Richmond Real Estate Market Update – May 2025

Buyer's Market Absorption rate: 1.6%
← April 2025 Next month →
247
Units Sold
▲ 20.5% vs prev month
$1,138,073
Avg Sold Price
▼ 1.5% vs prev month
35d
Avg Days on Market
Buyer's Market
Market Condition
15,765 active listings at start of month 728 new listings Absorption: 1.6% Highest: $3,950,000 Lowest: $245,000

How Does May 2025 Compare?

Period Units Sold Avg Price Avg DOM
May 2025 247 $1,138,073 35
April 2025 205
▲ 20.5%
$1,155,671
▼ 1.5%
33
May 2024 (YoY) 276
▼ 10.5%
$1,255,438
▼ 9.3%
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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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