Richmond Real Estate Market Update – October 2023

Buyer's Market Absorption rate: 2%
← September 2023 Next month →
198
Units Sold
▼ 20.8% vs prev month
$1,172,755
Avg Sold Price
▼ 4.3% vs prev month
29d
Avg Days on Market
Buyer's Market
Market Condition
10,008 active listings at start of month 517 new listings Absorption: 2% Highest: $4,000,000 Lowest: $270,000

How Does October 2023 Compare?

Period Units Sold Avg Price Avg DOM
October 2023 198 $1,172,755 29
September 2023 250
▼ 20.8%
$1,225,795
▼ 4.3%
33
October 2022 (YoY) 244
▼ 18.9%
$1,067,118
▲ 9.9%
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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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