Mill PondHousing market

Mill Pond

Mill Pond Housing Market Report

Strong Buyer's Market

All types - for the month of March

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.

32

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*

51 active

New

28(+16.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 30, in 2023: 36, in 2022: 28

Total Sold Listings*

7 sold

Median Sold Price

$1,380,000

Avg Days on Market

32 days

Median Bidding

-$18,000

Compared to number of sold, same period, in 2024: 16, in 2023: 13, in 2022: 19

*Data is for the month of March

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

Home with brick exterior material, street for 27 Ellsworth Ave, Richmond Hill Ontario L4C 9N8

1 hour on market

Up to23K Cashback

27 Ellsworth Ave, Richmond Hill

Detached4+143000-3500 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 131 Golf Club Crt, Richmond Hill Ontario L4C 5E1

Re-listed 1 day ago

$•••,•••

Up to15K Cashback

131 Golf Club Crt, Richmond Hill

Detached431500-2000 sq ft

Listed by KELLER WILLIAMS ADVANTAGE REALTY

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

Re-listed 1 day ago

$•••,•••

Up to5K Cashback

67 Richmond St #304, Richmond Hill

Condo21800-899 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

Just sold - Mill Pond

Home with vinyl exterior material, street for 79 Centre St, Richmond Hill Ontario L4C 3P6

Sold 2 days ago

Sold for $1,245,000

$145K above asking

79 Centre St, Richmond Hill

Detached331500-2000 sq ft

Listed by HOMELIFE FRONTIER REALTY INC.

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

Sold 10 days ago

Sold for $1,810,000

$122K above asking

34 Gatcombe Circ, Richmond Hill

Detached44< 700 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Unknown for 51 Arten Ave, Richmond Hill Ontario L4C 9X1

Sold 16 days ago

Sold for $2,580,000

$192K above asking

51 Arten Ave, Richmond Hill

Detached4+26- sq ft

Listed by HOMELIFE LANDMARK RH REALTY

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