South Arm, Richmond Townhouse Market Report – November 2021

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.

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6
Units Sold
$1,147,500
Avg Sold Price
73d
Avg Days on Market
Seller's Market
Market Condition
15 active at start of month 4 new listings Absorption rate: 40% Highest sold: $1,499,000 Lowest sold: $690,000

How Does November 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2021 (this report) 6 $1,147,500 73d
October 2021 month prior 9 -33.3% $1,016,978 +12.8% 16d +356.3%

3-Year Price Trend — South Arm, Richmond Townhouse

The South Arm, Richmond townhouse real estate market was a Seller's Market in November 2021, with 15 active listings at the start of the month, 6 properties sold, an average sold price of $1,147,500, properties averaging 73 days on market, an absorption rate of 40%. 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 November 2021

In November 2021, the South Arm, Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 40%. 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.

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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