Market insights · Richmond Hill

Richmond Hill market

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Richmond HillMarket reportSeptember 2026

Market at a glance

The latest figures for Richmond Hill — September 2026.

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In September 2026, 165 homes sold in Richmond Hill at a median price of $1,070,000, 9.3% lower than in September 2025. Homes took 36 days to sell on average and sold for 98.9% of the asking price.

Buyers' or sellers' market · last 3 months · 521 sales, all homesBuyer's marketHomes in Richmond Hill are taking around 37 days to sell, and going for about 98.7% of asking. There is usually room to negotiate.

Median sold price: the middle sale of the month, by firm date. Days on market: the average for homes that sold. Months of inventory: TRREB's figure for all homes (TRREB Market Watch): homes for sale at month end ÷ the trend in monthly sales. Year-ago comparisons use the same area and home type.

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Seasonal patterns

How a typical year runs in York Region, from 2013–2025 sales. A history, not a forecast.

Bars: the average share of a year's sales that happened in each month. Under each month: how its median sold price sat against that year's own trend (the median over 13 years) — partly the season, partly which homes sell then. In a typical year September has 8.3% of the year's sales. Pattern shown for York Region.

Property types at a glance

Compare key metrics by home type — September 2026.

Share of homes sold

Distribution of sales by property type — September 2026.

  • Detached48.5%80
  • Semi-detached4.2%7
  • Townhouse18.2%30
  • Condo townhouse8.5%14
  • Condo apartment20.6%34

Completed sales, not homes for sale. Percentages are rounded, so they may not add to exactly 100%.

Market pace

Key indicators of market activity: what's coming on, what's available and how fast it's selling.

New listings584
-10.8% vs. Sep 2025lower
Homes newly listed for sale in Sep 2026 (TRREB).
Active listings974
-12.9% vs. Sep 2025lower
For sale at the end of Sep 2026 (TRREB).
Sales-to-new-listings ratio33%
+2.5 pts vs. Sep 2025higher
TRREB’s trend figure for all homes: sales ÷ new listings.
Months of inventory5.6
0.0 vs. Sep 2025unchanged
TRREB, all homes: how long the homes for sale would last at the recent pace of sales.

New listings, active listings, sales-to-new-listings and months of inventory: TRREB Market Watch, September 2026. TRREB counts every listing on its board, so its figures differ a little from the sales counts above.

Buy vs rent

Estimated monthly cost to own at Richmond Hill's median sold price, next to what homes are listed for rent at today.

Own$5,877per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$4,974
Property tax (estimate)$803
Home insurance (estimate)$100
Total to own$5,877

Assumptions: 20% down, 4.99% for 25 years compounded semi-annually (as Canadian mortgages are), property tax at 0.9% of the price a year, home insurance about $100 a month; no condo fee. Rents are asking rents of whole homes listed for lease today, not signed leases; a bedroom count with fewer than 10 listings isn't shown. An estimate to compare the market, not advice for your situation.

Compare areas

See how different regions performed in September 2026: median sold price and change from a year earlier.

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Every area uses the same measure: median sold price of all homes, by firm date, for September 2026. Pictures are illustrations.

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Days on market

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Sold vs asking

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Benchmark price (TRREB HPI)

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Homes for sale now

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Each area's newest finished month, all homes, by firm date; the benchmark is TRREB's latest; homes for sale are today's count. A figure with too few sales to publish says so.

Monthly market data

Homes sold, median price, days on market and sold vs asking in Richmond Hill, for the last 36 months.

Show the table
MonthHomes soldMedian priceDays on marketSold vs asking
Oct 2026 (so far)76$1,180,0003198.6%
Sep 2026165$1,070,0003698.9%
Aug 2026175$1,060,0003697.7%
Jul 2026181$1,140,0003999.4%
Jun 2026224$1,110,0003298.8%
May 2026230$1,170,0002798.9%
Apr 2026193$1,040,0003399.0%
Mar 2026143$1,100,0002898.8%
Feb 2026124$1,120,0004197.2%
Jan 2026102$1,160,0004996.7%
Dec 2025104$1,140,0004597.9%
Nov 2025163$1,100,0003499.1%
Oct 2025177$1,190,0003398.0%
Sep 2025186$1,180,0003299.5%
Aug 2025178$1,170,0003698.7%
Jul 2025196$1,200,0003399.0%
Jun 2025169$1,240,0003098.3%
May 2025161$1,260,0002998.9%
Apr 2025167$1,220,00025100.1%
Mar 2025141$1,220,00022101.6%
Feb 2025127$1,210,00028100.7%
Jan 2025118$1,230,00041101.0%
Dec 2024157$1,260,0004299.8%
Nov 2024190$1,280,00028100.5%
Oct 2024203$1,400,0002898.8%
Sep 2024166$1,260,0003199.2%
Aug 2024155$1,280,00030100.7%
Jul 2024166$1,290,00030100.3%
Jun 2024155$1,450,00023102.3%
May 2024191$1,310,00019103.3%
Apr 2024236$1,330,00019103.7%
Mar 2024199$1,370,00021105.1%
Feb 2024190$1,350,00026102.8%
Jan 2024138$1,130,00034100.3%
Dec 2023107$1,290,0003598.0%
Nov 2023131$1,280,0002199.4%

