As seen in...
Westcoast Condominium
Head over the Oak Street Bridge and you will discover a Richmond condo market still going strong, but head further south to Ladner and Tswassassen and there’s a different story to tell. Sales in Richmond were up 2.5 per cent in June over May but down 44 per cent in South Delta. That trend is playing out in year-over-year stats too. Condo sales in Richmond from April to June 2016 are almost 72 per cent over the same three-month period last year. But in South Delta, they are down by 27.5 per cent.
Boyd Park
This is a great neighbourhood for sports fanatics with its location close to playing fields, tennis and basketball courts, and a pitch and putt. $179,900 is the least you’re likely to spend to live here according to the current listings. The area’s most expensive condo listing is $668,000 for a three-bedroom in Countryside.
A one-bedroom in Cherry Tree Lane sold last month for five per cent under its $249,900 asking price. Likely happier were the sellers of a two-bedroom home in Apple Green Park who only had to wait two days before closing a deal 11 per cent over their $239,000 list price.
Hawthorne
All of Ladner’s village charm is within easy reach of this neighbourhood. Westham Lane has the most affordable Hawthorne listing at the moment: $375,000 for a two-bedroom unit. There are only a handful of choices currently in this community with the most expensive option being a three-bedroom home in Oasis which is listed at $479,000.
Our information shows two neighbourhood condos changing hands in June. A one-bedroom in Ladner Pointe sold for two per cent over its $324,900 price while a two-bedroom in the same complex went for three per cent under its $489,900 price.
For a full summary of the Richmond condo market in June 2016, check out our infographic below.
Richmond condo market snapshot June 2016
