West Cambie, Richmond Condo Market Report – February 2024

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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30
Units Sold
$812,143
Avg Sold Price
30d
Avg Days on Market
Buyer's Market
Market Condition
1,340 active at start of month 56 new listings Absorption rate: 2.2% Highest sold: $1,218,000 Lowest sold: $495,000

How Does February 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2024 (this report) 30 $812,143 30d
January 2024 month prior 22 +36.4% $858,268 -5.4% 50d -40%
February 2023 year ago 18 +66.7% $757,572 +7.2%

3-Year Price Trend — West Cambie, Richmond Condo

The West Cambie, Richmond condo real estate market was a Buyer's Market in February 2024, with 1,340 active listings at the start of the month, 30 properties sold, an average sold price of $812,143, properties averaging 30 days on market, an absorption rate of 2.2%. 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 February 2024

In February 2024, the West Cambie, Richmond condo real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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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