Steveston South, Richmond Townhouse Market Report – February 2022

Steveston South is an active townhouse 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.

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6
Units Sold
$1,149,333
Avg Sold Price
6d
Avg Days on Market
Seller's Market
Market Condition
25 active at start of month 8 new listings Absorption rate: 24% Highest sold: $1,530,000 Lowest sold: $858,000

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 6 $1,149,333 6d
January 2022 month prior 1 +500% $1,020,000 +12.7% 18d -66.7%
February 2021 year ago 4 +50% $905,972 +26.9%

3-Year Price Trend — Steveston South, Richmond Townhouse

The Steveston South, Richmond townhouse real estate market was a Seller's Market in February 2022, with 25 active listings at the start of the month, 6 properties sold, an average sold price of $1,149,333, properties averaging 6 days on market, an absorption rate of 24%. 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 South, Richmond specialist
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Frequently Asked Questions — Steveston South, Richmond February 2022

In February 2022, the Steveston South, Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 24%. 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.

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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