Greater Vancouver · neighbourhood guide
Richmond
Island city with a dense core, quiet suburbs and the region's airport.
Overview
Living in Richmond
Richmond's City Centre along No. 3 Road has grown into a high-rise hub on the Canada Line, while Steveston, Terra Nova, Broadmoor and Seafair offer established family neighbourhoods and waterfront character.
The essentials
What shapes the market here.
Housing stock
Concrete and wood-frame condos in the city centre, extensive townhome stock, and detached ranging from 1970s ranchers to large new builds.
Transit
Canada Line to downtown Vancouver and the airport, with stations along No. 3 Road. Bus connections throughout.
Lifestyle
Steveston Village and the Fraser River dykes, Richmond Olympic Oval, Garry Point, the Night Market and a renowned Asian food scene along Alexandra Road and in the city centre.
Schools
Richmond School District (SD38), including well-known secondary schools. Catchments vary by address.
Real estate in Richmond
Working with Merv in Richmond.
Mervin Truong is a licensed real estate advisor with RE/MAX 2000 Realty and a member of Candid Real Estate Group, helping people buy, sell and invest in Richmond and across Greater Vancouver and the Fraser Valley. Every plan starts with how buyers are responding to comparable homes nearby.
Office
Mervin Truong Personal Real Estate Corporation
Candid Real Estate Group · RE/MAX 2000 Realty
15127 100 Ave #103
Surrey, BC V3R 0N9
Office 604-583-2000
Direct 778-885-9433
hello@mervintruong.ca
Market snapshot · September 2026
Richmond by the numbers.
Last month’s sales, listings and prices by home type, with thirteen months of context. Updated monthly from the board data.
Richmond
Detached houses · September 2026
Buyers have room to negotiate in Richmond. About 11 of every 100 listings sold, and homes sold 2% under asking on average.
11%
Buyers’ market
Sales ratio: sales as a share of active listings this month.
- Sale price
- $1,765,000
- ▲ 8% vs Aug
- Price per sq ft
- $667
- ▼ 3% vs Aug
- Days on market
- 44
- ▲ 63% vs Aug
- Sale-to-list
- 98%
- ▲ 2% vs Aug
- Active listings
- 576
- ▼ 2% vs Aug
- Sales
- 65
- ▲ 33% vs Aug
View as table
| Month | Sale price | Detail |
|---|---|---|
| Sep 2025 | $2,038,888 | 55 sales · 628 listings |
| Oct 2025 | $1,728,000 | 57 sales · 614 listings |
| Nov 2025 | $1,794,500 | 52 sales · 577 listings |
| Dec 2025 | $2,145,000 | 45 sales · 436 listings |
| Jan 2026 | $1,898,000 | 29 sales · 447 listings |
| Feb 2026 | $1,665,000 | 28 sales · 484 listings |
| Mar 2026 | $2,077,500 | 50 sales · 511 listings |
| Apr 2026 | $1,685,000 | 67 sales · 555 listings |
| May 2026 | $1,680,000 | 54 sales · 599 listings |
| Jun 2026 | $1,715,000 | 69 sales · 596 listings |
| Jul 2026 | $1,750,000 | 63 sales · 609 listings |
| Aug 2026 | $1,638,000 | 49 sales · 588 listings |
| Sep 2026 | $1,765,000 | 65 sales · 576 listings |
View as table
| Month | Sales ratio | Detail |
|---|---|---|
| Sep 2025 | 9% | 55 sales of 628 listings |
| Oct 2025 | 9% | 57 sales of 614 listings |
| Nov 2025 | 9% | 52 sales of 577 listings |
| Dec 2025 | 10% | 45 sales of 436 listings |
| Jan 2026 | 6% | 29 sales of 447 listings |
| Feb 2026 | 6% | 28 sales of 484 listings |
| Mar 2026 | 10% | 50 sales of 511 listings |
| Apr 2026 | 12% | 67 sales of 555 listings |
| May 2026 | 9% | 54 sales of 599 listings |
| Jun 2026 | 12% | 69 sales of 596 listings |
| Jul 2026 | 10% | 63 sales of 609 listings |
| Aug 2026 | 8% | 49 sales of 588 listings |
| Sep 2026 | 11% | 65 sales of 576 listings |
By community
Most competitive: Hamilton (31%) · Most choice: Broadmoor (4%)
| Community | Listings | Sales | Sales ratio |
|---|---|---|---|
| Broadmoor | 48 | 2 | 4% |
| Seafair | 40 | 3 | 8% |
| Granville | 38 | 7 | 18% |
| Woodwards | 38 | 2 | 5% |
| Riverdale | 36 | 3 | 8% |
| Steveston North | 31 | 4 | 13% |
| Saunders | 30 | 4 | 13% |
| Ironwood | 28 | 3 | 11% |
Competitive and choice readings need at least 10 listings; ratios above 100% mean last month’s sales exceeded this month’s listings.
Source: SnapStats® (snap-stats.com), compiled from Fraser Valley Real Estate Board and Greater Vancouver REALTORS® MLS® data captured October 1, 2026. Figures cover September 2026 versus the previous month. Accuracy and completeness are not guaranteed by the source; not intended to solicit properties already listed for sale.
FAQ
Questions buyers ask about Richmond.
The city is protected by a dike system and has building elevation requirements. Insurance and specific site conditions are part of normal due diligence here.
Steveston offers the village and waterfront; Terra Nova is quieter with newer homes and larger lots. Both carry a premium relative to central Richmond.
Canada Line access supports demand. The analysis is building-specific: age, strata health, rental bylaws and recent comparable sales.
About Richmond
Ask a specific question.
Which streets, which buildings, which schools, and what a realistic budget buys. I answer with current data.
Nearby guides