Richmond Real Estate Market Update – September 2023

Buyer's Market Absorption rate: 2.6%
← August 2023 Next month →
250
Units Sold
▼ 16.7% vs prev month
$1,225,795
Avg Sold Price
▲ 7.5% vs prev month
33d
Avg Days on Market
Buyer's Market
Market Condition
9,683 active listings at start of month 575 new listings Absorption: 2.6% Highest: $5,000,000 Lowest: $275,000

How Does September 2023 Compare?

Period Units Sold Avg Price Avg DOM
September 2023 250 $1,225,795 33
August 2023 300
▼ 16.7%		 $1,140,414
▲ 7.5%		 34
September 2022 (YoY) 208
▲ 20.2%		 $1,087,657
▲ 12.7%		 —
More Richmond market intel: New Listings This Week → Price Reductions → Sold Over Asking → All Updates →
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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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