Richmond, British Columbia, Canada
As of September 7, 2026, the median asking price in Richmond is $999,000, across 2,219 active MLS® listings.
Those listings have been on the market an average of 116 days.
422 new listings came to market in Richmond in the last 30 days.
Asking prices work out to about $795 per square foot, based on the 2,164 listings that report floor area.
Condos in Richmond are listed at an average of $754,019 across 818 active listings.
Detached homes in Richmond are listed at an average of $2,488,503 across 580 active listings.
Townhouses in Richmond are listed at an average of $1,108,634 across 343 active listings.
Commercial properties in Richmond are listed at an average of $325,609 across 127 active listings.
Quiet blocks, global flavours, family roots
North of Blundell and west of No. 4 Road, Richmond’s namesake neighbourhood feels like the city’s residential backbone—tree-lined streets, tidy front gardens, and a rhythm that’s more school drop-off than nightlife. It’s an older, settled pocket where many houses date to the big growth decades and have been carefully updated, expanded, or rebuilt, creating a streetscape that mixes classic split-levels with newer, larger contemporary homes.
The population leans family-forward and multi-generational, with a strong East Asian presence that shows up in everyday life: grocery runs that end with a bakery stop, late dinners along nearby corridors, and community events that draw neighbours out year-round. Daily errands are typically a short drive rather than a stroll (Walk Score: 33), but parks, sports fields, and community facilities help the area feel connected, especially around Minoru Park and the civic core just to the northwest.
Real estate here is defined by land and stability. Detached homes dominate side streets, while townhomes and low-rise condos have been steadily appearing on busier edges and along redevelopment-friendly routes—an incremental shift that adds options for downsizers and first-time buyers without changing the neighbourhood’s calm tone. Buyers tend to value school catchments, lot size, and quiet street placement; sellers benefit from long-term demand that’s closely tied to Richmond’s broader market and the enduring appeal of established, central residential pockets.
Richmond’s market is showing abundant choice, with 6,796 active for-sale listings and 1,538 new listings added in the past 30 days, keeping competition elevated among sellers. With a median asking price of $1,193,400 and an average of $860/sqft, pricing remains firm, but the 99-day average time on market suggests buyers have leverage to compare options and negotiate, while investors should stay selective and underwrite longer holding periods.
Walk Score 33 · Transit Score 50 · Bike Score 58
The median asking price in Richmond is $999,000, across 2,219 active MLS® listings as of September 7, 2026. The average asking price is $1,402,507. These are list prices on homes currently for sale, not sale prices.
There are 2,219 active MLS® listings in Richmond as of September 7, 2026. 422 of them came to market in the last 30 days.
Homes currently listed in Richmond have been on the market an average of 116 days as of September 7, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 2,219 homes currently listed in Richmond, 37% condos, 26% detached houses, 15% townhouses, 6% commercial properties.
Richmond has a Walk Score of 33 out of 100, which Walk Score classifies as Car-Dependent — most errands require a car. Transit Score is 50. Bike Score is 58.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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