Steveston South, Richmond House Market Report – June 2022

In June 2022, the Steveston South, Richmond house real estate market is classified as a Buyer's Market with an absorption rate of 9.1%. 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.

5 house properties sold in Steveston South, Richmond during June 2022 based on MLS® records. There were 55 active listings at the start of the month. A total of 5 new listings came to market during the month.

The average house sold price in Steveston South, Richmond in June 2022 was $2,178,600. Sold prices ranged from $1,388,000 to $2,500,000. Data is sourced from MLS® board records.

In June 2022, house properties in Steveston South, Richmond averaged 13 days on the market before selling. With an absorption rate of 9.1%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Steveston South, Richmond in June 2022 was $2,178,600, up 23.9% year-over-year compared to June 2021 ($1,757,798). Sales volume was down 37.5% compared to the same month last year. Data is sourced from MLS® sold records.