Richmond Real Estate Market Update – March 2022

Buyer's Market Absorption rate: 9.3%
← February 2022 Next month →
521
Units Sold
▲ 18.7% vs prev month
$1,207,886
Avg Sold Price
▼ 2.4% vs prev month
17d
Avg Days on Market
Buyer's Market
Market Condition
5,620 active listings at start of month 882 new listings Absorption: 9.3% Highest: $6,318,000 Lowest: $190,000

How Does March 2022 Compare?

Period Units Sold Avg Price Avg DOM
March 2022 521 $1,207,886 17
February 2022 439
▲ 18.7%
$1,237,366
▼ 2.4%
22
March 2021 (YoY) 734
▼ 29%
$1,099,930
▲ 9.8%
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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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