richmond DETACHED - OCTOBER 2 0 2 5
SALES TO LISTINGS RATIO 9% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 1.4% VS 2024
▼ 8% VS 2024
▼ 41% VS 2024
▲ 17% VS 2024
There were 651 detached listings in Richmond in October, 3% below September and 17% higher than October 2024. October detached home sales increased by 1.8% month-over-month, to 56, and were 41% below October 2024. The sales-to-listing ratio for detached in Richmond, at 9%, reflected a buyers' market. The detached median price in October was $1,719,000, a 16% decrease from September and 8% below October 2024. The average sold price was $2,055,510, 3% below last month and down 1.4% to October 2024.
THIS MONTH No. $2,055,510 $1,719,000 9% 56 651
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$2,084,906 $1,865,000 17% 95 558
-1.4% -8% -49% -41% 17%
$2,116,250 $2,038,888 8% 55 671
-3% -16% 5% 1.8% -3%
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
645
651
679
679
671
648
558
589
2.04
488
536
509
447
432
1.67 1.61
1.63 1.67
1.51
62
60
57
58
95
54
55
50
45
46
40
56
65
$2.21M
$2.09M $1.95M
$2.02M $2.10M
$2.00M $2.12M
$1.94M $2.04M
$1.93M
$1.90M
$1.87M
$1.72M
24-Oct
25-Sep
25-Oct
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
200
150
100
33%
50
11%
8%
7%
7%
3%
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
S-L RATIO SALES INVENTORY
4 0 n/a
0 2 n/a
27 9 33%
217 24 11%
135 9 7%
107 3 3%
106 7 7%
25 2 8%
9 0 n/a
21 0 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of November 14, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 37 ●
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