West Cambie, Richmond Market Report – April 2023

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

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39
Units Sold
$914,174
Avg Sold Price
31d
Avg Days on Market
Buyer's Market
Market Condition
1,278 active at start of month 75 new listings Absorption rate: 3.1% Highest sold: $2,388,800 Lowest sold: $400,000

How Does April 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2023 (this report) 39 $914,174 31d
March 2023 month prior 43 -9.3% $929,147 -1.6% 40d -22.5%
April 2022 year ago 58 -32.8% $926,864 -1.4%

3-Year Price Trend — West Cambie, Richmond

The West Cambie, Richmond real estate market was a Buyer's Market in April 2023, with 1,278 active listings at the start of the month, 39 properties sold, an average sold price of $914,174, properties averaging 31 days on market, an absorption rate of 3.1%. 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 West Cambie, Richmond specialist
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Frequently Asked Questions — West Cambie, Richmond April 2023

In April 2023, the West Cambie, Richmond real estate market is classified as a Buyer's Market with an absorption rate of 3.1%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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