Richmond Townhouses for Sale Under $1M
There are currently 158 townhouses for sale in Richmond priced Under $1M. The median asking price is $899,000, averaging $659/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The townhouses priced under $1m market in Richmond is currently a Buyer's Market with a 7.6% sales ratio — 12 homes sold against 158 active listings in the past 30 days. The median asking price is $899,000 ($659/sqft). Properties are selling slowly, averaging 50 days on the market.
For Sale
50 listings
↓ Buyer's Market
158
Active Listings
12
Sold (30 days)
7.6%
Sales Ratio
Buyer's Market
$899K
Median Price
$659
Avg $/sqft
50
Avg Days
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Richmond Townhouse With Suite Richmond Townhouse With Basement Richmond Townhouse New Construction 1 Bed Townhouse in Richmond 2 Bed Townhouse in Richmond 3 Bed Townhouse in Richmond 4 Bed Townhouse in Richmond 5 Bed Townhouse in RichmondMarket Activity by Price Range — Richmond
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $400K–$500K | 1 | 0 | 0% | |
| $500K–$600K | 8 | 0 | 0% | |
| $600K–$700K | 14 | 2 | 14% | |
| $700K–$800K Most Active | 20 | 3 | 15% | |
| $800K–$900K | 52 | 2 | 4% | |
| $900K–$1M | 63 | 5 | 8% |
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 |
|---|---|---|---|
| Hamilton RI | 27 | 0 | 0% |
| Brighouse South | 19 | 0 | 0% |
| Brighouse | 16 | 1 | 6% |
| West Cambie | 14 | 0 | 0% |
| McLennan North | 14 | 1 | 7% |
| East Cambie | 7 | 4 | 57% |
| Boyd Park | 6 | 0 | 0% |
| Steveston North | 5 | 0 | 0% |
| Saunders | 5 | 3 | 60% |
| Riverdale RI | 5 | 0 | 0% |
| Broadmoor | 5 | 0 | 0% |
| Woodwards | 4 | 1 | 25% |
| Granville | 4 | 0 | 0% |
| Seafair | 4 | 0 | 0% |
| Terra Nova | 4 | 0 | 0% |
| Ironwood | 4 | 0 | 0% |
| Bridgeport RI | 3 | 1 | 33% |
| Steveston South | 3 | 0 | 0% |
| McNair | 2 | 0 | 0% |
| South Arm | 2 | 0 | 0% |
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Frequently Asked Questions — Richmond
How many townhouses priced under $1m are for sale in Richmond?
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There are currently 158 townhouses 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 townhouses in Richmond?
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It is currently a Buyer's Market. With a 7.6% sales ratio, there are more townhouses available than buyers are purchasing, giving buyers more time and negotiating power. See the full Richmond Townhouses market report for monthly trends.
What is the median price of townhouses in Richmond?
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The median asking price for townhouses in Richmond is $899,000. The average price per sqft is $659. See the full Richmond Townhouses market report for monthly trends.
How long do townhouses take to sell in Richmond?
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Townhouses in Richmond are averaging 50 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good townhouses priced under $1m in Richmond?
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Yes — there are currently 158 townhouses 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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