By firm date. A dash: too few sales that month to publish the figure.

Latest market insights

Analysis, trends and what the numbers mean for buyers and sellers.

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York · Market Report

Full market report: Richmond Hill

Median sold price, volume, days on market and home-type mix across Richmond Hill. Latest full month: September 2026.

Updated with September 2026 sold data · October so far: 76 sales

The Richmond Hill market, at a glance

Sold prices, pace, and neighbourhood detail — pick any month we've reported.

$1,070,000
MEDIAN SOLD PRICE
▲ 0.9% vs prior month
165
HOMES SOLD
36
AVG DAYS ON MARKET
98.9%
SOLD-TO-LIST
17
NEIGHBOURHOODS
September
REPORT MONTH

Choose your neighbourhood

Median sold price by Richmond Hill neighbourhood in September 2026. Tap any neighbourhood for its full report.

Jefferson
$1,300,000
median sold · 19 sold
Rural Richmond Hill
$1,160,000
median sold · 17 sold
Langstaff
$650,000
median sold · 17 sold
Oak Ridges
$1,200,000
median sold · 17 sold
Harding
$810,000
median sold · 11 sold
Rouge Woods
$1,500,000
median sold · 11 sold
North Richvale
$1,150,000
median sold · 11 sold
Crosby
$1,010,000
median sold · 10 sold
Oak Ridges Lake Wilcox
$1,170,000
median sold · 8 sold
South Richvale
$1,210,000
median sold · 8 sold
Observatory
$740,000
median sold · 7 sold
Westbrook
$1,010,000
median sold · 7 sold
Devonsleigh
$1,180,000
median sold · 6 sold
Mill Pond
$1,040,000
median sold · 6 sold
Doncrest
$560,000
median sold · 5 sold
Bayview Hill
—
median sold · 4 sold
Beaver Creek Business Park
—
median sold · 1 sold

What sold in Richmond Hill, by home type — September 2026

Every style of home, averaged honestly — so you can see exactly where your home fits.

⌂ Detached homesAVG SOLD PRICE
2-Storey Detached
65 sales · 30d to sell
$1,660,000
AVG SOLD
Bungalow
13 sales · 34d to sell
$1,210,000
AVG SOLD
Sidesplit
1 sale · too few to publish a price
—
INDICATIVE
1.5-Storey Detached
1 sale · too few to publish a price
—
INDICATIVE
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Condo Apt
34 sales · 45d to sell
$580,000
AVG SOLD
Freehold town · 2-storey
21 sales · 23d to sell
$1,030,000
AVG SOLD
Freehold town · 3-storey
9 sales · 60d to sell
$1,110,000
AVG SOLD
Semi-Detached
7 sales · 15d to sell
$1,050,000
AVG SOLD
Stacked condo town
7 sales · 65d to sell
$640,000
AVG SOLD
Condo town · 3-storey
5 sales · 44d to sell
$800,000
AVG SOLD
Condo town · 2-storey
2 sales · too few to publish a price
—
INDICATIVE

Average sold price within each tier. Detached split by style; townhomes by freehold or condo and 2- or 3-storey; semis and links counted separately. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Sold-to-asking by home type

Above 100% means homes traded over ask — a read on where competition is hottest.

Detached98.2%
Condo Apt97.6%
Att/Row/Townhouse102.1%
Condo Townhouse99.0%
Semi-Detached100.2%

Detached homes sold — by size

Median price and price-per-square-foot for detached homes across size bands in September 2026. Smaller homes cost more per foot; larger homes cost more overall.

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
Under 1,000$560,00029$725
1,000 - 1,499$700,00027$610
1,500 - 1,999$1,040,00039$595
2,000 - 2,499$1,300,00031$575
2,500 - 2,999$1,500,00015$545
3,000 - 3,499$1,780,00014$545
3,500+$2,630,00010$620

Bands with only a handful of sales are directional. Ask us for the fuller multi-month trend.

