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
Across Metro Vancouver, the MLS Home Price Index composite benchmark price for all residential properties was $1,100,700 in May 2026, down 6.2% year-over-year and up 0.2% from April 2026. By type, the regional benchmark was $1,847,900 for a detached home, $1,048,200 for a townhouse and $697,800 for an apartment. Regional sales totalled 2,150, a 3.5% decrease from May 2025.
Source : Greater Vancouver REALTORS (REBGV), May 2026. City-specific Richmond benchmark not publicly available in an accessible source; figures shown are the board-wide Metro Vancouver composite.
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.