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RICHMOND/SOUTH DELTA RESALE MARKET SUMMARY
MLS Resale Highlights
Total resales have increased from 170 to 185 when compared to the Fourth Quarter of 2022
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The High Rise sales range has decreased by $13,000 on the lower end but increased by $104,000 on the higher-end when compared to the same quarter in 2022
The sales range of Townhomes increased by $98,100 on the lower end but decreased by $9,000 on the higher-end when compared to the Fourth Quarter of 2022
Average per square foot sales values of High Rise, Low Rise, and Townhome units increased by $89, $36, and $11, respectively, when compared to four quarters ago
Price per square foot sales values for one bedroom High Rise and Low Rise units have increased by $69 and $40, respectively, over the past four quarters
The average sales price of a two bedroom and three bedroom Townhome increased by $204,700 and $33,019, respectively, since the Fourth Quarter of 2022
