Richmond Real Estate Market Update – December 2020

Buyer's Market Absorption rate: 9.1%

← November 2020 Next month →

278

Units Sold

▼ 22.1% vs prev month

$1,072,602

Avg Sold Price

▲ 10.8% vs prev month

58d

Avg Days on Market

Buyer's Market

Market Condition

3,047 active listings at start of month 287 new listings Absorption: 9.1% Highest: $3,000,000 Lowest: $250,000

How Does December 2020 Compare?

Period	Units Sold	Avg Price	Avg DOM
December 2020	278	$1,072,602	58
November 2020	357 ▼ 22.1%	$968,172 ▲ 10.8%	45

More Richmond market intel: New Listings This Week → Price Reductions → Sold Over Asking → All Updates →

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Last Update: 06/04/2026 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.

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