Richmond, British Columbia, is a $1 million coin toss. The current median listed asking price is $999,000. Exactly 49.4% of current sale listings ask $1 million or more. The citywide number is not a little above or a little below the round figure. It is the round figure.
Most months in 2026 printed between $938,000 and $1,050,000. January was $999,000. July dipped to $938,000. Mid-September was $1,049,900. Richmond did not trend away from $1 million. It orbited it.
Share of Richmond sale listings asking $1 million or more:
| Month | Sale listings | Share asking $1 million or more |
|---|---|---|
| January 2026 | 373 | 49.3% |
| February 2026 | 425 | 50.1% |
| March 2026 | 657 | 46.4% |
| April 2026 | 719 | 49.2% |
| May 2026 | 662 | 47.6% |
| June 2026 | 705 | 47.1% |
| July 2026 | 599 | 44.4% |
| August 2026 | 472 | 46.8% |
| September 2026 (partial) | 389 | 51.2% |
Under the coin toss are two prices. June through mid-September condos had a $647,900 median. Townhomes were $1,023,000. Detached homes were $1,890,000. If you buy a condo, you are not in the million-dollar club. If you buy a house, you left it immediately.
| June–September 2026 home type | Sale listings | Median listed asking price |
|---|---|---|
| Condo/apartment | 866 | $647,900 |
| Townhome | 439 | $1,023,000 |
| Detached | 610 | $1,890,000 |
The share of listings over $1 million never left a narrow band. The low was 44.4% in July. The high in this window was 51.2% in mid-September. Richmond did not have a month where million-dollar listings vanished, and it did not have a month where they took over. That is what “sitting on $1 million” looks like in the data: a coin toss that keeps landing on its edge.
Townhomes at $1,023,000 are the product that lives on that edge. Condos at $647,900 live clearly below it. Detached homes at $1,890,000 live clearly above it. If your budget is $999,000, you are shopping Richmond condos and a thin slice of townhomes, not “the typical Richmond house.” Pair this with Burnaby if you want a cheaper condo lane, or with North Vancouver if you want a city that stayed more firmly over $1 million after 2025.
See Richmond homes for sale, compare Burnaby and Surrey’s bedroom step-up report, or open Market Trends.
The Casakibo Data Labs prepare market reports using structured Canadian real estate listing data, city-level comparisons, and property-type checks. This report was prepared by the Casakibo Data Labs using residential sale listings from participating Canadian real estate boards and CREA member feeds, covering January 1, 2026 through September 17, 2026. September is a partial month. For data questions, market research, or partnership inquiries, contact Casakibo.