Steveston North, Richmond Townhouse Market Report – March 2022

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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7
Units Sold
$1,093,543
Avg Sold Price
5d
Avg Days on Market
Strong Seller's Market
Market Condition
24 active at start of month 9 new listings Absorption rate: 29.2% Highest sold: $1,800,000 Lowest sold: $639,800

How Does March 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2022 (this report) 7 $1,093,543 5d
February 2022 month prior 1 +600% $818,000 +33.7% 7d -28.6%
March 2021 year ago 3 +133.3% $1,259,967 -13.2%

3-Year Price Trend — Steveston North, Richmond Townhouse

The Steveston North, Richmond townhouse real estate market was a Strong Seller's Market in March 2022, with 24 active listings at the start of the month, 7 properties sold, an average sold price of $1,093,543, properties averaging 5 days on market, an absorption rate of 29.2%. 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 March 2022

In March 2022, the Steveston North, Richmond townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 29.2%. It is currently a strong seller's market in Steveston North, Richmond, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. 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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