Oak RidgesHousing market

Oak Ridges

Oak Ridges Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

9

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.

17

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*

156 active

New

100(+21.95% YoY)

Relisted

6(+20.00% YoY)

Compared to number of active, same period, in 2024: 95, in 2023: 78, in 2022: 99

Total Sold Listings*

17 sold

Median Sold Price

$1,188,000

Avg Days on Market

17 days

Median Bidding

-$20,200

Compared to number of sold, same period, in 2024: 30, in 2023: 33, in 2022: 49

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Oak Ridges - All types

Sold vs Active vs New vs Relisted - Oak Ridges - All types

Sold Price Distribution - Oak Ridges - All types

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

Property Type Distribution - Oak Ridges - All types

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

Median Price - Oak Ridges - All types

Just listed - Oak Ridges

Home with brick exterior material, street for 110 Seguin St, Richmond Hill Ontario L4E 2Y3

Re-listed 1 hour ago

$•••,•••

Up to19K Cashback

110 Seguin St, Richmond Hill

Detached442500-3000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, building for 4B McCachen St, Richmond Hill Ontario L4E 1L4

2 hours on market

Up to17K Cashback

4B McCachen St, Richmond Hill

Townhouse352000-2500 sq ft

Listed by CAPITAL NORTH REALTY CORPORATION

Home with brick exterior material, street for 52 Wildwood Ave, Richmond Hill Ontario L4E 3B3

Re-listed 5 hours ago

$•••,•••

Up to28K Cashback

52 Wildwood Ave, Richmond Hill

Detached463000-3500 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Just sold - Oak Ridges

Patio, water/lake/river/ocean view for 80 Nantucket Dr, Richmond Hill Ontario L4E 3V9

Sold 3 days ago

Sold for $1,139,000

$20K above asking

80 Nantucket Dr, Richmond Hill

Semi-Detached331500-2000 sq ft

Listed by RE/MAX KEY2 REAL ESTATE

Home with brick exterior material, street for 90 Brightsview Dr, Richmond Hill Ontario L4E 3Y9

Sold 4 days ago

Sold for $1,220,000

$30K below asking

90 Brightsview Dr, Richmond Hill

Detached341500-2000 sq ft

Listed by ROYAL LEPAGE RCR REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 12860 Yonge St #3, Richmond Hill Ontario L4E 1J4

Sold 6 days ago

Sold for $818,000

$31K below asking

12860 Yonge St #3, Richmond Hill

Condo231200-1399 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Population and Demographics

Overview

Total population 22974

Average household income $160,739

Age (%)

0 to 19

26%

50 to 64

23%

35 to 49

23%

20 to 34

16%

65 and plus

12%

Household composition (%)

Single family

83%

Single person

13%

Multi person

2%

Multi family

2%

Mother tongue (%)

English

51%

Mandarin

11%

Iranian Persian

10%

Yue (Cantonese)

6%

Russian

6%

Italian

5%

Arabic

2%

Korean

1%

Spanish

1%

Others

1%

House tenancy (%)

Owners

86%

Renters

14%

Top 5 Schools in Oak Ridges

Bond Lake Public School245 Old Colony Road, L4E 5B9, Richmond Hill, ON

8.7/10

Public•JK-8

Our Lady of Hope Catholic Elementary School80 Red Cardinal Trail, L4E 4B8, Richmond Hill, ON

8/10

Public•JK-8

Father Frederick McGinn Catholic Elementary School61 Brockdale St, L4E 4W2, Richmond Hill, ON

7.6/10

Public•JK-8

Kettle Lakes Public School62 Kingshill Rd, L4E 4X5, Richmond Hill, ON

7.4/10

Public•JK-8

Our Lady of the Annunciation Catholic Elementary School30 Bayswater Ave, L4E 2L3, Richmond Hill, ON

7.4/10

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

Other transportation modes are needed to reach day-to-day needs

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

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance