South Arm, Richmond Market Report – October 2021

Q: How many homes sold in South Arm, Richmond in October 2021?

19 properties sold in South Arm, Richmond during October 2021 based on MLS® records. There were 126 active listings at the start of the month. A total of 18 new listings came to market during the month.

Q: What is the average home price in South Arm, Richmond?

The average sold price in South Arm, Richmond in October 2021 was $1,408,614. Sold prices ranged from $215,000 to $2,850,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in South Arm, Richmond?

In October 2021, properties in South Arm, Richmond averaged 29 days on the market before selling. With an absorption rate of 15.1%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the South Arm, Richmond market changed compared to last year?

The average sold price in South Arm, Richmond in October 2021 was $1,408,614, up 113.3% year-over-year compared to October 2020 ($660,472). Sales volume was up 375% compared to the same month last year. Data is sourced from MLS® sold records.

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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Units Sold

$1,408,614

Avg Sold Price

29d

Avg Days on Market

Balanced Market

Market Condition

126 active at start of month 18 new listings Absorption rate: 15.1% Highest sold: $2,850,000 Lowest sold: $215,000

How Does October 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
October 2021 (this report)	19	$1,408,614	29d
September 2021 month prior	18 +5.6%	$1,021,560 +37.9%	28d +3.6%
October 2020 year ago	4 +375%	$660,472 +113.3%	—

3-Year Price Trend — South Arm, Richmond

The South Arm, Richmond real estate market was a Balanced Market in October 2021, with 126 active listings at the start of the month, 19 properties sold, an average sold price of $1,408,614, properties averaging 29 days on market, an absorption rate of 15.1%. All data is sourced from MLS® sold records.

Recently Sold in South Arm, Richmond

10220 Ryan Road

Sold $465,000

2 bd • 2 ba • Apartment

8520 Rosedene Court

Sold $910,000

4 bd • 2 ba • Townhouse

2 bd • 2 ba • Apartment

10080 Rosedene Crescent

Sold $1,595,000

4 bd • 3 ba • House

Active Listings in South Arm, Richmond

8080 Ryan Road

$250,000

3 bd • 2 ba • Apartment

10780 Mortfield Road

$3,099,000

6 bd • 5 ba • House

9633 Steveston Highway

$1,449,000

4 bd • 4 ba • Townhouse

10220 Ryan Road

$499,500

2 bd • 2 ba • Apartment

9680 Williams Road

$1,239,800

3 bd • 3 ba • Townhouse

9633 Steveston Highway

$890,000

3 bd • 3 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your South Arm, Richmond specialist

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Related: South Arm, Richmond Archive → Live Market Stats → Richmond Reports → All BC Reports →

Frequently Asked Questions — South Arm, Richmond October 2021

Is it a good time to buy in South Arm, Richmond? −

In October 2021, the South Arm, Richmond real estate market is classified as a Balanced Market with an absorption rate of 15.1%. 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.

How many homes sold in South Arm, Richmond in October 2021? +

What is the average home price in South Arm, Richmond? +

How long are homes sitting on the market in South Arm, Richmond? +

How has the South Arm, Richmond market changed compared to last year? +

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.