Richmond Real Estate Market Update – May 2026

Buyer's Market Absorption rate: 0.7%
← April 2026
144
Units Sold
▼ 38.7% vs prev month
$1,053,819
Avg Sold Price
▲ 4% vs prev month
39d
Avg Days on Market
Buyer's Market
Market Condition
20,450 active listings at start of month 637 new listings Absorption: 0.7% Highest: $3,238,095 Lowest: $301,000

How Does May 2026 Compare?

Period Units Sold Avg Price Avg DOM
May 2026 144 $1,053,819 39
April 2026 235
▼ 38.7%		 $1,013,066
▲ 4%		 46
May 2025 (YoY) 247
▼ 41.7%		 $1,138,073
▼ 7.4%		 —
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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