Richmond Real Estate Market Update – November 2022

Buyer's Market Absorption rate: 2.3%
← October 2022 Next month →
181
Units Sold
▼ 25.8% vs prev month
$1,146,809
Avg Sold Price
▲ 7.5% vs prev month
39d
Avg Days on Market
Buyer's Market
Market Condition
7,879 active listings at start of month 313 new listings Absorption: 2.3% Highest: $3,657,500 Lowest: $248,000

How Does November 2022 Compare?

Period Units Sold Avg Price Avg DOM
November 2022 181 $1,146,809 39
October 2022 244
▼ 25.8%
$1,067,118
▲ 7.5%
32
November 2021 (YoY) 448
▼ 59.6%
$1,136,413
▲ 0.9%
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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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