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

Total Active Listings

453

1,063

- 57.4%

494

1,045

- 52.7%

Sales

211

185

+ 14.1%

337

190

+ 77.4%

Days on Market Average

35

61

- 42.6%

33

51

- 35.3%

$432,200

$361,100

+ 19.7%

$424,100

$362,800

+ 16.9%

Activity Snapshot

MLS® HPI Benchmark Price

Townhomes

2016

2015

One-Year
Change

July

June

2016

2015

One-Year
Change

Total Active Listings

223

238

- 6.3%

180

280

- 35.7%

Sales

97

129

- 24.8%

127

112

+ 13.4%

Days on Market Average

13

29

- 55.2%

14

33

- 57.6%

$724,100

$551,500

+ 31.3%

$709,800

$546,800

+ 29.8%

Activity Snapshot

MLS® HPI Benchmark Price

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

Richmond
Detached Properties Report – July 2016
Sales

Active
Listings

Avg Days
on Market

$99,999 and Below

0

2

0

$100,000 to $199,999

0

3

0

$200,000 to $399,999

0

4

$400,000 to $899,999

2

$900,000 to $1,499,999

Sales

Active
Listings

Benchmark
Price

One-Year
Change

Boyd Park

8

27

$1,703,300

+ 47.1%

Bridgeport RI

1

26

$1,279,800

+ 35.6%

0

Brighouse

0

13

$0

--

11

10

Brighouse South

1

3

$0

--

46

158

21

Broadmoor

2

52

$2,427,000

+ 50.8%

$1,500,000 to $1,999,999

45

260

28

East Cambie

6

22

$1,361,500

+ 41.0%

$2,000,000 to $2,999,999

24

232

26

East Richmond

2

24

$1,787,600

+ 47.1%

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

7

87

64

Garden City

5

22

$1,670,600

+ 45.7%

$4,000,000 to $4,999,999

0

27

0

Gilmore

1

12

$0

--

$5,000,000 and Above

1

29

131

Granville

6

47

$2,048,100

+ 45.6%

125

813

28

Hamilton RI

6

19

$1,056,600

+ 41.5%

Ironwood

2

31

$1,310,300

+ 46.5%

Lackner

6

42

$1,880,400

+ 50.3%

McLennan

2

37

$1,687,600

+ 47.5%

McLennan North

6

8

$1,678,700

+ 42.9%

McNair

5

30

$1,428,300

+ 49.5%

Quilchena RI

7

36

$1,817,800

+ 44.4%

Riverdale RI

3

45

$1,869,000

+ 45.5%

Saunders

5

32

$1,694,900

+ 52.2%

Sea Island

3

3

$931,000

+ 34.4%

Seafair

7

53

$1,791,200

+ 52.2%

South Arm

7

20

$1,474,500

+ 49.3%

Steveston North

13

61

$1,384,800

+ 48.1%

Steveston South

3

18

$1,639,500

+ 46.5%

Steveston Village

6

7

$1,479,900

+ 43.6%

Terra Nova

3

16

$2,230,200

+ 38.2%

West Cambie

3

38

$1,405,800

+ 42.3%

Westwind

1

19

$1,702,900

+ 44.3%

Woodwards

5

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

MLS® HPI Benchmark Price

$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

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

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

0

2

0

Boyd Park

7

11

$270,700

$100,000 to $199,999

16

27

51

Bridgeport RI

3

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%

4

31

39

Broadmoor

1

3

$288,100

+ 18.1%

$900,000 to $1,499,999
$1,500,000 to $1,999,999

0

6

0

East Cambie

0

2

$440,500

+ 45.2%

$2,000,000 to $2,999,999

0

4

0

East Richmond

1

7

$447,500

- 1.5%

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

1

1

31

Garden City

0

1

$0

--

$4,000,000 to $4,999,999

0

2

0

Gilmore

0

0

$0

--

$5,000,000 and Above

0

0

0

Granville

1

6

$148,600

+ 29.0%

211

453

35

TOTAL

Hamilton RI

0

0

$0

--

Ironwood

5

2

$336,200

+ 10.4%

Lackner

0

0

$0

--

McLennan

0

0

$0

--

McLennan North

12

35

$523,500

+ 17.3%

McNair

0

0

$0

--

Quilchena RI

1

0

$0

--

Riverdale RI

6

9

$396,900

+ 21.1%

Saunders

1

3

$0

--

Sea Island

0

0

$0

--

Seafair

0

0

$0

--

South Arm

7

11

$160,200

+ 23.6%

Steveston North

0

1

$285,800

+ 26.4%

Steveston South

11

12

$439,800

+ 19.7%

Steveston Village

0

0

$0

--

Terra Nova

0

1

$0

--

West Cambie

23

36

$353,500

+ 16.0%

Westwind

0

0

$0

--

Woodwards

0

0

$0

--

211

453

$432,200

+ 19.7%

TOTAL*

* This represents the total of the Richmond area, not the sum of the areas above.

Sales

Active Listings

$396,400
$361,400

$372,200

$381,500

$382,900

$384,100

852
1,015

953

Condos - Richmond

MLS® HPI Benchmark Price

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

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

Richmond
Townhomes Report – July 2016
Sales

Active
Listings

Days on
Market

$99,999 and Below

0

0

0

$100,000 to $199,999

0

0

0

$200,000 to $399,999

0

2

$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

0

1

$459,700

+ 33.1%

Bridgeport RI

1

3

$469,200

+ 24.6%

0

Brighouse

8

22

$628,300

+ 32.4%

175

15

Brighouse South

8

29

$623,300

+ 16.9%

45

9

Broadmoor

3

13

$860,300

+ 32.4%

1

1

1

East Cambie

5

9

$639,300

+ 28.1%

$2,000,000 to $2,999,999

0

0

0

East Richmond

0

2

$0

--

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

0

0

0

Garden City

2

7

$823,000

+ 30.4%

$4,000,000 to $4,999,999

0

0

0

Gilmore

0

0

$0

--

$5,000,000 and Above

0

0

0

Granville

2

6

$597,300

+ 26.6%

TOTAL

97

223

13

Hamilton RI

1

12

$566,600

+ 25.2%

Ironwood

3

4

$682,400

+ 23.2%

Lackner

1

2

$894,200

+ 38.7%

McLennan

0

0

$0

--

McLennan North

17

51

$807,200

+ 34.0%

Price Range

Neighbourhood

McNair

1

1

$0

--

Quilchena RI

0

0

$628,000

+ 36.7%

Riverdale RI

3

3

$809,500

+ 41.6%

Saunders

4

8

$566,900

+ 29.0%

Sea Island

0

0

$0

--

Seafair

2

1

$939,200

+ 39.3%

South Arm

0

0

$590,900

+ 30.5%

Steveston North

1

6

$633,500

+ 40.3%

Steveston South

3

6

$884,300

+ 39.3%

Steveston Village

1

2

$850,400

+ 43.1%

Terra Nova

1

7

$937,900

+ 40.5%

West Cambie

6

19

$687,000

+ 30.2%

Westwind

1

1

$773,700

+ 39.3%

Woodwards

23

8

$710,300

+ 31.7%

TOTAL*

97

223

$724,100

+ 31.3%

* This represents the total of the Richmond area, not the sum of the areas above.

Sales

$555,500

Active Listings

$566,600

$573,800

Townhomes - Richmond

MLS® HPI Benchmark Price

$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

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

Richmond
July 2016
MLS® HPI Benchmark Price

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.

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.