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Where Richmond houses sold, and how fast

Seafair had the highest median price among neighbourhoods with 10 or more sales, $2,428,000, and Hamilton the lowest, $1,198,800. The gap between them is $1,229,200. The most active neighbourhood was Seafair with 47 sales, ahead of Granville with 39.

Detached houses sold in Richmond, by neighbourhood
NeighbourhoodSalesMedian pricePrice per sq ftMedian lot sizeMedian year builtDays to sell
Seafair47$2,428,000$7397,035 sq ft201129
Granville39$1,720,000$6927,199 sq ft198028
Steveston South32$1,746,500$7484,028 sq ft199848
Steveston North30$1,565,000$6625,440 sq ft198019
West Cambie27$1,650,000$6134,976 sq ft199342
Broadmoor25$2,320,000$7108,115 sq ft200240
Garden City25$1,667,000$6684,916 sq ft198520
Riverdale24$2,225,000$6997,188 sq ft200926
Saunders24$1,550,000$7137,428 sq ft197618
Quilchena23$2,280,000$6817,001 sq ft200365
Ironwood22$1,387,500$6606,584 sq ft197831
Terra Nova22$2,160,000$7925,301 sq ft199651
Woodwards22$1,772,500$6546,834 sq ft198118
Lackner21$1,765,000$6724,809 sq ft199022
Steveston Village20$1,762,000$8223,960 sq ft200020
East Cambie19$1,488,000$6305,608 sq ft198515

Source: Paragon closed sales, November 1, 2025 to October 22, 2026. How these figures are defined and sourced

Speed varies as much as price. Steveston South houses took 48 days at a median and Steveston North 19. Quilchena took 65 days, the slowest in the table. Steveston Village is the small-lot end of the Steveston area at 20 sales and $822 a square foot, against $739 in Seafair.

Lot size explains a lot of the price. The median Steveston South house sat on 4,028 sq ft, against 8,115 sq ft in Broadmoor and 7,199 sq ft in Granville. Seafair, at 7,035 sq ft, has newer homes (median built 2011) than Granville (1980).

Richmond houses sold, by period
PeriodSales
November 2025 to January 2026118
February to April 2026156
May to July 2026166
August 1 to October 22, 202677

Source: Paragon closed sales, November 1, 2025 to October 22, 2026. How these figures are defined and sourced

Counts rose from 118 in the first period to 166 in May to July, then 77 in the part-period to October 22, 2026. Treat the last figure as a partial count, not a drop.

  • Richmond$1,833,100Down 11.1% over 1 year
Detached benchmark price in Richmond
AreaBenchmark price1 month3 months1 year3 years5 years
Richmond$1,833,100-2.0%-4.1%-11.1%-15.1%-7.7%

Source: Greater Vancouver REALTORS® MLS® Home Price Index, October 2026. How these figures are defined and sourced

Richmond’s 2024 house-lot rezoning

On June 24, 2024 Richmond Council rezoned almost 27,000 single-family and duplex lots into four new zones: RSM/S, RSM/M, RSM/L and RSM/XL. About 84% of those lots had been RS1/A, RS1/B or RS1/E, the city’s standard single-family lots. The City’s zoning bylaw is No. 8500.

Five transit-oriented areas, around the Bridgeport, Capstan, Aberdeen, Lansdowne and Brighouse stations, were left out of that rezoning because they have their own plans. If a house you like is close to one of those stations, ask which rules apply before you count on extra units.

Dikes, soil and farmland

Richmond is an island city and 49 kilometres of dikes protect it. Richmond Fire-Rescue says pockets of liquefaction are possible in a significant earthquake, so a geotechnical question is a fair one to ask about any older house on soft ground. East of No. 4 Road the land falls into the Agricultural Land Reserve, which includes the Garden City Lands, and those parcels follow Reserve rules rather than the city’s house-lot zones.

Questions to ask before you offer on a Richmond house

  • What is the lot’s zone now? Many former RS1 lots became one of the four RSM zones in 2024.
  • Is the house inside one of the five station areas that were left out of the rezoning?
  • Is the lot east of No. 4 Road? If so, check Agricultural Land Reserve status.
  • Has the house had a geotechnical or foundation report? Ask, especially for homes near the dikes.

Estimate the payment on a Richmond house

The calculator starts at the October 2026 benchmark price for a Richmond detached home, $1,833,100.

This is an estimate for planning, not a quote or advice. It uses only the numbers on this form. Nothing you enter is sent or saved. Ask your lender or mortgage broker for the rate and terms that apply to you.

20% or more avoids mortgage default insurance.
Enter the rate you were quoted. Rates change often, so none is filled in.
Property transfer tax exemption Both exemptions have conditions. The estimate assumes every buyer on title qualifies.

Enter a home price to see the estimate.

Property transfer tax and exemptions follow the Government of BC pages on the property transfer tax, first-time buyer exemption and newly built home exemption. Insurance premiums follow the CMHC premium table. Fixed-rate mortgages compound semi-annually. Not included: legal fees, strata fees, property tax, GST on new homes, the 20% additional tax for foreign buyers, and adjustments on completion.

Richmond houses: your questions answered

How much does a house cost in Richmond?

It depends on the neighbourhood. Among neighbourhoods with 10 or more sales, medians ran from $1,198,800 in Hamilton to $2,428,000 in Seafair. The benchmark price for a typical Richmond detached home was $1,833,100 in October 2026.

Which Richmond neighbourhood has the most house sales?

Seafair, with 47 sales and a median of $2,428,000. Granville was second with 39.

What are the RSM zones in Richmond?

RSM/S, RSM/M, RSM/L and RSM/XL are the four zones Richmond Council created on June 24, 2024 for almost 27,000 former single-family and duplex lots. Check the lot’s current zone on the City’s map.

Does the 2024 rezoning apply around the five station areas?

No. The areas around the Bridgeport, Capstan, Aberdeen, Lansdowne and Brighouse stations are excluded from it and have their own rules.

Are Richmond houses at risk of flooding?

The city is protected by 49 kilometres of dikes. The City also notes pockets of liquefaction are possible in a significant earthquake. Ask for the foundation report on an older house.

How long does it take to sell a house in Richmond?

It varies by neighbourhood: 19 days in Steveston North, 48 in Steveston South and 65 in Quilchena at a median.

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

  • 5 out of 5 stars

    “Thanks to Jared and team for the fantastic work on my recent purchase. You went the extra mile for me on every step of my home buying journey. I am grateful for your assistance, patience and expertise. Much appreciated”

    M.S. Google review

  • 5 out of 5 stars

    “The Best Realtor Experience I have Ever Had! Working with Jared was a dream. From the very first meeting to the final closing, he went above and beyond every step of the way…”

    C.S. Google review

  • 5 out of 5 stars

    “We had an excellent experience working with Jared. From the very beginning, he took the time to really listen to what we were looking for and helped us find homes that matched both our needs and our lifestyle…”

    J.L. 15 Jun 2026 · Google review

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