Richmond Real Estate Market Update – December 2022

Buyer's Market Absorption rate: 1.9%
← November 2022 Next month →
150
Units Sold
▼ 17.1% vs prev month
$1,037,029
Avg Sold Price
▼ 9.6% vs prev month
52d
Avg Days on Market
Buyer's Market
Market Condition
8,012 active listings at start of month 143 new listings Absorption: 1.9% Highest: $3,080,000 Lowest: $243,000

How Does December 2022 Compare?

Period Units Sold Avg Price Avg DOM
December 2022 150 $1,037,029 52
November 2022 181
▼ 17.1%
$1,146,809
▼ 9.6%
39
December 2021 (YoY) 323
▼ 53.6%
$1,182,453
▼ 12.3%
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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.

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