REALTOR® Report

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

Richmond
August 2016
Detached Properties

August

July

2016

2015

One-Year
Change

2016

2015

One-Year
Change

Total Active Listings

841

619

+ 35.9%

842

626

+ 34.5%

Sales

64

181

- 64.6%

124

217

- 42.9%

Days on Market Average

30

35

- 14.3%

27

31

- 12.9%

$1,704,200

$1,186,700

+ 43.6%

$1,717,100

$1,165,200

+ 47.4%

Activity Snapshot

MLS® HPI Benchmark Price

Condos

August

July

2016

2015

One-Year
Change

Total Active Listings

421

1,015

- 58.5%

465

1,063

- 56.3%

Sales

190

179

+ 6.1%

211

185

+ 14.1%

Days on Market Average

29

57

- 49.1%

35

61

- 42.6%

$440,200

$361,400

+ 21.8%

$432,200

$361,100

+ 19.7%

Activity Snapshot

MLS® HPI Benchmark Price

Townhomes

2016

2015

One-Year
Change

August

July

2016

2015

One-Year
Change

Total Active Listings

230

223

+ 3.1%

227

238

- 4.6%

Sales

69

92

- 25.0%

97

129

- 24.8%

Days on Market Average

17

32

- 46.9%

13

29

- 55.2%

$732,400

$555,500

+ 31.8%

$724,100

$551,500

+ 31.3%

Activity Snapshot

MLS® HPI Benchmark Price

Sales-to-Active Ratio

2016

2015

One-Year
Change

Townhome

Condo

Detached

[30.0%]

[45.1%]

[7.6%]

120%

100%

80%

Seller's Market
60%

40%

20%

0%

Balanced Market
Buyer's Market

Current as of September 02, 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 – August 2016
Sales

Active
Listings

Avg Days
on Market

$99,999 and Below

0

1

0

$100,000 to $199,999

0

4

0

$200,000 to $399,999

1

4

$400,000 to $899,999

0

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

Sales

Active
Listings

Benchmark
Price

One-Year
Change

Boyd Park

2

23

$1,645,700

+ 39.4%

Bridgeport RI

2

29

$1,289,500

+ 35.6%

32

Brighouse

0

15

$0

--

12

0

Brighouse South

0

2

$0

--

21

169

20

Broadmoor

6

64

$2,401,700

+ 44.3%

23

260

31

East Cambie

4

23

$1,363,900

+ 40.3%

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

14

239

35

East Richmond

2

20

$1,842,200

+ 50.9%

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

5

99

52

Garden City

2

27

$1,643,400

+ 40.0%

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

0

21

0

Gilmore

0

16

$0

--

$5,000,000 and Above

0

32

0

Granville

2

53

$2,025,200

+ 39.8%

TOTAL

64

841

30

Hamilton RI

2

20

$1,043,600

+ 36.3%

Ironwood

4

27

$1,317,700

+ 46.1%

Lackner

4

41

$1,835,000

+ 44.8%

McLennan

3

30

$1,712,700

+ 47.7%

McLennan North

0

6

$1,680,300

+ 41.0%

McNair

2

36

$1,435,900

+ 48.3%

Quilchena RI

1

34

$1,797,300

+ 39.8%

Riverdale RI

2

47

$1,849,300

+ 40.0%

Saunders

4

34

$1,698,600

+ 50.2%

Sea Island

0

3

$942,000

+ 33.6%

Seafair

3

60

$1,724,600

+ 44.0%

South Arm

1

23

$1,487,000

+ 48.6%

Steveston North

9

56

$1,399,800

+ 48.5%

Steveston South

1

18

$1,661,500

+ 47.9%

Steveston Village

0

9

$1,489,700

+ 43.8%

Terra Nova

2

16

$2,210,200

+ 33.3%

West Cambie

3

36

$1,422,300

+ 43.1%

Westwind

1

17

$1,708,800

+ 44.0%

Woodwards

2

56

$1,697,300

+ 42.4%

TOTAL*

64

841

$1,704,200

+ 43.6%

Price Range

Neighbourhood

* 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

$1,704,200

$1,503,800
$1,210,600

$1,241,000

$1,266,400

$1,296,900

$1,323,800

$1,370,200

$1,413,500

781

842

841

687
462

614

174

591

351
521

#VALUE!
09-2015
#VALUE!

533

454

194

191

10-2015

11-2015

316
178

12-2015

163

01-2016

204

257

02-2016

03-2016

210

04-2016

208

172

124

05-2016

06-2016

07-2016

64

08-2016

Current as of September 02, 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 – August 2016
Price Range

