South Arm, Richmond Condos for Sale Under $1M

There are currently 17 condos for sale in South Arm, Richmond priced Under $1M. The median asking price is $256,500, averaging $280/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.

↔ Balanced Market
17
Active Listings
3
Sold (30 days)
17.6%
Sales Ratio
Balanced Market
$257K
Median List Price
$280
Avg $/sqft
41
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The condos priced under $1m market in South Arm, Richmond is currently a Balanced Market with a 17.6% sales ratio — 3 homes sold against 17 active listings in the past 30 days. The median asking price is $256,500 ($280/sqft). Properties are selling slowly, averaging 41 days on the market.

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Market Activity by Price Range — South Arm, Richmond

Price Range Active Sold (30d) Sales Ratio
Under $300K 14 1 7%
$300K–$400K 1 0 0%
$400K–$500K Most Active 2 2 100%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

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Frequently Asked Questions — South Arm, Richmond

How many condos priced under $1m are for sale in South Arm, Richmond?
There are currently 17 condos priced under $1m listed for sale in South Arm, Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in South Arm, Richmond?
It is currently a Balanced Market. With a 17.6% sales ratio, supply and demand are roughly balanced — both buyers and sellers have reasonable negotiating positions. See the full Richmond Condos market report for monthly trends.
What is the median price of condos in South Arm, Richmond?
The median asking price for condos in South Arm, Richmond is $256,500. The average price per sqft is $280. See the full Richmond Condos market report for monthly trends.
How long do condos take to sell in South Arm, Richmond?
Condos in South Arm, Richmond are averaging 41 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $1m in South Arm, Richmond?
Yes — there are currently 17 condos priced under $1m available in South Arm, Richmond. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.

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