Richmond
Richmond Housing Market Report
All types - for the month of March
Buyer's market Seller's market
MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.
DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.
Total Active Listings*
- active
New
-
Relisted
-
Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -
Total Sold Listings*
- sold
Median Sold Price
-
Avg Days on Market
- days
Median Bidding
-
Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Richmond - All types
Sold vs Active vs New vs Relisted - Richmond - All types
Sold Price Distribution - Richmond - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Richmond - All types
Property type distribution based on data from the last 3 months.
Median Price - Richmond - All types
Just listed - Richmond
View all
Population and Demographics
Overview
Total population 213914
Average household income $113,382
Age (%)
50 to 64
22%
20 to 34
21%
65 and plus
20%
35 to 49
19%
0 to 19
18%
Household composition (%)
Single family
66%
Single person
28%
Multi person
5%
Multi family
1%
Mother tongue (%)
English
35%
Yue (Cantonese)
23%
Mandarin
23%
Others
5%
Tagalog (Pilipino, Filipino)
4%
Punjabi (Panjabi)
2%
Min Nan (Chaochow, Teochow, Fukien, Taiwanese)
1%
House tenancy (%)
Owners
71%
Renters
29%
Top 5 Schools in Richmond
St Joseph the Worker4451 Williams Rd, V7E 1J7, Richmond, BC
9/10
Private•K-7
Archibald Blair Elementary6551 Lynas Lane, V7C 3K8, Richmond, BC
8.8/10
Public•K-7
Cornerstone Christian Academy7890 No. 5 Rd, V6Y 2V2, Richmond, BC
8.8/10
Private•K-7
James McKinney Elementary10451 Lassam Rd, V7E 2C2, Richmond, BC
8.7/10
Public•K-7
St Paul School8251 St. Albans Rd, V6Y 2L2, Richmond, BC
8.5/10
Private•K-7