Richmond Real Estate Market Update – March 2023

Buyer's Market Absorption rate: 4%
← February 2023 Next month →
340
Units Sold
▲ 22.7% vs prev month
$1,162,899
Avg Sold Price
▼ 8.2% vs prev month
33d
Avg Days on Market
Buyer's Market
Market Condition
8,447 active listings at start of month 442 new listings Absorption: 4% Highest: $3,809,607 Lowest: $239,000

How Does March 2023 Compare?

Period Units Sold Avg Price Avg DOM
March 2023 340 $1,162,899 33
February 2023 277
▲ 22.7%
$1,266,120
▼ 8.2%
41
March 2022 (YoY) 521
▼ 34.7%
$1,207,886
▼ 3.7%
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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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