West Cambie, Richmond Condo Market Report – August 2020

West Cambie is an active condo 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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36
Units Sold
$646,041
Avg Sold Price
29d
Avg Days on Market
Balanced Market
Market Condition
191 active at start of month 63 new listings Absorption rate: 18.8% Highest sold: $1,069,900 Lowest sold: $489,900

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 36 $646,041 29d
July 2020 month prior 44 -18.2% $673,970 -4.1% 26d +11.5%

3-Year Price Trend — West Cambie, Richmond Condo

The West Cambie, Richmond condo real estate market was a Balanced Market in August 2020, with 191 active listings at the start of the month, 36 properties sold, an average sold price of $646,041, properties averaging 29 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 West Cambie, Richmond specialist
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Frequently Asked Questions — West Cambie, Richmond August 2020

In August 2020, the West Cambie, Richmond condo real estate market is classified as a Balanced Market with an absorption rate of 18.8%. The market in West Cambie, 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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