Richmond Market Trends
MLS® HPI benchmark prices — Greater Vancouver
Richmond at a glance
The benchmark price of a home in Richmond was $1,030,400 in June 2026, down 8.2% from a year earlier. Since July 2023 the benchmark has fallen 12.7% ($1,180,400 → $1,030,400), with the period high of $1,190,500 in May 2024. Greater Vancouver REALTORS reported 263 sales in Richmond in June 2026, with a 38.1% sales-to-new-listings ratio and 7.6 months of inventory.
Benchmark price trend
Composite MLS® HPI benchmark, Jul 2023 – Jun 2026. Hover a month for the exact value.
Benchmark levels by property type
| Property type | Jun 2026 | Jun 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,030,400 | $1,123,000 | -8.2% |
| Detached | $1,933,000 | $2,122,700 | -8.9% |
| Townhouse / attached | $1,025,100 | $1,104,700 | -7.2% |
| Apartment / condo | $649,000 | $706,500 | -8.1% |
Monthly sales
Residential sales reported by Greater Vancouver REALTORS, Jun 2025 – Jun 2026.
Richmond neighbourhoods
Benchmark price and 1-year change, Jun 2026.
Source: Greater Vancouver REALTORS via MLS® Home Price Index (board-published)
Period: June 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.