South Arm, Richmond Townhouse Market Report – April 2022

Q: How many homes sold in South Arm, Richmond in April 2022?

3 townhouse properties sold in South Arm, Richmond during April 2022 based on MLS® records. There were 14 active listings at the start of the month. A total of 4 new listings came to market during the month.

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

The average townhouse sold price in South Arm, Richmond in April 2022 was $1,008,167. Sold prices ranged from $730,500 to $1,549,000. Data is sourced from MLS® board records.

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

In April 2022, townhouse properties in South Arm, Richmond averaged 3 days on the market before selling. With an absorption rate of 21.4%, the market is currently a Seller's 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 townhouse sold price in South Arm, Richmond in April 2022 was $1,008,167, up 35% year-over-year compared to April 2021 ($747,000). Sales volume was up 50% compared to the same month last year. Data is sourced from MLS® sold records.

South Arm is an active townhouse 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.

← March 2022 Next month →

Units Sold

$1,008,167

Avg Sold Price

Avg Days on Market

Seller's Market

Market Condition

14 active at start of month 4 new listings Absorption rate: 21.4% Highest sold: $1,549,000 Lowest sold: $730,500

How Does April 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
April 2022 (this report)	3	$1,008,167	3d
March 2022 month prior	3 +0%	$1,505,667 -33%	21d -85.7%
April 2021 year ago	2 +50%	$747,000 +35%	—

3-Year Price Trend — South Arm, Richmond Townhouse

The South Arm, Richmond townhouse real estate market was a Seller's Market in April 2022, with 14 active listings at the start of the month, 3 properties sold, an average sold price of $1,008,167, properties averaging 3 days on market, an absorption rate of 21.4%. All data is sourced from MLS® sold records.

Recently Sold in South Arm, Richmond

10771 Mortfield Road

Sold $855,000

3 bd • 3 ba • Townhouse

10902 Ryan Road

Sold $795,000

3 bd • 2 ba • Townhouse

8171 Steveston Highway

Sold $1,045,000

3 bd • 3 ba • Townhouse

8311 Steveston Highway

Sold $831,800

4 bd • 3 ba • Townhouse

10900 No. 3 Road

Sold $795,000

4 bd • 2 ba • Townhouse

9320 Ryan Crescent

Sold $864,800

3 bd • 2 ba • Townhouse

Active Listings in South Arm, Richmond

9633 Steveston Highway

$1,449,000

4 bd • 4 ba • Townhouse

9680 Williams Road

$1,239,800

3 bd • 3 ba • Townhouse

9633 Steveston Highway

$890,000

3 bd • 3 ba • Townhouse

10771 Mortfield Road

$798,000

3 bd • 3 ba • Townhouse

8491 Ryan Road

$728,800

3 bd • 3 ba • Townhouse

10780 Ryan Road

$780,000

3 bd • 2 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 Townhouse Archive → Live Market Stats → Richmond Reports → All BC Reports →

Frequently Asked Questions — South Arm, Richmond April 2022

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

In April 2022, the South Arm, Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 21.4%. It is currently a seller's market in South Arm, Richmond. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in South Arm, Richmond in April 2022? +

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.