Mill PondHousing market

Mill Pond

Mill Pond Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

14

Days of inventory (DOI)*

DOI 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 DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

30

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*

43 active

New

23(+27.78% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 28, in 2023: 28, in 2022: 28

Total Sold Listings*

3 sold

Median Sold Price

$1,370,000

Avg Days on Market

30 days

Median Bidding

-$4,000

Compared to number of sold, same period, in 2024: 10, in 2023: 9, in 2022: 10

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Mill Pond - All types

Sold vs Active vs New vs Relisted - Mill Pond - All types

Sold Price Distribution - Mill Pond - All types

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

Property Type Distribution - Mill Pond - All types

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

Median Price - Mill Pond - All types

Just listed - Mill Pond

Unknown for 67 Richmond St #304, Richmond Hill Ontario L4C 3Y3

1 day on market

Up to5K Cashback

67 Richmond St #304, Richmond Hill

Condo21800-899 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

Home with brick exterior material, street for 34 Gatcombe Circ, Richmond Hill Ontario L4C 9P5

3 days on market

Up to17K Cashback

34 Gatcombe Circ, Richmond Hill

Detached442500-3000 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 179 Driscoll Rd, Richmond Hill Ontario L4C 4H9

3 days on market

Up to11K Cashback

179 Driscoll Rd, Richmond Hill

Detached31- sq ft

Listed by RED APPLE REAL ESTATE INC.

Just sold - Mill Pond

Home with brick exterior material, street for 34 Innis Cres, Richmond Hill Ontario L4C 5K2

Sold 4 days ago

Sold for $1,380,000

$18K below asking

34 Innis Cres, Richmond Hill

Detached432000-2500 sq ft

Listed by RE/MAX PRIME PROPERTIES

Home with brick exterior material, street for 132 Hall St, Richmond Hill Ontario L4C 4N8

Sold 15 days ago

Sold for $1,182,500

$33K below asking

132 Hall St, Richmond Hill

Townhouse3+132000-2500 sq ft

Listed by SMART SOLD REALTY

Living room with furniture, unknown for 35 Hunt Ave #PH 2, Richmond Hill Ontario L4C 4H1

Sold 24 days ago

Sold for $670,000

35 Hunt Ave #PH 2, Richmond Hill

Condo2+121000-1199 sq ft

Listed by SILVERSTARR REALTY INC.

Population and Demographics

Overview

Total population 11510

Average household income $157,974

Age (%)

50 to 64

26%

65 and plus

20%

0 to 19

20%

35 to 49

18%

20 to 34

17%

Household composition (%)

Single family

76%

Single person

21%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

53%

Iranian Persian

12%

Mandarin

8%

Russian

7%

Italian

5%

Yue (Cantonese)

4%

Others

3%

Persian (Farsi)

2%

Korean

1%

House tenancy (%)

Owners

76%

Renters

24%

Top 4 Schools in Mill Pond

École Secondaire Norval-Morrisseau51 Wright rue, L4C 4A1, Richmond Hill, ON

8.8/10

Public•9-12

Pleasantville Public School400 Mill St, L4C 4B9, Richmond Hill, ON

7.6/10

Public•JK-8

St Mary Immaculate Catholic Elementary School161 Regent St, L4C 9N9, Richmond Hill, ON

7.5/10

Public•JK-8

O M MacKillop Public School206 Lucas St, L4C 4P7, Richmond Hill, ON

4.8/10

Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

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

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-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