Rural Richmond HillHousing market

Rural Richmond Hill

Rural Richmond Hill Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

8

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*

82 active

New

41(-30.51% YoY)

Relisted

2(-60.00% YoY)

Compared to number of active, same period, in 2024: 73, in 2023: 44, in 2022: 10

Total Sold Listings*

10 sold

Median Sold Price

$1,134,000

Avg Days on Market

30 days

Median Bidding

-$24,500

Compared to number of sold, same period, in 2024: 21, in 2023: 6, in 2022: 18

*Data is for the month of February

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

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

Sold Price Distribution - Rural Richmond Hill - All types

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

Property Type Distribution - Rural Richmond Hill - All types

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

Median Price - Rural Richmond Hill - All types

Just listed - Rural Richmond Hill

Home with brick exterior material, street for 76 Boiton St, Richmond Hill Ontario L4S 0M1

3 days on market

Up to16K Cashback

76 Boiton St, Richmond Hill

Semi-Detached34- sq ft

Listed by RIGHT AT HOME REALTY

Living room with furniture, unknown for 71 William F Bell Pkwy, Richmond Hill Ontario L4S 0K1

4 days on market

Up to14K Cashback

71 William F Bell Pkwy, Richmond Hill

Townhouse342000-2500 sq ft

Listed by SUTTON GROUP REALTY SYSTEMS INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 11 David Eyer Rd #1503, Richmond Hill Ontario L4S 1M4

5 days on market

Up to8K Cashback

11 David Eyer Rd #1503, Richmond Hill

Condo231200-1399 sq ft

Listed by RE/MAX CROSSROADS REALTY INC.

Just sold - Rural Richmond Hill

Home with brick exterior material, street for 20 Ness Dr, Richmond Hill Ontario L4S 0J9

Sold 3 days ago

Sold for $1,330,000

$38K below asking

20 Ness Dr, Richmond Hill

Townhouse33- sq ft

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

Home with brick exterior material, street for 21 Bawden Dr, Richmond Hill Ontario L4S 0H3

Sold 5 days ago

Sold for $1,538,000

$200K above asking

21 Bawden Dr, Richmond Hill

Semi-Detached332000-2500 sq ft

Listed by ANJIA REALTY

Home with brick exterior material, street for 113 Maroon Dr, Richmond Hill Ontario L4E 5B7

Sold 11 days ago

Sold for $1,697,000

$71K below asking

113 Maroon Dr, Richmond Hill

Detached4+142500-3000 sq ft

Listed by FIRST CLASS REALTY INC.

Population and Demographics

Overview

Total population 21719

Average household income $170,541

Age (%)

0 to 19

26%

35 to 49

24%

50 to 64

21%

20 to 34

17%

65 and plus

11%

Household composition (%)

Single family

84%

Single person

12%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

37%

Yue (Cantonese)

19%

Mandarin

17%

Iranian Persian

8%

Russian

4%

Korean

3%

Others

2%

Arabic

2%

Italian

2%

House tenancy (%)

Owners

85%

Renters

15%

Top 1 School in Rural Richmond Hill

Richmond Green Secondary School1 William F. Bell Parkway, L4S 2T9, Richmond Hill, ON

7.7/10

Public•9-12

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

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

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

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