Richmond Report July 2016

REALTOR Report
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Richmond
July 2016
Detached Properties
July
June
2016
2015
One-Year
Change
2016
2015
One-Year
Change
Total Active Listings
813
626
+ 29.9%
760
636
+ 19.5%
Sales
125
217
- 42.4%
172
240
- 28.3%
Days on Market Average
28
31
- 9.7%
23
32
- 28.1%
$1,717,100
$1,165,200
+ 47.4%
$1,700,200
$1,144,800
+ 48.5%
Activity Snapshot
MLS HPI Benchmark Price
Condos
July
June
2016
2015
One-Year
Change
453
1,063
- 57.4%
494
1,045
- 52.7%
Sales
211
185
+ 14.1%
337
190
+ 77.4%
35
61
- 42.6%
33
51
- 35.3%
$432,200
$361,100
+ 19.7%
$424,100
$362,800
+ 16.9%
Activity Snapshot
Townhomes
2016
2015
One-Year
Change
July
June
2016
2015
One-Year
Change
223
238
- 6.3%
180
280
- 35.7%
Sales
97
129
- 24.8%
127
112
+ 13.4%
13
29
- 55.2%
14
33
- 57.6%
$724,100
$551,500
+ 31.3%
$709,800
$546,800
+ 29.8%
Activity Snapshot
Sales-to-Active Ratio
2016
2015
One-Year
Change
Townhome
Condo
Detached
[43.5%]
[46.6%]
[15.4%]
120%
100%
80%
Seller's Market
60%
40%
20%
0%
Balanced Market
Buyer's Market
Current as of August 04, 2016. All data from the Real Estate Board of Greater Vancouver. Report 2016 ShowingTime. Percent changes are calculated using rounded figures.
REALTOR Report
Richmond
Detached Properties Report July 2016
Sales
Active
Listings
Avg Days
on Market
$99,999 and Below
$100,000 to $199,999
$200,000 to $399,999
$400,000 to $899,999
$900,000 to $1,499,999
Sales
Active
Listings
Benchmark
Price
One-Year
Change
Boyd Park
27
$1,703,300
+ 47.1%
Bridgeport RI
26
$1,279,800
+ 35.6%
Brighouse
13
$0
--
11
10
Brighouse South
$0
--
46
158
21
Broadmoor
52
$2,427,000
+ 50.8%
$1,500,000 to $1,999,999
45
260
28
East Cambie
22
$1,361,500
+ 41.0%
$2,000,000 to $2,999,999
24
232
26
East Richmond
24
$1,787,600
+ 47.1%
$3,000,000 and $3,999,999
87
64
Garden City
22
$1,670,600
+ 45.7%
$4,000,000 to $4,999,999
27
Gilmore
12
$0
--
$5,000,000 and Above
29
131
Granville
47
$2,048,100
+ 45.6%
125
813
28
Hamilton RI
19
$1,056,600
+ 41.5%
Ironwood
31
$1,310,300
+ 46.5%
Lackner
42
$1,880,400
+ 50.3%
McLennan
37
$1,687,600
+ 47.5%
McLennan North
$1,678,700
+ 42.9%
McNair
30
$1,428,300
+ 49.5%
Quilchena RI
36
$1,817,800
+ 44.4%
Riverdale RI
45
$1,869,000
+ 45.5%
Saunders
32
$1,694,900
+ 52.2%
Sea Island
$931,000
+ 34.4%
Seafair
53
$1,791,200
+ 52.2%
South Arm
20
$1,474,500
+ 49.3%
Steveston North
13
61
$1,384,800
+ 48.1%
Steveston South
18
$1,639,500
+ 46.5%
Steveston Village
$1,479,900
+ 43.6%
Terra Nova
16
$2,230,200
+ 38.2%
West Cambie
38
$1,405,800
+ 42.3%
Westwind
19
$1,702,900
+ 44.3%
Woodwards
50
$1,715,000
+ 47.9%
125
813
$1,717,100
+ 47.4%
Price Range
TOTAL
Neighbourhood
TOTAL*
* This represents the total of the Richmond area, not the sum of the areas above.
Sales
Active Listings
Detached Homes - Richmond
$1,643,400
$1,700,200
$1,717,100
$1,503,800
$1,186,700
$1,210,600
$1,241,000
$1,266,400
$1,296,900
$1,323,800
$1,370,200
$1,413,500
760
813
682
618
459
612
314
519
529
587
349
452
181
#VALUE!
#VALUE!
08-2015
174
09-2015
194
10-2015
191
11-2015
257
178
12-2015
163
205
01-2016
02-2016
03-2016
210
209
172
04-2016
05-2016
06-2016
125
07-2016
REALTOR Report
Richmond
Condo Report July 2016
Price Range
Sales
Active
Listings
Avg Days
on Market
Neighbourhood
Sales
Active
Listings
Benchmark
Price
One-Year
Change
+ 23.2%
$99,999 and Below
Boyd Park
11
$270,700
$100,000 to $199,999
16
27
51
Bridgeport RI
11
$391,300
--
$200,000 to $399,999
88
136
42
Brighouse
104
258
$484,300
+ 24.1%
$400,000 to $899,999
102
244
27
Brighouse South
28
44
$375,000
+ 15.5%
31
39
Broadmoor
$288,100
+ 18.1%
$900,000 to $1,499,999
$1,500,000 to $1,999,999
East Cambie
$440,500
+ 45.2%
$2,000,000 to $2,999,999
East Richmond
$447,500
- 1.5%
$3,000,000 and $3,999,999
31
Garden City
$0
--
$4,000,000 to $4,999,999
Gilmore
$0
--
Granville
$148,600
+ 29.0%
211
453
35
TOTAL
Hamilton RI
$0
--
Ironwood
$336,200
+ 10.4%
Lackner
$0
--
McLennan
$0
--
McLennan North
12
35
$523,500
+ 17.3%
McNair
$0
--
Quilchena RI
$0
--
Riverdale RI
