist
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Frequently Asked Questions — South Arm, 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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