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Market Overview
The current market for condos for sale in Richmond offers a clear snapshot of local demand and availability, with 936 active listings on the market right now. Buyers comparing options will see an average listing price of $795,181, helping set expectations for what typical inventory looks like at today’s pricing. Just as important, listings are averaging 95 days on the market, which can signal how quickly well-positioned homes are moving and how much time purchasers may have for due diligence and negotiation.
Pricing momentum also matters when planning a purchase or evaluating timing. The latest data shows a +55.3% change in pricing, offering an at-a-glance sense of whether the market is trending upward or cooling. Combined with inventory levels and average days on market, these indicators help buyers understand whether they may be competing in a faster-paced environment or have a bit more room to negotiate. Overall, Richmond remains a popular choice for those prioritizing condo living with the convenience, lifestyle, and long-term value that many Canadian buyers seek.
Browse Listings
Explore 936 available condos for sale in Richmond and compare layouts, building styles, and locations to find a match for different budgets and priorities. Inventory often ranges from efficient suites suited to first-time buyers or investors to larger homes that fit growing households and downsizers looking for a low-maintenance lifestyle. Many shoppers also narrow their search by 4+-bedroom, floor level, exposure, parking, or building amenities, depending on what matters most day to day.
For those actively for sale, browsing listings regularly is helpful because pricing, availability, and conditions can change quickly. Saving favourite properties, tracking new listings, and reviewing recent price adjustments can make it easier to recognize strong value when it appears and act with confidence.
Pricing Insights
Pricing for condos for sale in Richmond can be evaluated from several angles, including overall averages, per-square-foot value, and the spread between entry-level and premium options. The average listing price is $795,181, providing a useful baseline when comparing individual buildings or specific unit features. Another key metric is the average price per square foot, currently $844, which helps buyers assess relative value between different suite sizes, finishes, and locations within the community. While averages are helpful for planning, the best approach is to compare similar units—matching bedroom count, size, and building type—so pricing expectations align with what is actually available. Reviewing listings through this lens can also clarify whether a property appears competitively priced for the neighbourhood at the time of purchase.
Average Prices by Bedroom
Bedrooms Avg. Price Listings Studio $445,500 4 1 Bed $526,229 261 2 Beds $769,263 523 3+ Beds $1,370,519 148 Living in the Area
Life in Richmond appeals to buyers who want the convenience of condo ownership while staying connected to the rhythms of the surrounding community. The area’s overall character tends to draw residents who value a balance of privacy and proximity—comfortable at home, yet close enough to everyday needs that errands and outings feel straightforward. Many condo shoppers prioritize walkability and a practical day-to-day routine, and the neighbourhood setting can play a major role in how a unit feels beyond its square footage.
Condo living in this part of the city (or region) often suits a range of lifestyles: professionals seeking a manageable commute, downsizers looking to reduce maintenance responsibilities, and buyers who prefer the predictability of building-managed exterior care. The community feel can vary by pocket, but the benefits of shared amenities and common spaces often create casual opportunities to connect with neighbours while still keeping an independent lifestyle.
When evaluating a condo here, it helps to think beyond the unit itself. Building governance, long-term maintenance planning, and the overall experience of the property can influence both enjoyment and resale value. Visitors may also consider how different streets or micro-locations affect noise levels, access to transit routes, and the convenience of day-to-day essentials. With a thoughtful search, buyers can find a home that fits their routine today and remains adaptable for the years ahead.
Market Trends
To better understand how pricing, activity, and conditions are shifting over time, the table below summarizes key market trend indicators for condos for sale in Richmond.
Market Trends
Period Avg. Price Listings Avg. DOM Current $795,181 936 95 days Last 12 Months $714,889 1,463 34 days Last 90 Days $613,319 266 55 days Top Areas
Richmond can include several distinct pockets, each with its own feel and pricing patterns. The table below highlights top sub-areas to consider when narrowing a condo search.
Top Areas
Area Avg. Price Listings Avg. DOM City Centre | Brighouse $830,077 620 88 days West Cambie $852,711 165 104 days Thompson | Seafair | Blundell $526,357 45 149 days Broadmoor | Shellmont | Gilmore $465,365 44 139 days Steveston $786,216 37 69 days Hamilton $632,643 14 40 days Bridgeport $671,657 7 47 days East Cambie $438,250 2 71 days Fraser Lands $628,450 2 78 days Frequently Asked Questions
What is the average price of condos for sale in Richmond?
The average listing price for condos for sale in Richmond is currently $795,181. This figure is most useful as a benchmark; individual prices can vary based on suite size, condition, building type, and included features such as parking or storage.
How many condos are currently available in Richmond?
There are 936 active listings for condos for sale in Richmond. Availability can change frequently as new properties are listed and others sell or are taken off the market, so checking updated results regularly is a practical way to stay on top of fresh inventory and price changes.
How long do condos typically stay on the market in Richmond?
On average, listings are spending 95 days on the market in Richmond. Days on market can differ depending on pricing strategy, the unit’s condition, and how closely it matches buyer demand (for example, layout efficiency or overall building reputation). Tracking this metric helps buyers understand whether the market is moving quickly or allowing more time for comparison and negotiation. Buyers also commonly evaluate features that affect day-to-day living—such as floor plan functionality, natural light, noise exposure, and building management—since these can impact both lifestyle fit and long-term resale appeal.
For grabbing your groceries, Save-on-Foods is only a 17 minute walk. You are a 10-minute walk from great parks like Park.
If you are reliant on transit, don't fear, there is a Bus Stop (Southbound No. 5 Rd @ Granville Ave) only a 6 minute walk.