As of October 19, 2026, HomeZira shows about 743 freehold listings and 300 condo listings currently offered for sale in Richmond Hill on this website.
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Richmond Hill Real Estate Market — Prices, Trends & Listings
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🏠 Richmond Hill Homes for Sale — Current Inventory & Asking Prices
Data as of
Richmond Hill currently has approximately 743 active freehold listings and 300 active condo listings publicly displayed on this website. The latest median asking price of these public listings is about $1,560,000 for freehold homes and $598,000 for condos.
Use the table below to compare current availability and median asking prices across the major property types shown.
| Detached | Semi-Detached | Townhouses | Condo Townhouses | Condo Apartments | |
|---|---|---|---|---|---|
| # of Current Listings | 546 | 26 | 136 | 71 | 219 |
| Median Asking Price | $1,849,000 | $1,023,950 | $1,050,000 | $789,999 | $560,000 |
Asking prices reflect homes currently offered for sale and are not sold prices. Overall freehold and condo inventory may include property types not shown separately in the table. Inventory and asking prices may change as listings enter or leave the market.
📈 Richmond Hill Housing Market Report — September 2026
Based on TRREB Market Watch monthly statistics
Reporting period:
September 2026
Source: TRREB Market Watch. Analysis and calculations by HomeZira.
Richmond Hill Freehold and Condo Market Conditions
Freehold and condo conditions can move differently, so HomeZira evaluates the two segments separately using the major property types published in TRREB Market Watch.
Freehold Market Condition
Freehold Market Condition
Months of Inventory (MOI) estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.
Sales-to-New-Listings Ratio (SNLR) compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.
HomeZira uses both indicators to assess the overall market condition.
🔷
Balanced Market — Buyer-Leaning
5.4
12-month MOI
33.7%
12-month SNLR
Freehold activity recorded 123 sales in September 2026, up 4.2% from August 2026 and 12.1% lower than September 2025. Active listings totaled 692, up 5.3% from August 2026 and 13.1% lower than September 2025. Average LDOM was 31 days.
Condo Market Condition
Condo Market Condition
Months of Inventory (MOI) estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.
Sales-to-New-Listings Ratio (SNLR) compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.
HomeZira uses both indicators to assess the overall market condition.
🔵
Buyer's Market
6
12-month MOI
32.9%
12-month SNLR
Condo activity recorded 49 sales in September 2026, up 16.7% from August 2026 and 6.5% higher than September 2025. Active listings totaled 275, up 1.1% from August 2026 and 11.0% lower than September 2025. Average LDOM was 49 days.
Richmond Hill Freehold and Condo Market Snapshot — September 2026
Compare the major freehold and condo segments side by side. Monthly rows use the September 2026 reporting period; 12-month MOI and SNLR use trailing-12-month calculations ending in September 2026. MoM compares with August 2026, while YoY compares with September 2025.
| Metric | Freehold | Condo | ||||
|---|---|---|---|---|---|---|
| September 2026 | MoM | YoY | September 2026 | MoM | YoY | |
|
Sales
Monthly Home Sales
The number of residential home sales reported during the month. Comparing sales with previous periods can help show whether market activity is increasing or decreasing. |
123 | +4.2% | -12.1% | 49 | +16.7% | +6.5% |
|
Average Sold Price
Average Sold Price
The average selling price of homes in the segment during the month. It is calculated using the combined dollar volume and number of sales for the major property types included in that segment. |
$1,416,624 | -1% | -9.1% | $618,330 | +7.2% | -0.7% |
|
New Listings
New Listings
The number of residential listings newly added to the market during the month. Comparing new listings with sales can help show whether available housing supply is growing faster or slower than buyer activity. |
431 | +35.1% | -8.9% | 147 | +14% | -15% |
|
Active Listings
Active Listings
The number of residential listings available for sale at the end of the reporting period. Higher active inventory generally gives buyers more choice, while lower inventory means fewer homes are available. |
692 | +5.3% | -13.1% | 275 | +1.1% | -11% |
|
Average LDOM
Listing Days on Market (LDOM)
The average number of days a successful listing was on the market before it sold. A lower LDOM generally means homes were selling faster, while a higher LDOM means they were taking longer to sell. |
31 days | -3 days | -2 days | 49 days | +4 days | +15 days |
|
12-Month MOI
Months of Inventory (MOI)
Months of Inventory estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers. |
5.4 months | 0 months | — | 6 months | -0.1 months | — |
|
12-Month SNLR
Sales-to-New-Listings Ratio (SNLR)
The Sales-to-New-Listings Ratio compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales. |
33.7% | -0.1 pts | — | 32.9% | +0.7 pts | — |
What the September 2026 Freehold and Condo Markets Mean for Buyers and Sellers
For Buyers
Freehold
Freehold conditions in Richmond Hill were balanced but buyer-leaning, giving buyers somewhat more choice and negotiating room than in a tighter market. Active freehold inventory rose 5.3% from August 2026, while new listings rose 35.1%. That expanded both available and fresh choice for buyers. Homes averaged 31 days on market, selling 3 days faster than in the previous month, so buyers may need to act more quickly on attractive properties.
