Richmond Condos for Sale Under $1M
There are currently 787 condos for sale in Richmond priced Under $1M. The median asking price is $639,000, averaging $757/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
787
Active Listings
57
Sold (30 days)
7.2%
Sales Ratio
Buyer's Market
$639K
Median Price
$757
Avg $/sqft
46
Avg Days
Market summary
The condos priced under $1m market in Richmond is currently a Buyer's Market with a 7.2% sales ratio — 57 homes sold against 787 active listings in the past 30 days. The median asking price is $639,000 ($757/sqft). Properties are selling slowly, averaging 46 days on the market.
For Sale
50 listings
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 31 | 3 | 10% | |
| $300K–$400K | 50 | 3 | 6% | |
| $400K–$500K | 125 | 10 | 8% | |
| $500K–$600K Most Active | 149 | 15 | 10% | |
| $600K–$700K | 161 | 10 | 6% | |
| $700K–$800K | 120 | 9 | 8% | |
| $800K–$900K | 90 | 3 | 3% | |
| $900K–$1M | 61 | 4 | 7% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Richmond
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Brighouse | 373 | 26 | 7% |
| West Cambie | 135 | 12 | 9% |
| Brighouse South | 85 | 5 | 6% |
| Steveston South | 32 | 3 | 9% |
| McLennan North | 28 | 5 | 18% |
| South Arm | 20 | 0 | 0% |
| Hamilton RI | 20 | 1 | 5% |
| Boyd Park | 18 | 1 | 6% |
| Riverdale RI | 16 | 0 | 0% |
| Ironwood | 15 | 0 | 0% |
| Granville | 14 | 0 | 0% |
| Bridgeport RI | 10 | 1 | 10% |
| Broadmoor | 7 | 0 | 0% |
| East Richmond | 5 | 0 | 0% |
| Quilchena RI | 2 | 0 | 0% |
| Steveston North | 2 | 1 | 50% |
| Woodwards | 1 | 0 | 0% |
| Saunders | 1 | 1 | 100% |
| East Cambie | 1 | 0 | 0% |
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Market Reports
Frequently Asked Questions — Richmond
How many condos priced under $1m are for sale in Richmond?
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There are currently 787 condos priced under $1m listed for sale in Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in Richmond?
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It is currently a Buyer's Market. With a 7.2% sales ratio, there are more condos available than buyers are purchasing, giving buyers more time and negotiating power. See the full Richmond Condos market report for monthly trends.
What is the median price of condos in Richmond?
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The median asking price for condos in Richmond is $639,000. The average price per sqft is $757. See the full Richmond Condos market report for monthly trends.
How long do condos take to sell in Richmond?
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Condos in Richmond are averaging 46 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $1m in Richmond?
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Yes — there are currently 787 condos priced under $1m available in Richmond. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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