Richmond Condos for Sale Under $1M
There are currently 846 condos for sale in Richmond priced Under $1M. The median asking price is $638,400, averaging $771/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
All
With Suite
With Basement
New Construction
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed
Under $500K
Under $800K
Under $1M
$1M–$2M
Over $2M
$2M–$3M
Luxury ($3M+)
↓ Buyer's Market
846
Active Listings
73
Sold (30 days)
8.6%
Sales Ratio
Buyer's Market
$638K
Median List Price
$771
Avg $/sqft
37
Avg Days on Market
The condos priced under $1m market in Richmond is currently a Buyer's Market with a 8.6% sales ratio — 73 homes sold against 846 active listings in the past 30 days. The median asking price is $638,400 ($771/sqft). Properties are selling slowly, averaging 37 days on the market.
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Richmond Condos With Suite Richmond Condos With Basement Richmond Condos New Construction 1 Bed Condos in Richmond 2 Bed Condos in Richmond 3 Bed Condos in Richmond 4 Bed Condos in Richmond 5 Bed Condos in RichmondMarket Activity by Price Range — Richmond
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K | 29 | 2 | 7% | |
| $300K–$400K Most Active | 48 | 6 | 13% | |
| $400K–$500K | 124 | 15 | 12% | |
| $500K–$600K | 178 | 14 | 8% | |
| $600K–$700K | 174 | 17 | 10% | |
| $700K–$800K | 148 | 10 | 7% | |
| $800K–$900K | 81 | 6 | 7% | |
| $900K–$1M | 64 | 3 | 5% |
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 | 412 | 27 | 7% |
| West Cambie | 145 | 18 | 12% |
| Brighouse South | 105 | 6 | 6% |
| McLennan North | 33 | 3 | 9% |
| Steveston South | 32 | 4 | 13% |
| Hamilton RI | 20 | 3 | 15% |
| Granville | 17 | 0 | 0% |
| South Arm | 17 | 3 | 18% |
| Riverdale RI | 12 | 1 | 8% |
| Ironwood | 12 | 5 | 42% |
| Boyd Park | 11 | 2 | 18% |
| Bridgeport RI | 11 | 0 | 0% |
| Broadmoor | 7 | 1 | 14% |
| East Richmond | 3 | 0 | 0% |
| Saunders | 2 | 0 | 0% |
| Steveston North | 2 | 0 | 0% |
| Quilchena RI | 1 | 0 | 0% |
| Brentwood Park | 1 | 0 | 0% |
| East Cambie | 1 | 0 | 0% |
| Garden City | 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 846 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 8.6% 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 $638,400. The average price per sqft is $771. 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 37 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 846 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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