Buyer's Market · avg townhouse price $1,243,875 · 8 sold (30d) · 35 days on market
Buyers currently have more choice in McLennan North, Richmond's townhouse market, with homes taking longer to sell. In the past 30 days, 8 townhouses sold across McLennan North, Richmond at an average sold price of $1,243,875. Townhouses are selling in an average of 35 days on the market. The absorption rate is 11.8% — meaning 11.8% of active townhouse inventory sells each month. Average townhouse prices in McLennan North, Richmond are up 4.6% compared to the 90-day average of $1,189,252. If you're considering buying a townhouse in McLennan North, Richmond, you have more time to negotiate — though well-priced townhomes still attract attention.
12-month average townhouse sold price
McLennan North is a Buyer's Market for townhouses (absorption rate: 11.8%, 8 sold vs 68 active listings in the last 30 days).