Seller's Market · avg townhouse price $870,000 · 1 sold (30d) · 51 days on market
The Granville, Richmond townhouse market continues to favour sellers, with more buyers than available townhomes. In the past 30 days, 1 townhouses sold across Granville, Richmond at an average sold price of $870,000. Townhouses are selling in an average of 51 days on the market. The absorption rate is 22.2% — meaning 22.2% of active townhouse inventory sells each month. Average townhouse prices in Granville, Richmond are down 23.5% compared to the 90-day average of $1,136,992. If you're looking to buy a townhouse in Granville, Richmond, budget for competitive situations and be prepared to act quickly on well-priced townhomes.
12-month average townhouse sold price
| Month | Sold | Avg price | $/sqft | Avg DOM |
|---|---|---|---|---|
| October | 2 | $965,000 | $695 | 37 days |
| September | 3 | $1,458,984 | $899 | 48 days |
| August | 1 | $515,000 | $711 | 87 days |
| July | 4 | $757,500 | $679 | 40 days |
| June | 1 | $1,448,000 | $895 | — |
| May | 2 | $1,210,500 | $817 | 26 days |
| April | 3 | $858,333 | $688 | 30 days |
| February | 2 | $931,250 | $638 | 34 days |
| January | 1 | $838,000 | $731 | 7 days |
| December | 3 | $785,000 | $737 | 60 days |
Monthly MLS® sold townhouses over the last 12 months. Months with no recorded sales are omitted; a single sale can swing a month's average in lower-volume areas.
Granville is a Seller's Market for townhouses (absorption rate: 22.2%, 1 sold vs 9 active listings in the last 30 days).