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 11 Birdsong St, Richmond Hill Ontario L4E 5C2

Up to10K Cashback

11 Birdsong St, Richmond Hill

Townhouse3+131500-2000 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

Home with brick exterior material, street for 62 Bond Cres, Richmond Hill Ontario L4E 3K5

Up to27K Cashback

62 Bond Cres, Richmond Hill

Detached3+253000-3500 sq ft

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Unknown for 86 Nahanni Dr, Richmond Hill Ontario L4B 4L4

$•••,•••

Up to11K Cashback

86 Nahanni Dr, Richmond Hill

Townhouse331500-2000 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home with brick exterior material, street for 280 Bernard Ave, Richmond Hill Ontario L4S 1C9

$•••,•••

Up to16K Cashback

280 Bernard Ave, Richmond Hill

Detached5+352500-3000 sq ft

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Living room with furniture, wood/laminate floor for 28 Rossini Dr, Richmond Hill Ontario L4E 0R5

$•••,•••

Up to16K Cashback

28 Rossini Dr, Richmond Hill

Detached442500-3000 sq ft

Listed by RE/MAX CENTRE MUSTAFA ZIA REALTY

Unknown for 103 Genuine Lane, Richmond Hill Ontario L4B 0E5

Re-listed 6 mins ago

$•••,•••

Up to14K Cashback

103 Genuine Lane, Richmond Hill

Townhouse441500-2000 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

Home with brick exterior material, street for 18 Tamara Dr, Richmond Hill Ontario L4S 1E7

40 mins on market

Up to16K Cashback

18 Tamara Dr, Richmond Hill

Detached432500-3000 sq ft

Listed by RE/MAX EXCEL REALTY LTD.

Home with vinyl exterior material, street for 126 Libby Blvd, Richmond Hill Ontario L4C 4V6

1 hour on market

Up to17K Cashback

126 Libby Blvd, Richmond Hill

Detached3+231100-1500 sq ft

Listed by RE/MAX EXCEL REALTY LTD.

Unknown for 32 CLARISSA Dr #PH27, Richmond Hill Ontario L4C 9R7

1 hour on market

Up to7K Cashback

32 CLARISSA Dr #PH27, Richmond Hill

Condo221200-1399 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 53B Puccini Dr, Richmond Hill Ontario L4E 2Y7

1 hour on market

Up to37K Cashback

53B Puccini Dr, Richmond Hill

Detached553500-5000 sq ft

Listed by RIGHT AT HOME REALTY

Just sold - Richmond Hill

Home with brick exterior material, street for 37 Los Alamos Dr, Richmond Hill Ontario L4C 0G7

Sold 21 hours ago

Sold for $1,389,500

$61K below asking

37 Los Alamos Dr, Richmond Hill

Detached432000-2500 sq ft

Listed by KELLER WILLIAMS EMPOWERED REALTY

Unknown for 8909 Bathurst St #9, Richmond Hill Ontario L4C 0H4

Sold for $969,000

$19K above asking

8909 Bathurst St #9, Richmond Hill

Condo3+141800-1999 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Home with brick exterior material, street for 56 Linacre Dr, Richmond Hill Ontario L4E 0W2

Sold for $1,634,000

$55K below asking

56 Linacre Dr, Richmond Hill

Detached442500-3000 sq ft

Listed by RE/MAX EXPERTS

Home with brick exterior material, street for 32 Berringer St, Richmond Hill Ontario L4B 3T8

Sold for $1,792,000

$93K above asking

32 Berringer St, Richmond Hill

Detached4+142000-2500 sq ft

Listed by BLUE WHALE CAPITAL REALTY INC.

Home with brick exterior material, street for 23 Observatory Lane #81, Richmond Hill Ontario L4C 0M7

Sold for $980,000

$181K above asking

23 Observatory Lane #81, Richmond Hill

Condo331600-1799 sq ft

Listed by HC REALTY GROUP INC.

Home with brick exterior material, street for 107 Church St, Richmond Hill Ontario L4C 1W4

Sold 2 days ago

Sold for $1,300,000

$101K above asking

107 Church St, Richmond Hill

Detached522000-2500 sq ft

Listed by HOMELIFE LANDMARK RH REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 4 Summit Trail Dr, Richmond Hill Ontario L4E 3S7

Sold 2 days ago

Sold for $3,850,000

$262K above asking

4 Summit Trail Dr, Richmond Hill

Detached4+153500-5000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 37 Cygnus Dr, Richmond Hill Ontario L4C 8P1

Sold 2 days ago

Sold for $1,720,000

$48K below asking

37 Cygnus Dr, Richmond Hill

Detached4+242000-2500 sq ft

Listed by MEHOME GOLDEN TEAM REALTY INC.

Home with brick exterior material, street for 61 Graydon Cres, Richmond Hill Ontario L4B 3V9

Sold 2 days ago

Sold for $2,765,000

$223K below asking

61 Graydon Cres, Richmond Hill

Detached4+163500-5000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 106 Ravine Edge Dr, Richmond Hill Ontario L4E 4J6

Sold 2 days ago

Sold for $2,235,000

$47K above asking

106 Ravine Edge Dr, Richmond Hill

Detached4+243000-3500 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

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