Benchmark home values

The TRREB Home Price Index — the price of a typical Richmond Hill home by type, with year-over-year change. As of September 2026.

Detached
$1,514,400
▼ 6.5% year over year
Semi / Attached
$1,011,800
▼ 4.6% year over year
Townhouse
$781,200
▼ 5.0% year over year
Condo Apt
$493,000
▼ 12.3% year over year
$1,157,700
BENCHMARK HOME VALUE · SEPTEMBER 2026
MONTH-OVER-MONTH
-0.20%
YEAR-OVER-YEAR
-6.33%

HPI INDEX — MONTHLY · OCT '25–SEP '26
293.1312.0OctNovDecJanFebMarAprMayJunJulAugSep

Index down 18.9 pts over the last 12 months — values trending down. A higher index means a higher typical home value. Scale zoomed to show monthly change · Source: TRREB / Altus HPI.


RICHMOND HILL COMPOSITE BENCHMARK PRICE · 2012–2026 · TYPICAL HOME VALUE
$1.16M$588K$1.46M'12'13'18'19'20'21'22'23'24'25'26

The typical Richmond Hill home is up about 97% over the period shown — through the 2021 peak and the correction since. Year-end MLS® HPI composite benchmark · Source: TRREB / Altus HPI.

Recent sold homes — September 2026

Individual sold listings across Richmond Hill — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Richmond Hill prices

Two forces sit behind almost every price move: the cost of borrowing and the pace of inflation. When rates fall and inflation cools, buying power rises and prices tend to firm; when they climb, the market cools.

5-year fixed mortgage rate
4.49%
▲ 0.14 pt
Jul 2025Jul 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.00%
Aug 2025Aug 2026
Bank of Canada / StatCan · year-over-year

Homes for sale in Richmond Hill

A live look at what's on the market right now.

63 Oatlands Crescent, Richmond Hill, ON L4C 9P2
◷ Open House Sat 2–4pm
$2,000,000
63 Oatlands CrescentRichmond Hill, ON L4C 9P2
Richmond Hill · Mill Pond
4 + 1 bed4 bath8 parking3000–3500 sq ft
2 days ago
Open house Saturday, Oct 17 · 2pm–4pm
MLS® N14082056KELLER WILLIAMS REFERRED URBAN REALTY
74 Ellesmere Street, Richmond Hill, ON L4B 4E3
Price Change
$940,000
74 Ellesmere StreetRichmond Hill, ON L4B 4E3
Richmond Hill · Langstaff
2 + 1 bed3 bath2 parking1100–1500 sq ft
3 weeks ago
MLS® N13823456T-ONE GROUP REALTY INC.,
9471 Yonge Street 315, Richmond Hill, ON L4C 1V4
Price Change
$429,000
9471 Yonge Street 315Richmond Hill, ON L4C 1V4
Richmond Hill · Observatory
1 bed1 bath2 parking500–599 sq ft
1 week ago
Renavu EstimateHigh
In line with our estimate
Estimated value: $430,000
MLS® N13861612RE/MAX REAL ESTATE CENTRE INC.
71 Puccini Drive 4, Richmond Hill, ON L4E 4X8
$949,000
71 Puccini Drive 4Richmond Hill, ON L4E 4X8
Richmond Hill · Oak Ridges
3 bed4 bath2 parking1500–2000 sq ft
3 days ago
Renavu EstimateHigh
4% below our estimate
Estimated value: $985,000
MLS® N14032266SUTTON GROUP-ADMIRAL REALTY INC.
128 Carmela Avenue, Richmond Hill, ON L4E 2V6
Sold Conditional
$1,500,000
128 Carmela AvenueRichmond Hill, ON L4E 2V6
Richmond Hill · Oak Ridges
3 + 1 bed3 bath4 parking2000–2500 sq ft
3 weeks ago
Renavu EstimateHigh
7% above our estimate
Estimated value: $1,404,000
MLS® N13813178COLDWELL BANKER THE REAL ESTATE CENTRE
1 Bassview Court, Richmond Hill, ON L4E 0M3
Price Change
$1,359,900
1 Bassview CourtRichmond Hill, ON L4E 0M3
Richmond Hill · Jefferson
4 + 1 bed4 bath6 parking2000–2500 sq ft
1 week ago
Renavu EstimateHigh
9% above our estimate
Estimated value: $1,250,000
MLS® N13873364RE/MAX HALLMARK REALTY LTD.
See all Richmond Hill listings →
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