The Richmond Housing Market Forecasts and Trends

Index Abbotsford Burnaby Chilliwack Coquitlam N. Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock 温哥华房地产投资

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Richmond Market Reports and Forecasts
Previous Reports

Richmond Market Update (Detached) namely: Lackner, Riverdale, Granville, Seafair, Broadmoor and all the sub-areas of Richmond Real Estate Market Update Report.

What are Richmond's Best and Worst Investments?

Archive Peak to Date Price Changes

May 1, 2023

Current: Richmond is in a Seller`s Market with average Listings, 20 % SOLD rate and a 96% Sell/List Ratio.
(This means that there is an average of $90,000 Discount on a sale from the original list price)

Most Active Range: Homes between $1.65 mill.$1.9 mill. have 31.3 %SOLD rate.
Least Active Range: Homes above $4.0 mill. have 5.0 %SOLD rate.

History: The Richmond Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $21,923.
The Richmond Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $98,659.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Richmond has 346 homes are for sale and with the 20% SOLD monthly rate gives us a ~5 months of inventory. 1% of the active listings have reduced their price by $97,713 on average or $99,425 median for the last month. We project Richmond now to be in a Seller`s market.

Greater Vancouver April 2023:

In April, the Greater Vancouver Single-Family Homes increased by a monthly average price of $11,259. This is the 3rd consecutive monthly price increase. Last years buyers that waited for the market bottom are actively buying now. We continue to forecast a Seller's market for the next 6 weeks before stabilizing.

Currently, the Condo and Townhouse Markets continue to be in a Seller's Market, with average price increases of $8,861 and $8,587, respectively. Every Saturday at noon, we analyze 97 different City's House Price Indices and present the MOST ACCURATE Market Trends to you. Please get in touch with us if you'd like a market value update that includes a thorough analysis and forecast for your neighborhood and local market area. - Your Neighborhood.

Fraser Valley April 2023:

The Fraser Valley's Real Estate is heating up with 83% of the Detached Market increased home prices. Single Family Homes Average Price increased by $36,449 in April. This is twice the increase of the $17,585 that we saw the month earlier. Last years buyers that waited for the market bottom are actively buying now. We forecast a Seller's market for the next 10 weeks before stabilizing.

Currently, the Condo and Townhouse Markets continue to be in a Seller's Market, with average price increases of $8,486 and $17,215, respectively. Every Saturday at noon, we analyze 97 different City's House Price Indices and present the MOST ACCURATE Market Trends to you. Please get in touch with us if you'd like a market value update that includes a thorough analysis and forecast for your neighborhood and local market area. - Your Neighborhood.

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

Richmond Home Forecaster

Index Abbotsford Burnaby Chilliwack Coquitlam Langley New West - Burnaby E.North Langley North Delta Maple Ridge Mission Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End East Vancouver West Van North Van Other Canadian and American Cities Chinese and World Cities

Richmond's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $1,900,000+

What Is Your Home Value, Profit; Return On Investment?
你的房屋价值 ,利润, 投资收益率知多少?

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计算你的房产价值; 与130的本地和全球市场比较你的投资利润
Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets.

Bill Input Your Previous Home Purchase Details

Purchase price :

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Forecast Adjustments ?

The Richmond City Real Estate Market update which includes sub-areas such as Granville, Seafair, Broadmoor, Lackner, Riverdale are Sponsored by Biggar Group, RE/MAX West Coast.
We thank Taylor and Larry Biggar for their support of these Market Updates. Contact Biggar Group as the Local Expert. more details

Download the full RichmondMarketupdatereport.PDF

The Richmond City Real Estate Market report includes sub-areas such as Riverdale RI, Granville, Broadmoor, Lackner, Seafair etc

Click Image to compare previous STR/ MTI graphs Trying to do the math? Lessons: STR MTI

Ladner, South Delta, Real Estate Market Update Report

Vancouver Westside Downtown-West End East Vancouver West Van North Van

The Richmond City Market Statistics includes sub-areas such as Seafair, Riverdale RI, Granville, Lackner, Broadmoor etc. See the analytics to forecast the investment risks. Link

Hi from Sunny Richmond ...Talyor Biggar Go to our website for more info at Steveston Real Estate & Steveston Community Info

Larry and Taylor Biggar

Richmond + Ladner STR

This is the most accurate %SOLD-Monthly Sell Through Rates (STR Graph) using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

Real Estate Market Richmond , South Delta,Ladner Update Report.

Richmond Proper

Study Criteria (Richmond Proper) Home size: 1500-2800 sqft,, Lot: 3800 7000 sqft, Age: 10-50 yrs, Bedrooms: 3-6

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

Archives March 2. 2011: May 15 2011

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