Richmond Report August 2016

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
421
1,015
- 58.5%
465
1,063
- 56.3%
Sales
190
179
+ 6.1%
211
185
+ 14.1%
29
57
- 49.1%
35
61
- 42.6%
$440,200
$361,400
+ 21.8%
$432,200
$361,100
+ 19.7%
Activity Snapshot
Townhomes
2016
2015
One-Year
Change
August
July
2016
2015
One-Year
Change
230
223
+ 3.1%
227
238
- 4.6%
Sales
69
92
- 25.0%
97
129
- 24.8%
17
32
- 46.9%
13
29
- 55.2%
$732,400
$555,500
+ 31.8%
$724,100
$551,500
+ 31.3%
Activity Snapshot
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
Richmond
Detached Properties Report August 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
$1,500,000 to $1,999,999
Sales
Active
Listings
Benchmark
Price
One-Year
Change
Boyd Park
23
$1,645,700
+ 39.4%
Bridgeport RI
29
$1,289,500
+ 35.6%
32
Brighouse
15
$0
--
12
Brighouse South
$0
--
21
169
20
Broadmoor
64
$2,401,700
+ 44.3%
23
260
31
East Cambie
23
$1,363,900
+ 40.3%
$2,000,000 to $2,999,999
14
239
35
East Richmond
20
$1,842,200
+ 50.9%
$3,000,000 and $3,999,999
99
52
Garden City
27
$1,643,400
+ 40.0%
$4,000,000 to $4,999,999
21
Gilmore
16
$0
--
$5,000,000 and Above
32
Granville
53
$2,025,200
+ 39.8%
TOTAL
64
841
30
Hamilton RI
20
$1,043,600
+ 36.3%
Ironwood
27
$1,317,700
+ 46.1%
Lackner
41
$1,835,000
+ 44.8%
McLennan
30
$1,712,700
+ 47.7%
McLennan North
$1,680,300
+ 41.0%
McNair
36
$1,435,900
+ 48.3%
Quilchena RI
34
$1,797,300
+ 39.8%
Riverdale RI
47
$1,849,300
+ 40.0%
Saunders
34
$1,698,600
+ 50.2%
Sea Island
$942,000
+ 33.6%
Seafair
60
$1,724,600
+ 44.0%
South Arm
23
$1,487,000
+ 48.6%
Steveston North
56
$1,399,800
+ 48.5%
Steveston South
18
$1,661,500
+ 47.9%
Steveston Village
$1,489,700
+ 43.8%
Terra Nova
16
$2,210,200
+ 33.3%
West Cambie
36
$1,422,300
+ 43.1%
Westwind
17
$1,708,800
+ 44.0%
Woodwards
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

$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
REALTOR Report
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
Boyd Park
10
$275,500
$100,000 to $199,999
12
25
47
Bridgeport RI
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
32
44
Broadmoor
$297,100
+ 20.5%
$1,500,000 to $1,999,999
64
East Cambie
$431,900
+ 41.7%
$2,000,000 to $2,999,999
East Richmond
$456,100
+ 2.9%
$3,000,000 and $3,999,999
Garden City
$0
--
$4,000,000 to $4,999,999
Gilmore
$0
--
Granville
$146,200
+ 29.5%
190
421
29
TOTAL
Hamilton RI
$0
--
Ironwood
$341,100
+ 11.3%
Lackner
$0
--
McLennan
$0
--
McLennan North
14
32
$531,100
+ 18.4%
McNair
$0
--
Quilchena RI
$0
--
Riverdale RI
$401,600
+ 25.0%
Saunders
$0
--
Sea Island
$0
--
Seafair
$0
--
South Arm
$159,400
+ 27.5%
Steveston North
$292,800
+ 30.2%
Steveston South
10
14
$433,100
+ 13.1%
Steveston Village
$0
--
Terra Nova
$0
--
West Cambie
22
31
$365,900
+ 19.5%
Westwind
$0
--
Woodwards
$0
--
190
421
$440,200
+ 21.8%
TOTAL*
Sales
$372,200
953
Active Listings
$381,500
$382,900
897
852
Condos - Richmond
$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
REALTOR Report
Richmond
Townhomes Report August 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
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
$472,600
+ 35.3%
Bridgeport RI
$487,100
+ 29.8%
Brighouse
21
$646,900
+ 31.6%
182
18
Brighouse South
38
$644,500
+ 20.9%
45
18
Broadmoor
12
$878,100
+ 32.9%
East Cambie
$647,000
+ 29.8%
$2,000,000 to $2,999,999
East Richmond
$0
--
$3,000,000 and $3,999,999
Garden City
$834,700
+ 31.5%
$4,000,000 to $4,999,999
Gilmore
$0
--
Granville
$618,200
+ 32.1%
TOTAL
69
230
17
Hamilton RI
11
$572,600
+ 27.6%
Ironwood
$689,300
+ 24.5%
Lackner
$904,000
+ 38.7%
McLennan
$0
--
McLennan North
23
44
$796,800
+ 31.6%
Price Range
Neighbourhood
McNair
$0
--
Quilchena RI
$629,300
+ 34.9%
Riverdale RI
$816,800
+ 40.6%
Saunders
$576,500
+ 31.0%
Sea Island
$0
--
Seafair
$952,500
+ 38.7%
South Arm
$600,600
+ 32.3%
Steveston North
$639,900
+ 37.9%
Steveston South
$896,900
+ 37.7%
Steveston Village
$862,800
+ 42.4%
Terra Nova
$939,600
+ 40.2%
West Cambie
21
$709,400
+ 34.5%
Westwind
$791,000
+ 39.8%
Woodwards
10
$718,400
+ 31.7%
TOTAL*
69
230
$732,400
+ 31.8%
Sales
Active Listings
Townhomes - Richmond

$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
REALTOR Report
Richmond
August 2016
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.

Richmond Report August 2016

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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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