Richmond Townhouse Market Report – February 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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138
Units Sold
$893,686
Avg Sold Price
30d
Avg Days on Market
Seller's Market
Market Condition
581 active at start of month 136 new listings Absorption rate: 23.8% Highest sold: $1,518,000 Lowest sold: $426,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 138 $893,686 30d
January 2021 month prior 88 +56.8% $922,589 -3.1% 40d -25%

3-Year Price Trend — Richmond Townhouse

The Richmond townhouse real estate market was a Seller's Market in February 2021, with 581 active listings at the start of the month, 138 properties sold, an average sold price of $893,686, properties averaging 30 days on market, an absorption rate of 23.8%. 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 Richmond specialist
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Frequently Asked Questions — Richmond February 2021

In February 2021, the Richmond townhouse real estate market is classified as a Seller's Market with an absorption rate of 23.8%. 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: 06/05/2026   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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