South Arm
RICHMOND, BC
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Life in South Arm
South Arm is part of Richmond and is 16.2 km from Downtown Vancouver and 7.3 km from the Vancouver International Airport. There are 3 schools in South Arm including Hugh McRoberts Secondary, James Whiteside Elementary, and William Bridge Elementary.
There are currently 21 homes for sale in South Arm made up of condos, townhomes and houses with an average list price of $1,545,352. An average House in South Arm has 5 bedrooms, is 3,365 SF and lists for $2,948,400. House prices range from $1,869,000 - $3,529,000.
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South Arm Market Intelligence
Last updated October 30, 2024 at 01:28am -07:00
Market Summary
Chart Information
The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.
Average Sale Price
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Sales
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Active Listings
21
Oct 30, 2024
Sales-To-Listing Ratio
14
%
Balanced Market
Average Days On Market
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CURRENT MARKET CONDITIONS
Chart Information
The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.
CONDOS
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TOWNHOMES
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HOUSES
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Your South Arm Specialist
advisor
Jeevan is a market expert in South Arm
