Richmond House Market Report – November 2024

Q: How many homes sold in Richmond in November 2024?

58 house properties sold in Richmond during November 2024 based on MLS® records. There were 4,959 active listings at the start of the month. A total of 102 new listings came to market during the month.

Q: What is the average home price in Richmond?

The average house sold price in Richmond in November 2024 was $2,117,350. Sold prices ranged from $86,000 to $4,047,619. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Richmond?

In November 2024, house properties in Richmond averaged 73 days on the market before selling. With an absorption rate of 1.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Richmond market changed compared to last year?

The average house sold price in Richmond in November 2024 was $2,117,350, up 0.3% year-over-year compared to November 2023 ($2,111,049). Sales volume was up 26.1% compared to the same month last year. Data is sourced from MLS® sold records.

Richmond is an active house market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Richmond based on MLS® data.

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Units Sold

$2,117,350

Avg Sold Price

73d

Avg Days on Market

Buyer's Market

Market Condition

4,959 active at start of month 102 new listings Absorption rate: 1.2% Highest sold: $4,047,619 Lowest sold: $86,000

How Does November 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
November 2024 (this report)	58	$2,117,350	73d
October 2024 month prior	89 -34.8%	$2,142,398 -1.2%	35d +108.6%
November 2023 year ago	46 +26.1%	$2,111,049 +0.3%	—

3-Year Price Trend — Richmond House

The Richmond house real estate market was a Buyer's Market in November 2024, with 4,959 active listings at the start of the month, 58 properties sold, an average sold price of $2,117,350, properties averaging 73 days on market, an absorption rate of 1.2%. All data is sourced from MLS® sold records.

Recently Sold in Richmond

9399 Mccutcheon Place

Sold $1,950,000

4 bd • 5 ba • House

2200 Wellington Crescent

10571 Trepassey Drive

Active Listings in Richmond

2240 Douglas Crescent

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Richmond specialist

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Related: Richmond House Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Richmond November 2024

Is it a good time to buy in Richmond? −

In November 2024, the Richmond house real estate market is classified as a Buyer's Market with an absorption rate of 1.2%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Richmond in November 2024? +

What is the average home price in Richmond? +

How long are homes sitting on the market in Richmond? +

How has the Richmond market changed compared to last year? +

Last Update: 06/03/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.