Richmond Monthly Sales Summary

May 17, 2008

Richmond Monthly Sales And Median Home Prices

The following table summarized the median home prices and total unit sales for detached-single family homes, townhouses and condos in Richmond since October 2007:

Month Detached-SFH Townhouses Condos Total
Nov/09
(units)
$753,500
(152)
$467,200
(99)
$318,000
(189)
(440)
Oct/09
(units)
$753,000
(185)
$444,100
(137)
$313,000
(222)
(544)
Sep/09
(units)
$686,250
(192)
$460,000
(148)
$318,400
(230)
(570)
Aug/09
(units)
$720,000
(170)
$467,000
(126)
$315,000
(183)
(479)
Jul/09
(units)
$690,000
(221)
$438,000
(179)
$325,500
(230)
(630)
Jun/09
(units)
$688,000
(204)
$432,000
(155)
$298,000
(225)
(584)
May/09
(units)
$644,495
(170)
$425,000
(127)
$305,500
(200)
(497)
Apr/09
(units)
$660,000
(135)
$422,000
(132)
$285,000
(162)
(429)
Mar/09
(units)
$660,000
(118)
$402,800
(89)
$283,500
(130)
(337)
Feb/09
(units)
$629,000
(69)
$400,000
(47)
$282,000
(83)
(199)
Jan/09
(units)
$648,500
(30)
N/A
(13)
$248,000
(56)
(99)
Dec/08
(units)
$666,500
(38)
$424,000
(26)
$278,000
(56)
(120)
Nov/08
(units)
$620,000
(27)
$385,000
(23)
$283,750
(34)
(84)
Oct/08
(units)
$684,000
(49)
$420,000
(34)
$253,750
(91)
(174)
Sep/08
(units)
$691,000
(59)
$441,800
(41)
$332,500
(134)
(234)
Aug /08
(units)
$678,500
(49)
$488,500
(37)
$312,000
(92)
(178)
Jul /08
(units)
$720,250
(71)
$449,000
(107)
$290,000
(124)
(287)
Jun/08
(units)
$749,400
(115)
$464,450
(118)
$303,150
(157)
(345)
May/08
(units)
$743.000
(149)
$473,000
(118)
$325,000
(157)
(424)
Apr/08
(units)
$705,500
(173)
$470,000
(112)
$320,000
(179)
(464)
Mar/08
(units)
$711,000
(161)
$454,400
(109)
$332,500
(157)
(427)
Feb/08
(units)
$733,000
(130)
$450,000
(104)
$337,500
(144)
(378)
Jan/08
(units)
$666,000
(80)
$452,500
(70)
$310,420
(121)
(271)
Dec/07
(units)
$685,000
(107)
$450,500
(52)
$296,000
(118)
(277)
Nov/07
(units)
$669,000
(108)
$452,000
(107)
$297,000
(159)
(374)
Oct/07
(units)
$700,000
(136)
$436,000
(105)
$296,500
(173)
(416)

For a better prospective view on the general pricing trend for Vancouver, you can refer to Brian Ripley’s pricing charts  here.

For more information on the real estate market in Greater Vancouver, and Richmond Vancouver and Burnaby in particular, you can follow my blog postings here.

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