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Richmond Market Report

$1,382,414

AVERAGE PRICE OF 1,605 HOMES

$2,225,376

AVERAGE PRICE OF 734 MULTI-MILLION DOLLAR HOMES

$1,619,169

AVERAGE PRICE OF 376 NEWLY BUILT HOMES

$908,913

AVERAGE PRICE OF 386 HOMES WITH A POOL

$911,576

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $1,382,414
Avg Bedrooms 3.12 beds
Avg Bathrooms 2.82 baths

Average Price by Bedrooms

1 bedroom $510,884
2 bedrooms $724,586
3 bedrooms $1,220,483
4 bedrooms $1,886,459
5 bedrooms $2,568,393
Richmond Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 1,689 1,684 1,600 1,558 1,500
Average Price $1,359,606 $1,325,581 $1,323,487 $1,311,013 $1,304,669
Avg Price Change +2.57% +0.16% +0.95% +0.49% -2.19%
Median Price $951,946 $935,039 $935,241 $935,803 $946,413
Med Price Change +1.81% -0.02% -0.06% -1.13% -1.06%
Avg Bedrooms 3.11 beds 3.07 beds 3.08 beds 3.05 beds 3.07 beds
Avg Bathrooms 2.85 baths 2.83 baths 2.84 baths 2.81 baths 2.82 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,605 $1,382,414 88 days
Multi-Million Dollar Homes 734 $2,225,376 110 days
Newly Built Homes 376 $1,619,169 93 days
Homes with a Pool 386 $908,913 82 days
Reduced Price Homes 43 $911,576 70 days
Macdonald Realty Westmar - Rick Bowal & Associates
Rick Bowal
604-537-5792

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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