Richmond Condos for Sale Under $1M
There are currently 769 condos for sale in Richmond priced Under $1M. The median asking price is $648,000, averaging $760/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
769
Active Listings
54
Sold (30 days)
7%
Sales Ratio
Buyer's Market
$648K
Median Price
$760
Avg $/sqft
57
Avg Days
Market summary
The condos priced under $1m market in Richmond is currently a Buyer's Market with a 7% sales ratio — 54 homes sold against 769 active listings in the past 30 days. The median asking price is $648,000 ($760/sqft). Properties are selling slowly, averaging 57 days on the market.
For Sale
39 listings
Recently Sold
11 sold nearby
Also Explore
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 Most Active | 28 | 4 | 14% | |
| $300K–$400K | 49 | 4 | 8% | |
| $400K–$500K | 134 | 7 | 5% | |
| $500K–$600K Most Active | 127 | 18 | 14% | |
| $600K–$700K | 164 | 9 | 5% | |
| $700K–$800K | 121 | 5 | 4% | |
| $800K–$900K | 85 | 5 | 6% | |
| $900K–$1M | 61 | 2 | 3% |
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 | 366 | 28 | 8% |
| West Cambie | 130 | 8 | 6% |
| Brighouse South | 81 | 5 | 6% |
| Steveston South | 34 | 3 | 9% |
| McLennan North | 28 | 2 | 7% |
| Hamilton RI | 20 | 0 | 0% |
| South Arm | 18 | 3 | 17% |
| Riverdale RI | 16 | 0 | 0% |
| Boyd Park | 16 | 1 | 6% |
| Granville | 14 | 0 | 0% |
| Ironwood | 13 | 3 | 23% |
| Bridgeport RI | 10 | 0 | 0% |
| Broadmoor | 8 | 0 | 0% |
| East Richmond | 6 | 0 | 0% |
| Steveston North | 3 | 0 | 0% |
| Quilchena RI | 2 | 0 | 0% |
| Woodwards | 1 | 0 | 0% |
| Saunders | 1 | 0 | 0% |
| East Cambie | 1 | 0 | 0% |
Explore More in Richmond
Market Reports
Frequently Asked Questions — Richmond
How many condos priced under $1m are for sale in Richmond?
▼
There are currently 769 condos priced under $1m listed for sale in Richmond. Listings are updated daily from the MLS® database.
How many condos have sold in Richmond in the past year?
▼
In the past 12 months, 1159 condos have sold in Richmond, averaging about 57 days on market. Full sold prices and sold history are available to registered members — free to sign up. See the full Richmond Condos market report for monthly trends.
Is it a buyer's or seller's market for condos in Richmond?
▼
It is currently a Buyer's Market. With a 7% 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?
▼
The median asking price for condos in Richmond is $648,000. The average price per sqft is $760. See the full Richmond Condos market report for monthly trends.
How long do condos take to sell in Richmond?
▼
Condos in Richmond are averaging 57 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $1m in Richmond?
▼
Yes — there are currently 769 condos priced under $1m available in Richmond. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
Get Expert Help in Richmond
Our team has sold 300+ homes in this area. Get a free home valuation or buyer consultation.
Sign Up Free — See Sold Prices