Stilhavn All Areas

12

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

REALTOR® Report A Research Tool Provided by the Real Estate Board of Greater Vancouver

RICHMOND

Richmond

March 2025

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

546

510

455

+ 20.0%

437

+ 16.7%

Sales

47

40

77

- 39.0%

69

- 42.0%

Days on Market Average

38

27

43

- 11.6%

56

- 51.8%

MLS® HPI Benchmark Price

$2,171,100

$2,168,600

$2,217,900

- 2.1%

$2,177,000

- 0.4%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

856

745

558

+ 53.4%

504

+ 47.8%

Sales

122

98

142

- 14.1%

107

- 8.4%

Days on Market Average

28

42

31

- 9.7%

36

+ 16.7%

MLS® HPI Benchmark Price

$745,400

$731,700

$759,600

- 1.9%

$750,400

- 2.5%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2025

2024

2025

2024

Total Active Listings

286

273

162

+ 76.5%

150

+ 82.0%

Sales

49

39

57

- 14.0%

55

- 29.1%

Days on Market Average

28

39

30

- 6.7%

45

- 13.3%

MLS® HPI Benchmark Price

$1,124,100

$1,108,400

$1,151,200

- 2.4%

$1,138,300

- 2.6%

Sales-to-Active Ratio

Townhome

Condo [14.3%]

Detached

[17.1%]

[8.6%]

60%

50%

Seller's Market

40%

30%

20%

Balanced Market

10%

Buyer's Market

0%

Current as of April 02, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.