Steveston South, Richmond Market Report – August 2021

Q: How many homes sold in Steveston South, Richmond in August 2021?

17 properties sold in Steveston South, Richmond during August 2021 based on MLS® records. There were 124 active listings at the start of the month. A total of 21 new listings came to market during the month.

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

The average sold price in Steveston South, Richmond in August 2021 was $757,565. Sold prices ranged from $455,000 to $1,110,000. Data is sourced from MLS® board records.

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

In August 2021, properties in Steveston South, Richmond averaged 21 days on the market before selling. With an absorption rate of 13.7%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

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

The average sold price in Steveston South, Richmond in August 2021 was $757,565, down 26.1% year-over-year compared to August 2020 ($1,025,301). Sales volume was down 5.6% compared to the same month last year. Data is sourced from MLS® sold records.

Steveston South is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Steveston South based on MLS® data.

← July 2021 Next month →

Units Sold

$757,565

Avg Sold Price

21d

Avg Days on Market

Balanced Market

Market Condition

124 active at start of month 21 new listings Absorption rate: 13.7% Highest sold: $1,110,000 Lowest sold: $455,000

How Does August 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2021 (this report)	17	$757,565	21d
July 2021 month prior	23 -26.1%	$862,552 -12.2%	28d -25%
August 2020 year ago	18 -5.6%	$1,025,301 -26.1%	—

3-Year Price Trend — Steveston South, Richmond

The Steveston South, Richmond real estate market was a Balanced Market in August 2021, with 124 active listings at the start of the month, 17 properties sold, an average sold price of $757,565, properties averaging 21 days on market, an absorption rate of 13.7%. All data is sourced from MLS® sold records.

Recently Sold in Steveston South, Richmond

2 bd • 2 ba • Townhouse

3 bd • 2 ba • Townhouse

6168 London Road

Sold $376,500

1 bd • 1 ba • Apartment

4280 Moncton Street

Sold $542,000

1 bd • 1 ba • Apartment

Active Listings in Steveston South, Richmond

2 bd • 2 ba • Apartment

5700 Andrews Road

$648,000

2 bd • 2 ba • Apartment

Prepared by

Hani Faraj

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

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

Frequently Asked Questions — Steveston South, Richmond August 2021

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

In August 2021, the Steveston South, Richmond real estate market is classified as a Balanced Market with an absorption rate of 13.7%. The market in Steveston South, 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 Steveston South, Richmond in August 2021? +

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

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

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

Last Update: 06/09/2026 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.