West Cambie, Richmond Townhouse Market Report – August 2023

West Cambie is an active townhouse 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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8
Units Sold
$1,040,250
Avg Sold Price
14d
Avg Days on Market
Buyer's Market
Market Condition
144 active at start of month 7 new listings Absorption rate: 5.6% Highest sold: $1,245,000 Lowest sold: $839,999

How Does August 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2023 (this report) 8 $1,040,250 14d
July 2023 month prior 6 +33.3% $1,139,815 -8.7% 13d +7.7%
August 2022 year ago 3 +166.7% $1,113,667 -6.6%

3-Year Price Trend — West Cambie, Richmond Townhouse

The West Cambie, Richmond townhouse real estate market was a Buyer's Market in August 2023, with 144 active listings at the start of the month, 8 properties sold, an average sold price of $1,040,250, properties averaging 14 days on market, an absorption rate of 5.6%. 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 2023

In August 2023, the West Cambie, Richmond townhouse real estate market is classified as a Buyer's Market with an absorption rate of 5.6%. 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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