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Westcoast Condominium
January is not known as a great month in real estate terms; there is less product on the market and much of it you have likely already seen if you’ve been on the hunt for long. But Richmond and South Delta condo seekers can celebrate that the new year is also showing a healthy percentage of new homes coming available with 53 listings a week or less old at the time of writing. Richmond’s Brighouse neighbourhood is home to both the highest and the lowest priced new listings: $3.69M for a three-year-old, three-bedroom River Green condo that came on the market January 11 and $285K for a 35-year-old, two-bedroom in Lansdowne Greene also listed January 11.
Recent quick sales in the Brighouse community include a two-bedroom condo in Centre Point that spent five days on the market before selling January 4 for five per cent under its $538,000 list price. Further south in Ladner, a two-bedroom unit in Seafarer Marine Estates lasted nine days before its sellers accepted an offer two per cent over their $519,900 asking price.
West Cambie
Located just north of Richmond’s city centre and across the river from the airport, West Cambie is a neighbourhood with many new condo buildings. There are 43 active listings here, with five of these put on the market within the last week. These include a two-bedroom in Mayfair Place listed January 14 for $525,000, three two-bedrooms in the now under-construction Alexandra Court ranging from $359,900 to $434,900, and another two-bedroom in Aberdeen Residence for $415,000.
A January 4 sale at Alexandra Court indicates Polygon is closing sales for list price. This two-bedroom unit spent two days on the market before selling for its $389,900 asking price. Meanwhile, a one-bedroom at Aberdeen Residence also sold January 4 for six per cent below its $379,900 sticker price.
Hawthorne
This historic Ladner neighbourhood is close to shops and amenities; there are currently two active listings here. Both are two-level condos with mountain views in the Ladner Pointe complex. A three-bedroom home went on the market January 11 for $469,900 while a two-bedroom was listed January 3 for $384,900.
Richmond Condo Market Snapshot
