richmond TOWNHOME - OCTOBER 2 0 2 5
SALES TO LISTINGS RATIO 13% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 2% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 3% VS 2024
▼ 6% VS 2024
▼ 1.9% VS 2024
▲ 30% VS 2024
There were 401 townhome listings in Richmond in October, 5% below September and 30% higher than October 2024. October townhome sales increased by 18% month-over-month, to 52, and were 1.9% below October 2024. The sales-to-listing ratio for townhomes in Richmond, at 13%, reflected a balanced market. The townhome median price in October was $1,051,500, a 5% increase from September and 6% below October 2024. The average sold price was $1,072,030, 1.1% above last month; the average PSF sale price was $719, up 3% to last month.
THIS MONTH No. $719 $1,072,030 $1,051,500 13% 52 401
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$735 $1,108,935 $1,120,000 17% 53 309
-2% -3% -6% -24% -1.9% 30%
$695 $1,060,495 $999,000 10% 44 423
3% 1.1% 5% 25% 18% -5%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● OCT 2024 ● OCT 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
403
395
382
401
423
402
340
286
309
270
299
246
230
61
56
56
52
51
50
39
53
52
50
46
40
44
$1.21M
$1.12M
$1.10M $1.03M
$1.09M $1.17M
$1.04M $1.10M $1.06M $1.11M $1.09M
$999K $1.05M
RICHMOND
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
21
120
4+ bdrms
111
100
22
3 bdrms
80
244
60
9
2 bdrms
44
40
20%
16%
14%
10%
<2 bdrms
7%
20
2
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
Null
S-L RATIO SALES INVENTORY
5 0 n/a
25 4 16%
97 19 20%
125 17 14%
107 8 7%
39 4 10%
3 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. 38 ●
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