Steveston North, Richmond House Market Report – May 2024

Steveston North is a desirable residential neighbourhood in southwest Richmond, BC, offering a pleasant balance between the heritage charm of Steveston Village and the accessibility of central Richmond. The area features a mix of detached single-family homes, townhouses, and some low-rise condos on quiet streets with easy access to Steveston Highway. Residents enjoy proximity to the Gulf of Georgia Cannery, Garry Point Park, and the waterfront dining and boutique shopping of historic Steveston Village. Several good schools and community parks serve the neighbourhood's active family population. Steveston North's combination of neighbourhood character, green space, and proximity to the water makes it one of Richmond's most liveable and consistently popular real estate markets.

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6
Units Sold
$1,924,667
Avg Sold Price
19d
Avg Days on Market
Buyer's Market
Market Condition
254 active at start of month 11 new listings Absorption rate: 2.4% Highest sold: $2,720,000 Lowest sold: $1,300,000

How Does May 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2024 (this report) 6 $1,924,667 19d
April 2024 month prior 7 -14.3% $1,995,000 -3.5% 46d -58.7%
May 2023 year ago 7 -14.3% $1,858,000 +3.6%

3-Year Price Trend — Steveston North, Richmond House

The Steveston North, Richmond house real estate market was a Buyer's Market in May 2024, with 254 active listings at the start of the month, 6 properties sold, an average sold price of $1,924,667, properties averaging 19 days on market, an absorption rate of 2.4%. 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 Steveston North, Richmond specialist
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Frequently Asked Questions — Steveston North, Richmond May 2024

In May 2024, the Steveston North, Richmond house real estate market is classified as a Buyer's Market with an absorption rate of 2.4%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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