Richmond Real Estate Market Update – July 2020

Seller's Market Absorption rate: 20.1%

← June 2020 Next month →

363

Units Sold

▲ 22.6% vs prev month

$960,186

Avg Sold Price

▼ 2.5% vs prev month

41d

Avg Days on Market

Seller's Market

Market Condition

1,806 active listings at start of month 604 new listings Absorption: 20.1% Highest: $3,476,190 Lowest: $166,500

How Does July 2020 Compare?

Period	Units Sold	Avg Price	Avg DOM
July 2020	363	$960,186	41
June 2020	296 ▲ 22.6%	$984,780 ▼ 2.5%	49

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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