Richmond HillHousing market

Richmond Hill

Richmond Hill Housing Market Report

Strong Buyer's Market

All types - for the month of April

Buyer's market Seller's market

7

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

25

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

1,063 active

New

594(+4.58% YoY)

Relisted

37(-28.85% YoY)

Compared to number of active, same period, in 2024: 704, in 2023: 341, in 2022: 517

Total Sold Listings*

148 sold

Median Sold Price

$1,236,944

Avg Days on Market

25 days

Median Bidding

-$20,000

Compared to number of sold, same period, in 2024: 238, in 2023: 247, in 2022: 192

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Richmond Hill - All types

Sold vs Active vs New vs Relisted - Richmond Hill - All types

Sold Price Distribution - Richmond Hill - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Richmond Hill - All types

Property type distribution based on data from the last 3 months.

Median Price - Richmond Hill - All types

Just listed - Richmond Hill

Home with brick exterior material, street for 36 Holtby Rd, Richmond Hill Ontario L4E 4W6

Up to9K Cashback

36 Holtby Rd, Richmond Hill

Townhouse341500-2000 sq ft

Listed by ROYAL LEPAGE PREMIUM ONE REALTY

Patio, building for 11611 Yonge St #109, Richmond Hill Ontario L4E 1G2

7 mins on market

Up to5K Cashback

11611 Yonge St #109, Richmond Hill

Condo11500-599 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Home with brick exterior material, street for 101 Spruce Ave, Richmond Hill Ontario L4C 6V9

1 hour on market

Up to42K Cashback

101 Spruce Ave, Richmond Hill

Detached4+273500-5000 sq ft

Listed by CENTURY 21 ATRIA REALTY INC.

Home with brick exterior material, street for 26 Stephie Crt, Richmond Hill Ontario L4B 3Z7

1 hour on market

Up to27K Cashback

26 Stephie Crt, Richmond Hill

Detached543500-5000 sq ft

Listed by EDOJIA REALTY INC.

Unknown for 9191 Yonge St #804, Richmond Hill Ontario L4C 1E2

Re-listed 2 hours ago

$•••,•••

Up to6K Cashback

9191 Yonge St #804, Richmond Hill

Condo11500-599 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 34 Ulson Dr, Richmond Hill Ontario L4E 4V6

Re-listed 5 hours ago

$•••,•••

Up to14K Cashback

34 Ulson Dr, Richmond Hill

Detached442000-2500 sq ft

Listed by HARVEST REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 10 Maple Grove Ave, Richmond Hill Ontario L4E 2T3

14 hours on market

Up to32K Cashback

10 Maple Grove Ave, Richmond Hill

Detached4+142500-3000 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 343 Boisdale Ave, Richmond Hill Ontario L4C 1R4

Re-listed 14 hours ago

$•••,•••

Up to14K Cashback

343 Boisdale Ave, Richmond Hill

Detached3+22700-1100 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 5 Cantex Crt, Richmond Hill Ontario L4S 1B1

18 hours on market

Up to19K Cashback

5 Cantex Crt, Richmond Hill

Detached5+273500-5000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 247 Harris Ave, Richmond Hill Ontario L4E 3M3

Re-listed 19 hours ago

$•••,•••

Up to33K Cashback

247 Harris Ave, Richmond Hill

Detached432500-3000 sq ft

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

Just sold - Richmond Hill

Home with brick exterior material, street for 12868 Yonge St #11, Richmond Hill Ontario L4E 1J4

Sold for $730,000

$49K below asking

12868 Yonge St #11, Richmond Hill

Condo331200-1399 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Home with brick exterior material, street for 68 Blackmore Ave, Richmond Hill Ontario L4B 1Z9

Sold for $1,860,000

$109K below asking

68 Blackmore Ave, Richmond Hill

Detached4+262500-3000 sq ft

Listed by UNITED REALTY OF CANADA

Home with brick exterior material, street for 85 Jefferson Forest Dr, Richmond Hill Ontario L4E 4J4

Sold 2 days ago

Sold for $1,645,000

$43K below asking

85 Jefferson Forest Dr, Richmond Hill

Detached432500-3000 sq ft

Listed by CENTERPOINT REALTY INC.

Home with brick exterior material, street for 182 Observatory Lane, Richmond Hill Ontario L4C 8K7

Sold 2 days ago

Sold for $838,000

$41K below asking

182 Observatory Lane, Richmond Hill

Townhouse31700-1100 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Unknown for 84 Desert View Cres, Richmond Hill Ontario L4C 0K5

Sold 2 days ago

Sold for $1,368,500

$57K below asking

84 Desert View Cres, Richmond Hill

Detached332000-2500 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 57 Cedarcrest Cres, Richmond Hill Ontario L4S 2P6

Sold 3 days ago

Sold for $1,200,000

$202K above asking

57 Cedarcrest Cres, Richmond Hill

Townhouse3+141500-2000 sq ft

Listed by CULTURELINK REALTY INC.

Indoor entryway for 326 Major Mackenzie Dr #801, Richmond Hill Ontario L4C 8T4

Sold 3 days ago

Sold for $570,000

$29K below asking

326 Major Mackenzie Dr #801, Richmond Hill

Condo2+121200-1399 sq ft

Listed by CENTURY 21 KING`S QUAY REAL ESTATE INC.

Home with brick exterior material, street for 78 Peninsula Cres, Richmond Hill Ontario L4S 1Z5

Sold 3 days ago

Sold for $1,251,000

$171K above asking

78 Peninsula Cres, Richmond Hill

Townhouse331500-2000 sq ft

Listed by KELLER WILLIAMS REALTY CENTRES

Home with brick exterior material, street for 77 Trayborn Dr, Richmond Hill Ontario L4C 4K6

Sold 3 days ago

Sold for $1,270,000

$82K above asking

77 Trayborn Dr, Richmond Hill

Detached4+23< 700 sq ft

Listed by IPRO REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 143 Marsi Rd, Richmond Hill Ontario L4C 5R3

Sold 3 days ago

Sold for $1,555,000

$43K below asking

143 Marsi Rd, Richmond Hill

Detached4+142500-3000 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Population and Demographics

Overview

Total population 198193

Average household income $142,679

Age (%)

50 to 64

23%

0 to 19

22%

35 to 49

20%

20 to 34

18%

65 and plus

17%

Household composition (%)

Single family

76%

Single person

19%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

39%

Mandarin

15%

Yue (Cantonese)

13%

Iranian Persian

11%

Russian

5%

Italian

3%

Others

3%

Korean

2%

Arabic

1%

Persian (Farsi)

1%

House tenancy (%)

Owners

78%

Renters

22%

Top 5 Schools in Richmond Hill

Silver Stream Public School180 Farmstead Rd, L4S 2K9, Richmond Hill, ON

9.5/10

Public•JK-8

St John Paul II Catholic Elementary School155 Red Maple Rd, L4B 4P9, Richmond Hill, ON

9.4/10

Public•JK-8

Doncrest Public School124 Blackmore Ave, L4B 2B1, Richmond Hill, ON

9.2/10

Public•JK-8

St Theresa of Lisieux Catholic High School230 Shaftsbury Ave, L4C 0E8, Richmond Hill, ON

9/10

Public•9-12

St Charles Garnier Catholic Elementary School16 Castlerock Dr, L4C 5H5, Richmond Hill, ON

8.9/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance