Richmond Real Estate Market Update – April 2024

Buyer's Market Absorption rate: 2.8%
← March 2024 Next month →
310
Units Sold
▲ 0.6% vs prev month
$1,215,848
Avg Sold Price
▼ 0.2% vs prev month
24d
Avg Days on Market
Buyer's Market
Market Condition
11,200 active listings at start of month 783 new listings Absorption: 2.8% Highest: $5,052,351 Lowest: $218,000

How Does April 2024 Compare?

Period Units Sold Avg Price Avg DOM
April 2024 310 $1,215,848 24
March 2024 308
▲ 0.6%		 $1,218,609
▼ 0.2%		 27
April 2023 (YoY) 388
▼ 20.1%		 $1,241,942
▼ 2.1%		 —
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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