Sector professionals
Every expert is scored out of 100 — Google reviews (35), experience (30), active provincial licence (15), local presence (15), bonus (5). No placement can be bought. Our methodology
Real estate market data
In May 2026, the MLS® HPI composite benchmark price for all residential properties in Metro Vancouver (GVR coverage area, which includes Richmond) was $1,100,700, down 6.2% year-over-year, with a sales-to-active listings ratio of 13.1% indicating a balanced market approaching buyers’ territory.
Source : Greater Vancouver REALTORS® (GVR) — Monthly MLS® Housing Market Report, Metro Vancouver, May 2026. https://www.gvrealtors.ca/market-watch/monthly-market-report/may-2026.html
Frequently asked questions
How much does a home cost in Richmond?
Richmond falls within the Greater Vancouver REALTORS (REBGV) reporting area, where the composite benchmark price for all home types was $1,100,700 in May 2026 (detached $1,847,900, townhouse $1,048,200, apartment $697,800).
Is Richmond a good place to buy real estate?
Richmond offers a broad range of housing and strong connectivity to Vancouver and the airport. As of May 2026 the wider Metro Vancouver market favoured buyers, with benchmark prices down 6.2% year-over-year and elevated inventory.
Do I need a local expert to buy or sell in Richmond?
A local expert helps you navigate pricing and segment differences in a shifting market. Payotte lists one verified expert per profession in Richmond so you can connect with a vetted professional.