Steveston South, Richmond Condo Market Report – July 2021

In July 2021, the Steveston South, Richmond condo real estate market is classified as a Seller's Market with an absorption rate of 20.3%. It is currently a seller's market in Steveston South, Richmond. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

14 condo properties sold in Steveston South, Richmond during July 2021 based on MLS® records. There were 69 active listings at the start of the month. A total of 15 new listings came to market during the month.

The average condo sold price in Steveston South, Richmond in July 2021 was $616,629. Sold prices ranged from $469,900 to $845,000. Data is sourced from MLS® board records.

In July 2021, condo properties in Steveston South, Richmond averaged 36 days on the market before selling. With an absorption rate of 20.3%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Steveston South, Richmond in July 2021 was $616,629, down 1.2% year-over-year compared to July 2020 ($624,120). Sales volume was up 40% compared to the same month last year. Data is sourced from MLS® sold records.