Richmond Luxury Houses for Sale Over $3M
There are currently 120 houses for sale in Richmond priced Over $3M. The median asking price is $3,779,000, averaging $1,304/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
120
Active Listings
2
Sold (30 days)
1.7%
Sales Ratio
Buyer's Market
$3.78M
Median Price
$1,304
Avg $/sqft
27
Avg Days
Market summary
The houses priced over $3m market in Richmond is currently a Buyer's Market with a 1.7% sales ratio — 2 homes sold against 120 active listings in the past 30 days. The median asking price is $3,779,000 ($1,304/sqft). Properties are selling within a month on average, averaging 27 days on the market.
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Richmond House With Suite Richmond House With Basement Richmond House New Construction 1 Bed House in Richmond 2 Bed House in Richmond 3 Bed House in Richmond 4 Bed House in Richmond 5 Bed House in RichmondMarket Activity by Neighbourhood — Richmond
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Broadmoor | 14 | 0 | 0% |
| Granville | 12 | 0 | 0% |
| Woodwards | 12 | 0 | 0% |
| Seafair | 11 | 0 | 0% |
| McLennan | 11 | 0 | 0% |
| Riverdale RI | 10 | 0 | 0% |
| Gilmore | 8 | 0 | 0% |
| East Richmond | 8 | 0 | 0% |
| Quilchena RI | 6 | 1 | 17% |
| Steveston North | 5 | 0 | 0% |
| Lackner | 5 | 0 | 0% |
| Saunders | 4 | 0 | 0% |
| McLennan North | 3 | 1 | 33% |
| Westwind | 3 | 0 | 0% |
| Garden City | 3 | 0 | 0% |
| Brighouse | 1 | 0 | 0% |
| Terra Nova | 1 | 0 | 0% |
| Boyd Park | 1 | 0 | 0% |
| South Arm | 1 | 0 | 0% |
| McNair | 1 | 0 | 0% |
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Market Reports
Frequently Asked Questions — Richmond
How many houses priced over $3m are for sale in Richmond?
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There are currently 120 houses priced over $3m listed for sale in Richmond. Listings are updated daily from the MLS® database.
How many houses have sold in Richmond in the past year?
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In the past 12 months, 51 houses have sold in Richmond, averaging about 27 days on market. Full sold prices and sold history are available to registered members — free to sign up. See the full Richmond Houses market report for monthly trends.
Is it a buyer's or seller's market for houses in Richmond?
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It is currently a Buyer's Market. With a 1.7% sales ratio, there are more houses available than buyers are purchasing, giving buyers more time and negotiating power. See the full Richmond Houses market report for monthly trends.
What is the median price of houses in Richmond?
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The median asking price for houses in Richmond is $3,779,000. The average price per sqft is $1,304. See the full Richmond Houses market report for monthly trends.
How long do houses take to sell in Richmond?
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Houses in Richmond are averaging 27 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
What qualifies as a luxury houses in Richmond?
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In Richmond, luxury houses are generally considered to be properties priced above $3 million. These homes typically feature premium finishes, larger lot sizes, high-end appliances, and desirable locations. There are currently 120 luxury houses listed for sale in Richmond.
Do luxury houses in Richmond negotiate on price?
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The luxury segment in Richmond tends to have fewer competing buyers, which can give purchasers more negotiating room compared to the entry-level market. That said, well-priced luxury houses in prime locations still sell quickly. Working with an experienced luxury real estate agent familiar with Richmond is essential to getting the best outcome.
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