Richmond Real Estate Market Trends

Analyze the real estate market in Richmond, Canada with 4,775 active listings. Current median home price: $749,000.

Richmond Market Summary

The Richmond real estate market currently has 4,775 active listings in Canada. The median home price is $749,000, with properties ranging from $1 to $28,000,000.

For sale: 3,469
For rent: 428
New construction: 0
Avg. bedrooms: 2.2
Active agents: 1,449

Market Snapshot

4,775

Active Listings

$749,000

Median Price

3,469

For Sale

428

For Rent

Market Overview

Price Range

Minimum	$1
Median	$749,000
Maximum	$28,000,000

Listing Breakdown

Total Active Listings	4,775
For Sale	3,469
For Rent	428
New Construction	0

Property Types Available

3,447 sq ft 721 sq ft Agriculture Apartment Apartments Ask agent Barn conversion Block of Units Business Carspace Character Property Commercial Commercial Property Condo Condominium condos Cottage Detached Detached Bungalow Detached house Development Site Duplex End of Terrace End of terrace house Flat Ground Flat Ground floor flat Half Duplex House House Share Industrial Land Light Industrial Lots And Land Maisonette Manor House multi family MultiFamily New House & Land Office Other Owner Plot Residential Retail Rural Single Family Single Family Residence Studio Terraced Terraced house townhomes Townhouse Vacant Vacant Land Villa

Property Details Average

2.2

Avg. Bedrooms

1.8

Avg. Bathrooms

1,449

Active Agents

Frequently Asked Questions

Richmond has 4,775 active listings with a median price of $749,000.

Understanding the Richmond Real Estate Market

MLS (Multiple Listing Service): A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
Median price: The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
Days on market (DOM): The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
Price per square foot: Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
Active listing: A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
New construction: A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.

Richmond Real Estate Market Trends

Richmond Market Summary

Market Snapshot

Market Overview

Price Range

Listing Breakdown

Property Types Available

Property Details Average

2.2

1.8

1,449

Explore More

Frequently Asked Questions

What is the real estate market like in Richmond?

Understanding the Richmond Real Estate Market

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