So, the numbers are out, so lets take a look at whats been happening in our home town of Richmond BC for the month of November

For single family homes, it was a benchmark price of 2.11M, which represents a almost a 2% decrease from last year

Both sales and new listings are also down and likely to be the same inventory going into december.  

Sales ratio for homes is at 14%, (balanced market). Not too shabby for November.  

Most popular neighgbourhood right now: The Boyd Park area and Steveston South, both seeing close to a 50% sales ratio

And if you're looking to buy a  property, you may want to start the new year by checking out the mcnair area and the 24 properties they have on the market .

FOr condos and townhomes, a blanaced market with a 16% sales ratio
Usually we don't see a lot of 4 bedroom townhouses on the market, but for the entire city,  theres quite a bit so that might be something to check out if you're looking for more space.

And if yo uhavea condo between that 4-5 hundred k range, thats likely to sell within 2 weeks.  Thats a very good thing if you want good control on the purchase end.  

Most popular area: the riverdale condos showing close to a 40% sales ratio and selling at 99% of the listing price. 
And if you're looking at buying a property, you may want to check out the the condos and townhouse at Boyd.  Just a moment ago we said the boyd park is the busiest area for single family homes. For condos its the completely opposite. 

richmond realtor
richmond real estate
richmond townhomes
richmond homes for sale
richmond condos for sale
steveston homes for sale
steveston townhomes for sale
ironwood homes for sale
ironwood townhomes for sale