Average 2007 sales - 171 units/mth, Average 2006 sale -167 units/mth
| Month | Active | sold | Absoprtion |
| Mar/08 | 690 units | 157 units | 4.39 |
| Feb/08 | 580 units | 144 units | 4.03 |
The Richmond condo market is showing a slightly longer time period to sell from 4.03 months to 4.30 months. Condo listings in Richmond are now showing 22.8% probability of being sold. This market segment is expected to be the first sector experiencing pricing pressure if inventory continue to increase.
Click here for current real estate information in Richmond, BC.
If you like to find out more information on the Richmond real estate market, you can contact James Wong 604-721-4817 at Remax Westcoast Realty.
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James Wong Richmond BC Realtor > Richmond Remax Realtor> Remax Westcoast > Richmond homes for sale, Richmond BC townhouses, Richmond BC condos > Vancouver mortgage broker > Richmond mortgage broker.
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