Richmond Real Estate Market Update – February 2024

Buyer's Market Absorption rate: 2.3%
← January 2024 Next month →
250
Units Sold
▲ 28.9% vs prev month
$1,329,855
Avg Sold Price
▼ 1.4% vs prev month
41d
Avg Days on Market
Buyer's Market
Market Condition
10,743 active listings at start of month 454 new listings Absorption: 2.3% Highest: $5,276,190 Lowest: $235,000

How Does February 2024 Compare?

Period Units Sold Avg Price Avg DOM
February 2024 250 $1,329,855 41
January 2024 194
▲ 28.9%
$1,348,397
▼ 1.4%
48
February 2023 (YoY) 277
▼ 9.7%
$1,266,120
▲ 5%
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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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