Richmond Real Estate Market Update – January 2023

Buyer's Market Absorption rate: 2.1%
← December 2022 Next month →
166
Units Sold
▲ 10.7% vs prev month
$1,078,365
Avg Sold Price
▲ 4% vs prev month
40d
Avg Days on Market
Buyer's Market
Market Condition
8,005 active listings at start of month 435 new listings Absorption: 2.1% Highest: $3,332,800 Lowest: $145,000

How Does January 2023 Compare?

Period Units Sold Avg Price Avg DOM
January 2023 166 $1,078,365 40
December 2022 150
▲ 10.7%
$1,037,029
▲ 4%
52
January 2022 (YoY) 360
▼ 53.9%
$1,197,895
▼ 10%
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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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