Richmond Real Estate Market Update – February 2023

Buyer's Market Absorption rate: 3.3%
← January 2023 Next month →
277
Units Sold
▲ 66.9% vs prev month
$1,266,120
Avg Sold Price
▲ 17.4% vs prev month
41d
Avg Days on Market
Buyer's Market
Market Condition
8,274 active listings at start of month 450 new listings Absorption: 3.3% Highest: $5,330,000 Lowest: $274,800

How Does February 2023 Compare?

Period Units Sold Avg Price Avg DOM
February 2023 277 $1,266,120 41
January 2023 166
▲ 66.9%
$1,078,365
▲ 17.4%
40
February 2022 (YoY) 439
▼ 36.9%
$1,237,366
▲ 2.3%
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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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