Sales

Active
Listings

Avg Days
on Market

Neighbourhood

Sales

Active
Listings

Benchmark
Price

One-Year
Change
+ 25.8%

$99,999 and Below

0

2

0

Boyd Park

6

10

$275,500

$100,000 to $199,999

12

25

47

Bridgeport RI

3

15

$406,000

--

$200,000 to $399,999

83

106

24

Brighouse

78

240

$489,500

+ 26.7%

$400,000 to $899,999

90

240

30

Brighouse South

33

38

$391,600

+ 19.6%

$900,000 to $1,499,999

4

32

44

Broadmoor

2

1

$297,100

+ 20.5%

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

1

8

64

East Cambie

2

0

$431,900

+ 41.7%

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

0

4

0

East Richmond

1

8

$456,100

+ 2.9%

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

0

2

0

Garden City

0

2

$0

--

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

0

2

0

Gilmore

0

0

$0

--

$5,000,000 and Above

0

0

0

Granville

2

7

$146,200

+ 29.5%

190

421

29

TOTAL

Hamilton RI

0

0

$0

--

Ironwood

0

4

$341,100

+ 11.3%

Lackner

0

0

$0

--

McLennan

0

0

$0

--

McLennan North

14

32

$531,100

+ 18.4%

McNair

0

0

$0

--

Quilchena RI

1

0

$0

--

Riverdale RI

8

6

$401,600

+ 25.0%

Saunders

1

3

$0

--

Sea Island

0

0

$0

--

Seafair

0

0

$0

--

South Arm

7

9

$159,400

+ 27.5%

Steveston North

0

1

$292,800

+ 30.2%

Steveston South

10

14

$433,100

+ 13.1%

Steveston Village

0

0

$0

--

Terra Nova

0

0

$0

--

West Cambie

22

31

$365,900

+ 19.5%

Westwind

0

0

$0

--

Woodwards

0

0

$0

--

190

421

$440,200

+ 21.8%

TOTAL*

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

Sales

$372,200

953

Active Listings

$381,500

$382,900

897

852

Condos - Richmond

MLS® HPI Benchmark Price

$396,400

$395,700

742

717

$404,700

$406,600

$414,200

$424,100

$432,200

$440,200

$384,100

707

706

667

616
504

465
421

193
#VALUE!

161

198

151

153

#VALUE!
09-2015

10-2015

11-2015

12-2015

01-2016

226

274

02-2016

03-2016

289

04-2016

323

05-2016

337

06-2016

211

190

07-2016

08-2016

Current as of September 02, 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 – August 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

4

1

$400,000 to $899,999

50

$900,000 to $1,499,999

15

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

Sales

Active
Listings

Benchmark
Price

One-Year
Change

Boyd Park

1

0

$472,600

+ 35.3%

Bridgeport RI

1

3

$487,100

+ 29.8%

9

Brighouse

5

21

$646,900

+ 31.6%

182

18

Brighouse South

5

38

$644,500

+ 20.9%

45

18

Broadmoor

2

12

$878,100

+ 32.9%

0

2

0

East Cambie

5

5

$647,000

+ 29.8%

$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

1

6

$834,700

+ 31.5%

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

0

0

0

Gilmore

0

0

$0

--

$5,000,000 and Above

0

0

0

Granville

0

8

$618,200

+ 32.1%

TOTAL

69

230

17

Hamilton RI

4

11

$572,600

+ 27.6%

Ironwood

2

5

$689,300

+ 24.5%

Lackner

0

4

$904,000

+ 38.7%

McLennan

0

0

$0

--

McLennan North

23

44

$796,800

+ 31.6%

Price Range

Neighbourhood

McNair

1

1

$0

--

Quilchena RI

0

0

$629,300

+ 34.9%

Riverdale RI

0

4

$816,800

+ 40.6%

Saunders

4

9

$576,500

+ 31.0%

Sea Island

0

0

$0

--

Seafair

0

2

$952,500

+ 38.7%

South Arm

0

0

$600,600

+ 32.3%

Steveston North

2

6

$639,900

+ 37.9%

Steveston South

0

6

$896,900

+ 37.7%

Steveston Village

1

4

$862,800

+ 42.4%

Terra Nova

4

5

$939,600

+ 40.2%

West Cambie

4

21

$709,400

+ 34.5%

Westwind

1

3

$791,000

+ 39.8%

Woodwards

3

10

$718,400

+ 31.7%

TOTAL*

69

230

$732,400

+ 31.8%

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

Sales

Active Listings

Townhomes - Richmond

MLS® HPI Benchmark Price
$685,400

$566,600

246

$573,800

$585,800

$589,200

$596,000

$614,000

$631,600

$724,100

227

217
160
113
100

107

88

130
107
81
#VALUE!

10-2015

11-2015

88

12-2015

98

127

02-2016

183

127

105

97

90

03-2016

230

109

69

01-2016

$732,400

$657,000

174

#VALUE!
09-2015

$709,800

04-2016

05-2016

69

06-2016

07-2016

08-2016

Current as of September 02, 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
August 2016
MLS® HPI Benchmark Price

Detached

Condos

Townhomes
$1,704,200

$1,750,000

$1,500,000

$1,186,700

$1,250,000

$1,016,600

$998,200

$979,300

$949,300

$1,000,000
$854,100
$745,900

$732,400

$723,000

$701,500

$750,000
$634,700

$555,500

$500,000

$444,800

$416,000

$388,200

$512,200

$478,800

$502,300

$496,100

$511,600

$341,500

$348,800

$355,700

$426,200
$440,200

$332,200
$250,000
$305,900
01-2006
01-2007
01-2008

$345,700

$354,000

$336,000

01-2009

01-2010

$349,000

01-2011

01-2012

01-2013

01-2014

$361,400

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
$729
$698

$700

$694

$588

$600
$573
$517

$505

$500

$475
$448

$448

$484

$508

$454
$439

$416

$474
$420

$373
$392

$400

$418
$380

$300
09-2013

12-2013

03-2014

$420

$378

$402

$406
$384

$402

$420
$399

$440
$423

$456

$370

$370

06-2014

$513
$493

09-2014

12-2014

03-2015

06-2015

09-2015

12-2015

03-2016

06-2016

Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.

Current as of September 02, 2016. All data from the Real Estate Board of Greater Vancouver. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.