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What Richmond penthouses sold for

Richmond condos sold, penthouses and all condos
MeasurePenthousesAll condos
Sales601,218
Median price$638,000$598,000
Middle half of prices$534,250 to $731,250$500,000 to $725,000
Price per square foot$701$732
Median floor area972 sq ft862 sq ft
Median bedrooms22
Median year built20052010
Strata fee a month$542$517
Days to sell3030
Sold price as a share of list price97.1%96.5%
Sales over the list price2%6%

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Per square foot a penthouse cost $701, which is 4% less than the $732 for condos as a whole. The typical penthouse was 972 square feet, against 862 for all condos; its strata fee ran $542 a month against $517. The penthouses were larger, so part of the price gap is size.

Richmond penthouses sold, by period
PeriodSalesMedian price
November 2025 to January 202613$578,000
February to April 202618$674,000
May to July 202618$669,500
August to October 202611$679,000

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Richmond penthouses sold, by price range
Price rangePenthousesAll condos
Under $500,00011294
$500,000 to $749,99936675
$750,000 to $999,99910208
$1,000,000 to $1,499,999335
$1,500,000 to $1,999,99903
$2,000,000 and over03

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

Richmond neighbourhoods with penthouse sales

Brighouse had the most penthouse sales, then West Cambie and Steveston South. Where a median price is missing, fewer than 5 penthouses sold.

Richmond penthouses sold, by neighbourhood
NeighbourhoodPenthouse salesMedian pricePrice per sq ftStrata fee a monthMedian price, all condos
Brighouse15$730,000$607$558$620,000
West Cambie12$638,000$797$530$636,500
Steveston South10$679,000$717$529$677,000
Brighouse South8$530,000$490$420$520,000
Ironwood6$532,500$654$612$532,500
Hamilton4———$591,000

Source: Paragon closed and pending sales, November 1, 2025 to October 31, 2026. How these figures are defined and sourced

The MLS® Home Price Index benchmark for an apartment in Richmond was $625,700 in October 2026, 8.8% down over twelve months. The benchmark is the price of a typical apartment, not a median of sales.

5% of Richmond penthouses sold for $1,000,000 or more, compared with 3% of all condos in the same months.

About buying a top-floor home in Richmond

Richmond’s 49 kilometres of dikes protect the city, and Richmond Fire-Rescue says pockets of liquefaction are possible in a significant earthquake. Before you offer, ask the strata about building insurance, the depreciation report and any past water damage.

Before you offer on a Richmond penthouse

  • Request the depreciation report and look at the roof line first, because a top-floor owner shares that bill before anyone else sees the effects.
  • Ask whether the building has had leaks through the roof or windows, and what deductible the strata’s insurance carries.
  • If the home comes with outdoor space on the roof, check the strata plan to see whether it is yours, limited common property, or common.
  • Stand in the unit on a hot afternoon. A top floor with a south or west exposure can run warm, and some stratas restrict air conditioners.
  • Compare the building’s fee with the $542 a month median for Richmond penthouses and $517 for all condos. A fee well above that deserves a look at what it covers. The median Richmond penthouse sold was built in 2005.

Estimate the payment on a Richmond penthouse

The calculator starts at the Richmond penthouse median of $638,000.

This is an estimate for planning, not a quote or advice. It uses only the numbers on this form. Nothing you enter is sent or saved. Ask your lender or mortgage broker for the rate and terms that apply to you.

20% or more avoids mortgage default insurance.
Enter the rate you were quoted. Rates change often, so none is filled in.
Property transfer tax exemption Both exemptions have conditions. The estimate assumes every buyer on title qualifies.

Enter a home price to see the estimate.

Property transfer tax and exemptions follow the Government of BC pages on the property transfer tax, first-time buyer exemption and newly built home exemption. Insurance premiums follow the CMHC premium table. Fixed-rate mortgages compound semi-annually. Not included: legal fees, strata fees, property tax, GST on new homes, the 20% additional tax for foreign buyers, and adjustments on completion.

Richmond penthouses: your questions answered

How much does a penthouse cost in Richmond?

The 60 penthouses that sold between November 1, 2025 and October 31, 2026 had a median of $638,000, with the middle half between $534,250 and $731,250. All Richmond condos had a median of $598,000.

How does a Richmond penthouse compare in price with other condos?

A penthouse cost 7% more at the median, or $701 a square foot against $732 for all condos. Compare the floor area, the strata fee and the roof or terrace before you decide.

How fast do Richmond penthouses sell?

30 days at a median, closing at 97.1% of list, with 2% over the list price.

What counts as a penthouse in Richmond?

60 of the 1,218 Richmond condo sales carried Penthouse in the style field, most of them in Brighouse (15 sales). The listing agent enters that, so some top-floor homes are unmarked and a marked one is not always on the very top floor.

Do Richmond penthouses have higher strata fees?

The median strata fee was $542 a month for penthouses and $517 for all condos.

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

  • 5 out of 5 stars

    “Working with Jared on a condo transaction was exactly the kind of experience that reminds you why collaboration in this industry can be so rewarding. He represented the listing side, and I represented the buyer…”

    M.A. Google review

  • 5 out of 5 stars

    “Highly recommend Jared and his team. He made listing and selling my condo easy. Jared is a great negotiator with lots of experience! Very happy with the results.”

    K.H. 20 Apr 2026 · Google review

  • 5 out of 5 stars

    “We have bought 3 houses with Jared! Very knowledgeable, always willing to go the extra mile!”

    N.S. Google review

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