Steveston South, Richmond Townhouse Market Report – July 2021

In July 2021, the Steveston South, Richmond townhouse real estate market is classified as a Balanced Market with an absorption rate of 19.2%. 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.

5 townhouse properties sold in Steveston South, Richmond during July 2021 based on MLS® records. There were 26 active listings at the start of the month. A total of 5 new listings came to market during the month.

The average townhouse sold price in Steveston South, Richmond in July 2021 was $996,180. Sold prices ranged from $796,000 to $1,245,000. Data is sourced from MLS® board records.

In July 2021, townhouse properties in Steveston South, Richmond averaged 17 days on the market before selling. With an absorption rate of 19.2%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Steveston South, Richmond in July 2021 was $996,180, up 10.9% year-over-year compared to July 2020 ($898,200). Sales volume was down 0% compared to the same month last year. Data is sourced from MLS® sold records.