Richmond Housing Market
Housing Market Report for October 2026
Avg Price
$1,059,307
▼ -10.2% YoY
Median Price
$877,000
▲ +9.8% YoY
Homes Sold
12
▼ -96.4% YoY
New Listings
0
Active Listings
1,273
▲ +486.6% YoY
Avg Days on Market
114
▲ +21.3% YoY
The Richmond housing market recorded an average home price of $1,059,307 in October 2026, which decreased 10.2% compared to the same period last year. A total of 12 homes were sold with 1,273 active listings currently on the market.
Richmond Home Prices
Inventory levels and sales activity reveal how competitive the Richmond market is right now. The chart below shows new listings entering the market each month alongside the number of homes sold and the total active inventory available to buyers.
Richmond Housing Inventory
Average Price by Bedrooms
Based on homes sold in the last 12 months
| Bedrooms | Avg Price | Median Price | Homes Sold |
|---|---|---|---|
| 1 Bd | $400,151 | $489,000 | 588 |
| 2 Bd | $613,552 | $668,000 | 1,025 |
| 3 Bd | $1,079,852 | $1,030,000 | 652 |
| 4 Bd | $1,486,245 | $1,478,800 | 375 |
| 5 Bd | $2,297,406 | $2,199,000 | 287 |
| 6 Bd | $2,492,986 | $2,189,000 | 105 |
Prices vary significantly across Richmond neighbourhoods. The table below ranks areas by average sold price and shows how many homes sold, current active listings, average days on market, and year-over-year price changes.
Richmond Neighbourhood Rankings
Ranked by average sold price
| # | Neighbourhood | Avg Price | Sold | Active | Avg DOM | YoY Change |
|---|---|---|---|---|---|---|
| 1 | East Richmond | $1,950,000 | 1 | 16 | 102 days | -2.3% |
| 2 | East Cambie | $1,674,000 | 2 | 11 | 140 days | +17.4% |
| 3 | Broadmoor | $1,439,900 | 1 | 14 | 89 days | -32.2% |
| 4 | Steveston | $998,000 | 1 | 19 | 228 days | -39.3% |
Price Trends by Property Type
About Richmond Housing Market
The Richmond, BC housing market saw 12 homes sold in October 2026 with 0 new listings added to the market. The average sale price decreased 10.2% year-over-year to $1,059,307, while the median sat at $877,000. Homes in Richmond sell after an average of 114 days on the market. There are currently 1,273 active listings available for buyers to consider.