Richmond Real Estate Market Update – November 2024

Buyer's Market Absorption rate: 1.6%
← October 2024 Next month →
225
Units Sold
▼ 14.8% vs prev month
$1,148,775
Avg Sold Price
▼ 10.9% vs prev month
49d
Avg Days on Market
Buyer's Market
Market Condition
13,720 active listings at start of month 453 new listings Absorption: 1.6% Highest: $4,047,619 Lowest: $86,000

How Does November 2024 Compare?

Period Units Sold Avg Price Avg DOM
November 2024 225 $1,148,775 49
October 2024 264
▼ 14.8%		 $1,289,846
▼ 10.9%		 36
November 2023 (YoY) 172
▲ 30.8%		 $1,179,089
▼ 2.6%		 —
More Richmond market intel: New Listings This Week → Price Reductions → Sold Over Asking → All Updates →
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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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