$396,900
+ 21.1%
Saunders
$0
--
Sea Island
$0
--
Seafair
$0
--
South Arm
11
$160,200
+ 23.6%
Steveston North
$285,800
+ 26.4%
Steveston South
11
12
$439,800
+ 19.7%
Steveston Village
$0
--
Terra Nova
$0
--
West Cambie
23
36
$353,500
+ 16.0%
Westwind
$0
--
Woodwards
$0
--
211
453
$432,200
+ 19.7%
TOTAL*
Sales
Active Listings
$396,400
$361,400
$372,200
$381,500
$382,900
$384,100
852
1,015
953
Condos - Richmond
707
897
742
$395,700
717
$404,700
706
$406,600
667
$414,200
$424,100
616
494
274
179
#VALUE!
193
161
198
151
153
#VALUE!
08-2015
09-2015
10-2015
11-2015
12-2015
01-2016
226
02-2016
03-2016
289
04-2016
$432,200
323
453
337
211
05-2016
06-2016
07-2016
REALTOR Report
Richmond
Townhomes Report July 2016
Sales
Active
Listings
Days on
Market
$99,999 and Below
$100,000 to $199,999
$200,000 to $399,999
$400,000 to $899,999
63
$900,000 to $1,499,999
33
$1,500,000 to $1,999,999
Sales
Active
Listings
Benchmark
Price
One-Year
Change
Boyd Park
$459,700
+ 33.1%
Bridgeport RI
$469,200
+ 24.6%
Brighouse
22
$628,300
+ 32.4%
175
15
Brighouse South
29
$623,300
+ 16.9%
45
Broadmoor
13
$860,300
+ 32.4%
East Cambie
$639,300
+ 28.1%
$2,000,000 to $2,999,999
East Richmond
$0
--
$3,000,000 and $3,999,999
Garden City
$823,000
+ 30.4%
$4,000,000 to $4,999,999
Gilmore
$0
--
Granville
$597,300
+ 26.6%
TOTAL
97
223
13
Hamilton RI
12
$566,600
+ 25.2%
Ironwood
$682,400
+ 23.2%
Lackner
$894,200
+ 38.7%
McLennan
$0
--
McLennan North
17
51
$807,200
+ 34.0%
Price Range
Neighbourhood
McNair
$0
--
Quilchena RI
$628,000
+ 36.7%
Riverdale RI
$809,500
+ 41.6%
Saunders
$566,900
+ 29.0%
Sea Island
$0
--
Seafair
$939,200
+ 39.3%
South Arm
$590,900
+ 30.5%
Steveston North
$633,500
+ 40.3%
Steveston South
$884,300
+ 39.3%
Steveston Village
$850,400
+ 43.1%
Terra Nova
$937,900
+ 40.5%
West Cambie
19
$687,000
+ 30.2%
Westwind
$773,700
+ 39.3%
Woodwards
23
$710,300
+ 31.7%
TOTAL*
97
223
$724,100
+ 31.3%
Sales
$555,500
Active Listings
$566,600
$573,800
Townhomes - Richmond
$585,800
$589,200
$596,000
$614,000
$631,600
$657,000
$685,400
$709,800
$724,100
246
223
217
223
180
174
160
100
130
92
#VALUE!
81
#VALUE!
08-2015
09-2015
107
107
11-2015
88
12-2015
109
127
69
10-2015
88
113
01-2016
02-2016
127
105
98
03-2016
04-2016
97
90
05-2016
06-2016
07-2016
REALTOR Report
Richmond
July 2016
Detached
Condos
Townhomes
$1,717,100
$1,750,000
$1,500,000
$1,250,000
$1,165,200
$1,023,600
$993,700
$983,700
$948,300
$1,000,000
$853,600
$756,400
$724,100
$707,500
$696,000
$750,000
$630,700
$500,000
$383,800
$478,800
$447,900
$412,000
$509,700
$506,300
$495,500
$515,300
$349,300
$351,200
$348,800
$354,300
$551,500
$418,800
$432,200
$350,700
$328,400
$250,000
$303,800
01-2006
01-2007
01-2008
$353,300
$329,200
01-2009
01-2010
01-2011
01-2012
01-2013
01-2014
$361,100
01-2015
01-2016
Note: $0 means that there is no sales activity, not $0 as an MLS HPI Benchmark Price.
Average Price Per Square Foot
Detached
Condos
Townhomes
$800
$775
$694
$703
$700
$600
$557
$556
$505
$549
$493
$500
$458
$449
$453
$464
$517
$466
$487
$429
$401
$387
$355
$400
$411
$365
$300
08-2013
11-2013
02-2014
$445
$425
$425
$361
$462
$418
$421
$439
$399
$372
$378
$361
05-2014
$386
$409
$407
08-2014
11-2014
02-2015
05-2015
08-2015
11-2015
02-2016
05-2016
Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.

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REALTOR Report

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Total Active Listings

Days on Market Average

MLS HPI Benchmark Price

Total Active Listings

Days on Market Average

MLS HPI Benchmark Price

Total Active Listings

Days on Market Average

MLS HPI Benchmark Price

$99,999 and Below

$3,000,000 and $3,999,999

$5,000,000 and Above

Detached Homes - Richmond

MLS HPI Benchmark Price

$99,999 and Below

$3,000,000 and $3,999,999

$5,000,000 and Above

MLS HPI Benchmark Price

$99,999 and Below

$3,000,000 and $3,999,999

$5,000,000 and Above

MLS HPI Benchmark Price

Average Price Per Square Foot

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