South Arm, Richmond House Market Report – May 2021

South Arm is an active house 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.

← April 2021 Next month →
6
Units Sold
$1,856,500
Avg Sold Price
14d
Avg Days on Market
Balanced Market
Market Condition
38 active at start of month 17 new listings Absorption rate: 15.8% Highest sold: $2,550,000 Lowest sold: $1,600,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 6 $1,856,500 14d
April 2021 month prior 6 +0% $1,646,815 +12.7% 14d +0%

3-Year Price Trend — South Arm, Richmond House

The South Arm, Richmond house real estate market was a Balanced Market in May 2021, with 38 active listings at the start of the month, 6 properties sold, an average sold price of $1,856,500, properties averaging 14 days on market, an absorption rate of 15.8%. All data is sourced from MLS® sold records.

Recently Sold in South Arm, Richmond

9291 Ryan Crescent
Sold $1,070,000
4 bd • 2 ba • House
8271 Rosehill Drive
Sold $1,440,000
4 bd • 2 ba • House
10080 Rosedene Crescent
Sold $1,595,000
4 bd • 3 ba • House
9551 Ryan Crescent
Sold $2,700,000
5 bd • 6 ba • House
8431 Rosebank Crescent
Sold $1,590,000
5 bd • 3 ba • House
9971 Swansea Drive
Sold $1,530,000
4 bd • 3 ba • House

Active Listings in South Arm, Richmond

10780 Mortfield Road
$3,099,000
6 bd • 5 ba • House
9531 Steveston Highway
$1,322,000
3 bd • 1 ba • House
10160 Ruskin Road
$1,699,000
5 bd • 4 ba • House
8280 Rosebank Crescent
$1,698,000
4 bd • 3 ba • House
10051 Leonard Road
$2,848,000
6 bd • 6 ba • House
9791 Berry Road
$1,488,000
3 bd • 2 ba • House
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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Related: South Arm, Richmond House Archive → Live Market Stats → Richmond Reports → All BC Reports →

Frequently Asked Questions — South Arm, Richmond May 2021

In May 2021, the South Arm, Richmond house real estate market is classified as a Balanced Market with an absorption rate of 15.8%. The market in South Arm, 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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