In the Vancouver Westside, there were 62 sales of detached homes and 699 active listings at the end of September. The benchmark sale price was $3,624,300, with an average days on market of 31. The hottest market for sales was Dunbar with 12 sales.
In comparison, the condo market had 331 sales, 931 active listings and a benchmark sale price of $683,200 with 21 average days on market. The hottest market for sales was Downtown VW, 69 sales.
Townhome sales were 31, active listings were 113. The benchmark sale price was $1,116,300 with an average days on market of 17. Fairview VW with 10 sales was the hottest market in September.
It’s a buyer’s market for single family homes.
Source from Macrealty.com
Richmond detached house price is staying strong, but sales to active ratio has dropped 54% comparing to September last year. Please contact Richmond Realtor-Ivy Shih if you have any Richmomd Real Estate questions.