Steveston Village, Richmond House Market Report – February 2022

Steveston Village is Richmond's most charming and historically significant neighbourhood, a picturesque fishing village on the southwestern tip of Lulu Island that has evolved into one of Metro Vancouver's most beloved lifestyle destinations. The village's boardwalk, working fishing docks, heritage cannery museum, independent restaurants, boutique shops, and seasonal farmers market draw residents and visitors alike year-round. Real estate in Steveston ranges from heritage character homes and bungalows to newer townhouses and low-rise condos, with waterfront and ocean-view properties commanding significant premiums. The neighbourhood is served by bus routes connecting to the Richmond-Brighouse Canada Line station. Garry Point Park and the Dyke Trail offer stunning outdoor recreational access along the shoreline. Steveston Village consistently appeals to families, downsizers, and lifestyle buyers who want the unique combination of small-town village charm, waterfront access, and Metro Vancouver convenience.

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3
Units Sold
$2,068,667
Avg Sold Price
34d
Avg Days on Market
Balanced Market
Market Condition
16 active at start of month 3 new listings Absorption rate: 18.8% Highest sold: $2,425,000 Lowest sold: $1,851,000

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 3 $2,068,667 34d
January 2022 month prior 3 +0% $2,121,667 -2.5% 31d +9.7%
February 2021 year ago 4 -25% $1,707,000 +21.2%

3-Year Price Trend — Steveston Village, Richmond House

The Steveston Village, Richmond house real estate market was a Balanced Market in February 2022, with 16 active listings at the start of the month, 3 properties sold, an average sold price of $2,068,667, properties averaging 34 days on market, an absorption rate of 18.8%. 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 Village, Richmond specialist
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Frequently Asked Questions — Steveston Village, Richmond February 2022

In February 2022, the Steveston Village, Richmond house real estate market is classified as a Balanced Market with an absorption rate of 18.8%. The market in Steveston Village, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. 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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