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Richmond

Why you'd want to live in Richmond

The City of Richmond is located on Canada's Pacific Coast in the province of British Columbia. Richmond is a unique island city, favourably located within Metro Vancouver in close proximity to downtown Vancouver and the U.S. border. It comprises a series of islands nested in the mouth of the Fraser River with the coastal mountain range as a backdrop. The islands include Sea Island, most of Lulu Island and 15 smaller islands. Richmond has undergone enormous change over the last several decades, with significant growth in the early 1990s. Today, Richmond is a dynamic, multi-ethnic community. Much of the recent population growth has been made up of Asian immigrants. People of Chinese or South Asian ancestry represent more than 60 per cent of Richmond residents. Newcomers have contributed significantly to the growth of the small business and retail sectors and have added to the diversity and vibrancy of the city of Richmond. via richmond.ca

Richmond Market Report

$1,725,809

AVERAGE PRICE OF 1,376 HOMES

$2,367,156

AVERAGE PRICE OF 832 MULTI-MILLION DOLLAR HOMES

$1,850,668

AVERAGE PRICE OF 242 NEWLY BUILT HOMES

$1,378,558

AVERAGE PRICE OF 298 HOMES WITH A POOL

$1,238,684

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $1,725,809
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $653,461
2 bedrooms $1,005,654
3 bedrooms $1,522,565
4 bedrooms $2,124,738
5 bedrooms $3,025,276
Richmond Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,174 1,065 1,000 956 1,122
Average Price $1,765,814 $1,818,305 $1,822,031 $1,849,018 $1,777,663
Avg Price Change -2.97% -0.20% -1.48% +4.01% +1.48%
Median Price $1,245,978 $1,252,910 $1,263,865 $1,283,833 $1,249,396
Med Price Change -0.56% -0.87% -1.58% +2.76% -0.49%
Avg Bedrooms 3.17 beds 3.22 beds 3.25 beds 3.25 beds 3.18 beds
Avg Bathrooms 2.9 baths 2.94 baths 2.96 baths 2.95 baths 2.88 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,376 $1,725,809 65 days
Multi-Million Dollar Homes 832 $2,367,156 72 days
Newly Built Homes 242 $1,850,668 79 days
Homes with a Pool 298 $1,378,558 64 days
Reduced Price Homes 25 $1,238,684 48 days
Faith Wilson | Christie's International Real Estate
Joe Lee Prec*
1838 West 1st Ave
Vancouver, BC V6J 1G5
604-224-5277

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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