Stilhavn All Areas

12

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

REALTOR® Report A Research Tool Provided by the Greater Vancouver REALTORS®

RICHMOND

Richmond

March 2024

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2024

2023

2024

2023

Total Active Listings

436

432

390

+11.8%

405

+6.7%

Sales

78

69

94

- 17.0%

60

+15.0%

Days on Market Average

42

56

44

- 4.5%

37

+51.4%

MLS® HPI Benchmark Price

$2,190,500

$2,128,500

$2,105,200

+4.1%

$2,054,400

+3.6%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2024

2023

2024

2023

Total Active Listings

530

494

455

+16.5%

466

+6.0%

Sales

143

107

181

- 21.0%

118

- 9.3%

Days on Market Average

32

36

37

- 13.5%

40

- 10.0%

MLS® HPI Benchmark Price

$772,400

$769,800

$725,200

+6.5%

$728,700

+5.6%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2024

2023

2024

2023

Total Active Listings

143

135

180

- 20.6%

165

- 18.2%

Sales

57

55

70

- 18.6%

45

+22.2%

Days on Market Average

30

45

23

+30.4%

34

+32.4%

MLS® HPI Benchmark Price

$1,146,600

$1,120,500

$1,095,200

+4.7%

$1,081,100

+3.6%

Sales-to-Active Ratio

Townhome

Condo [27.0%]

Detached

[39.9%]

[17.9%]

100%

80%

Seller's Market

60%

40%

20%

Buyer's Market Balanced Market

0%

Current as of April 02, 2024. All data from the Greater Vancouver REALTORS® Report © 2024 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.