Richmond Townhouse Market Report – April 2021

Richmond is an active townhouse market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Richmond based on MLS® data.

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141
Units Sold
$943,958
Avg Sold Price
18d
Avg Days on Market
Seller's Market
Market Condition
610 active at start of month 202 new listings Absorption rate: 23.1% Highest sold: $1,581,000 Lowest sold: $415,000

How Does April 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2021 (this report) 141 $943,958 18d
March 2021 month prior 184 -23.4% $953,676 -1% 25d -28%
April 2020 year ago 3 +4600% $682,433 +38.3%

3-Year Price Trend — Richmond Townhouse

The Richmond townhouse real estate market was a Seller's Market in April 2021, with 610 active listings at the start of the month, 141 properties sold, an average sold price of $943,958, properties averaging 18 days on market, an absorption rate of 23.1%. 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 Richmond specialist
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Frequently Asked Questions — Richmond April 2021

In April 2021, the Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 23.1%. It is currently a seller's market in 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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