Richmond Market Report

$1,814,965

AVERAGE PRICE OF 990 HOMES

$2,443,661

AVERAGE PRICE OF 629 MULTI-MILLION DOLLAR HOMES

$1,635,059

AVERAGE PRICE OF 222 NEWLY BUILT HOMES

$1,370,265

AVERAGE PRICE OF 214 HOMES WITH A POOL

$1,640,924

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $1,814,965
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.92 baths

Average Price by Bedrooms

1 bedroom $683,447
2 bedrooms $982,514
3 bedrooms $1,585,652
4 bedrooms $2,037,423
5 bedrooms $3,196,273
Richmond Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,013 1,000 995 928 808
Average Price $1,776,282 $1,718,957 $1,717,421 $1,755,995 $1,757,941
Avg Price Change +3.33% +0.09% -2.25% -0.11% +0.70%
Median Price $1,252,417 $1,256,090 $1,257,229 $1,267,767 $1,244,562
Med Price Change -0.29% -0.09% -0.84% +1.86% +0.90%
Avg Bedrooms 3.14 beds 3.09 beds 3.11 beds 3.17 beds 3.21 beds
Avg Bathrooms 2.87 baths 2.79 baths 2.79 baths 2.86 baths 2.92 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 990 $1,814,965 67 days
Multi-Million Dollar Homes 629 $2,443,661 75 days
Newly Built Homes 222 $1,635,059 66 days
Homes with a Pool 214 $1,370,265 51 days
Reduced Price Homes 25 $1,640,924 49 days
MIMLS

The data relating to real estate on this website comes in part from the mls reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the mls reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver.

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