Richmond Real Estate Market Update – January 2024

Buyer's Market Absorption rate: 1.8%
← December 2023 Next month →
194
Units Sold
▲ 20.5% vs prev month
$1,348,397
Avg Sold Price
▲ 20.7% vs prev month
48d
Avg Days on Market
Buyer's Market
Market Condition
10,510 active listings at start of month 427 new listings Absorption: 1.8% Highest: $8,000,000 Lowest: $208,000

How Does January 2024 Compare?

Period Units Sold Avg Price Avg DOM
January 2024 194 $1,348,397 48
December 2023 161
▲ 20.5%
$1,117,422
▲ 20.7%
42
January 2023 (YoY) 166
▲ 16.9%
$1,078,365
▲ 25%
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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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