Richmond Real Estate Market Update – February 2025

Buyer's Market Absorption rate: 1.4%
← January 2025 Next month →
196
Units Sold
▲ 3.2% vs prev month
$1,207,308
Avg Sold Price
▲ 8% vs prev month
31d
Avg Days on Market
Buyer's Market
Market Condition
14,362 active listings at start of month 593 new listings Absorption: 1.4% Highest: $5,380,000 Lowest: $282,800

How Does February 2025 Compare?

Period Units Sold Avg Price Avg DOM
February 2025 196 $1,207,308 31
January 2025 190
▲ 3.2%
$1,117,886
▲ 8%
48
February 2024 (YoY) 250
▼ 21.6%
$1,329,855
▼ 9.2%
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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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