Richmond Real Estate Market Update – February 2022

Buyer's Market Absorption rate: 8.2%
← January 2022 Next month →
439
Units Sold
▲ 21.9% vs prev month
$1,237,366
Avg Sold Price
▲ 3.3% vs prev month
22d
Avg Days on Market
Buyer's Market
Market Condition
5,381 active listings at start of month 679 new listings Absorption: 8.2% Highest: $3,970,000 Lowest: $222,000

How Does February 2022 Compare?

Period Units Sold Avg Price Avg DOM
February 2022 439 $1,237,366 22
January 2022 360
▲ 21.9%
$1,197,895
▲ 3.3%
36
February 2021 (YoY) 547
▼ 19.7%
$1,118,747
▲ 10.6%
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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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