Richmond Townhouses for Sale Under $1M
There are currently 142 townhouses for sale in Richmond priced Under $1M. The median asking price is $878,900, averaging $664/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
142
Active Listings
12
Sold (30 days)
8.5%
Sales Ratio
Buyer's Market
$879K
Median Price
$664
Avg $/sqft
36
Avg Days
Market summary
The townhouses priced under $1m market in Richmond is currently a Buyer's Market with a 8.5% sales ratio — 12 homes sold against 142 active listings in the past 30 days. The median asking price is $878,900 ($664/sqft). Properties are selling slowly, averaging 36 days on the market.
For Sale
47 listings
Recently Sold
3 sold nearby
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $400K–$500K Most Active | 1 | 1 | 100% | |
| $500K–$600K | 2 | 1 | 50% | |
| $600K–$700K | 11 | 1 | 9% | |
| $700K–$800K | 26 | 1 | 4% | |
| $800K–$900K | 56 | 2 | 4% | |
| $900K–$1M | 46 | 5 | 11% | |
| $1M–$1.25M Most Active | 0 | 1 | 100% |
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 | 23 | 0 | 0% |
| Brighouse | 18 | 0 | 0% |
| Brighouse South | 16 | 0 | 0% |
| West Cambie | 11 | 2 | 18% |
| McLennan North | 10 | 2 | 20% |
| East Cambie | 9 | 0 | 0% |
| Ironwood | 7 | 0 | 0% |
| Seafair | 5 | 0 | 0% |
| Woodwards | 5 | 1 | 20% |
| Bridgeport RI | 5 | 1 | 20% |
| Riverdale RI | 4 | 1 | 25% |
| Boyd Park | 4 | 1 | 25% |
| Saunders | 4 | 0 | 0% |
| McNair | 4 | 0 | 0% |
| Terra Nova | 3 | 0 | 0% |
| Steveston North | 3 | 1 | 33% |
| Steveston Village | 3 | 0 | 0% |
| Westwind | 2 | 0 | 0% |
| Granville | 2 | 1 | 50% |
| Broadmoor | 1 | 1 | 100% |
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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 142 townhouses priced under $1m listed for sale in Richmond. Listings are updated daily from the MLS® database.
How many townhouses have sold in Richmond in the past year?
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In the past 12 months, 270 townhouses have sold in Richmond, averaging about 36 days on market. Full sold prices and sold history are available to registered members — free to sign up. See the full Richmond Townhouses market report for monthly trends.
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 8.5% 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 $878,900. The average price per sqft is $664. 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 36 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 142 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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