RESIDER

Terra Nova Market Stats

Richmond, British Columbia

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Terra Nova

Log in Buyer's market: listings outpace sales, which historically puts downward pressure on prices. Seller's market at 20% or higher, balanced 12–20%, buyer's under 12%.

Closed home sales over the past month

Terra Nova recorded 1 closed sales in September 2026 at a median of $2.17M. The sales-to-active ratio was 4%. 28 homes were listed as of Oct 15, 2026.

Median sold · Sep 2026
$2.17M
Sales · Sep 2026
1
Median sold · 30 days
—
Sales · 30 days
0
Inventory · Oct 15
28
Sales / actives · Sep 2026
3.6%
How these figures are calculated

Sales count MLS® closings with a close date in the window. New listings count contracts dated in the window, including listings that later sold or expired.

Inventory is the number of active residential listings as of the nightly snapshot, not a live feed. Calendar-month inventory is the last snapshot in that month, matching board month-end reporting.

Sales-to-active is sales divided by inventory. Greater Vancouver REALTORS® treat 20% or higher as seller’s-market pressure, 12–20% as balanced, and under 12% as buyer’s-market pressure. Months of inventory is inventory divided by the monthly sales pace.

Median sold price, price per square foot, days on market, and percent of original list price are calculated from closed sales in the window. These are not MLS® Home Price Index benchmark prices.

Terra Nova housing market report: September 2026

Covers MLS® closings from to . Inventory as of .

1 home sold in Terra Nova in September 2026 at a median price of $2,170,000, typically after 55 days on market. The sales-to-active ratio was 3.3%.

Terra Nova market statistics for September 2026
Metric Sep 2026
# Sold 1
% Above ask Log in
Median sold $2.17M
Avg sold $2.17M
Median $/sqft $789
Dollar volume $2.17M
Median discount Log in
Median DOM 55
Inventory 30
Months inv. 30
Abs. rate 3.3%
New listings 7

Calculated by Resider from MLS® closings reported by Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board and the Chilliwack and District Real Estate Board. Not MLS® Home Price Index benchmarks.

Area features

  • Dykes and parks

    West and south dyke trails, Garry Point, and Garden City lands support walking and cycling.

  • Steveston

    Historic fishing village character, waterfront boardwalk, and lower-rise housing near the South Arm.

  • Airport adjacency

    YVR shapes employment and noise/flight-path considerations for nearby neighbourhoods.

Transit and commuting

  • SkyTrain (Canada Line)

    Bridgeport, Capstan, Aberdeen, Lansdowne, Richmond–Brighouse; airport branch via Templeton, Sea Island Centre, YVR–Airport.

  • Bus

    Local routes to Steveston, east Richmond, and Bridgeport exchange.

Canada Line is the primary commute to downtown Vancouver and the airport. Steveston and some eastern neighbourhoods remain more bus- and car-oriented.

Source: TransLink

Demographics

City of Richmond (census subdivision)

Population
209,937 (2021)
Median household income
$71,000 (2020)
Households
81,080 (2021)

Popular searches in Terra Nova

Terra Nova real estate FAQ

What was the median sold price in Terra Nova last month?
The median sold price in Terra Nova was $2.17M in September 2026, based on 1 closed MLS® sales.
Is Terra Nova a buyer’s or seller’s market?
The sales-to-active ratio in Terra Nova was 3.3% in September 2026. Greater Vancouver REALTORS® treat 20% or higher as seller’s-market pressure, 12–20% as balanced, and under 12% as buyer’s-market pressure.
How many homes are listed in Terra Nova?
28 active residential listings were counted in Terra Nova as of October 15, 2026.
Are there homes for sale in Terra Nova?
Yes. Resider lists active MLS® homes for sale in Terra Nova, Richmond, with filters for houses, townhouses, and condos, plus sold-price market stats for the neighbourhood.
How do I see market stats for Terra Nova?
This page shows closed sales, median sold prices, days on market, price per square foot, and active inventory for Terra Nova. Compare with the wider Richmond market from the parent area page.
Are there homes for sale in Richmond?
Yes. Resider shows active MLS® listings in Richmond, British Columbia, including houses, townhouses, and condominiums, with sold-price market stats on this page.
What market stats can I see for Richmond?
This page reports closed sales volume, median and average sold prices, days on market, price per square foot, price trends, and active inventory for Richmond.
What is Richmond known for?
Richmond is known for Canada Line access, YVR, Steveston Village, and one of Canada’s most diverse food scenes around No. 3 Road.
What is commuting like from Richmond?
Canada Line trips to downtown Vancouver are direct from Brighouse-corridor stations. Airport workers often use the YVR branch.