Condo
Condo conditions in Richmond Hill favoured buyers. With 6.0 months of inventory, available supply was relatively high compared with the recent sales pace, giving buyers greater choice and negotiating leverage. New condo listings rose 14.0% from August 2026, adding fresh options for buyers. Homes averaged 49 days on market, taking 4 days longer to sell than in the previous month and giving buyers somewhat more time to compare properties.
For Sellers
Freehold
Freehold conditions in Richmond Hill were balanced but buyer-leaning, increasing competition among sellers for available buyer demand. Freehold sales rose 4.2% from August 2026, while active inventory rose 5.3%. More transactions were completed, although sellers also faced more competing inventory. Homes averaged 31 days on market and sold faster than in the previous month, indicating stronger momentum for well-positioned listings.
Condo
Condo sellers in Richmond Hill faced a more competitive environment. With 6.0 months of inventory, available supply was relatively high compared with the recent sales pace. Condo sales rose 16.7% from August 2026, showing stronger transaction activity. Homes averaged 49 days on market and took longer to sell than in the previous month, increasing the importance of strong presentation and standing out from competing listings.
Richmond Hill Housing Market by Property Type — September 2026
See how different property types performed in Richmond Hill during September 2026, including sales activity, sold prices, available inventory and average market time.
| Property Type | Sales | Median Sold Price | New Listings | Active Listings |
12-Month MOI
Months of Inventory (MOI)
Measures housing supply relative to the recent pace of sales. Lower MOI generally indicates tighter supply and stronger competition, while higher MOI generally means buyers have more choice. This 12-month MOI is calculated by HomeZira using TRREB Market Watch data. |
Avg. Sale-to-List
Average Sale-to-List Ratio
Shows the average selling price as a percentage of the listing price. A ratio of 100% means homes sold at their listing price on average. Above 100% means they sold above list price on average, while below 100% means they sold below list price on average. |
Avg. LDOM
Listing Days on Market (LDOM)
The average number of days a successful listing was on the market before it sold. A lower LDOM generally means homes were selling faster, while a higher LDOM means they were taking longer to sell. |
|---|---|---|---|---|---|---|---|
| Detached | 84 | $1,438,500 | 321 | 551 | 6.1 months | 97% | 31 days |
| Semi-Detached | 8 | $1,000,000 | 21 | 25 | 3.7 months | 99% | 22 days |
| Freehold Townhouse | 31 | $1,020,000 | 89 | 116 | 4.1 months | 101% | 34 days |
| Condo Townhouse | 15 | $700,000 | 34 | 67 | 5.9 months | 99% | 55 days |
| Condo Apartment | 34 | $529,250 | 113 | 208 | 6 months | 98% | 46 days |
What Stands Out by Property Type
HomeZira's September 2026 property-type comparison shows that Semi-Detached had the strongest overall demand profile among the property types shown in Richmond Hill. That segment combined a 12-month MOI of 3.7 months, the fastest average selling time at 22 days and an average sale-to-list ratio of 99.0%, while recording 8 sales. Detached recorded the most sales at 84, but sales volume alone did not make it the strongest demand segment; its 12-month MOI of 6.1 months, 31-day average LDOM and 97.0% average sale-to-list ratio pointed to less intense competition than Semi-Detached.
At the softer end of the market, Condo Apartment showed conditions that generally gave buyers comparatively more time and negotiating room, with a 12-month MOI of 6.0 months, an average selling time of 46 days and a 98.0% average sale-to-list ratio. Detached had the highest 12-month MOI at 6.1 months, but it sold faster at about 31 days compared with 46 days for Condo Apartment. This left Condo Apartment with the softer combined demand profile. For sellers, Semi-Detached was operating in relatively stronger conditions, while Condo Apartment sellers faced more competition for buyer attention and may benefit from careful pricing and presentation. Buyers focused on Condo Apartment may have more opportunity to compare listings and negotiate than buyers focused on Semi-Detached.
🔒 Ultra-Current Richmond Hill Sold Market Intelligence — Updated Daily
Sold data updated through
Go beyond asking prices and last month’s market report. Compare the latest 0–30 days with 31–60 days ago, 61–90 days ago, and the comparable period one year earlier. Explore recent sold prices, sales activity, Days on Market, sale-to-list performance, market conditions, and location-by-location sold-market trends after signing in.
🧑🤝🧑 Richmond Hill Population and Demographics
(Population and demographic figures in this section are based on Statistics Canada, 2021 Census of Population.)
Richmond Hill has a population of 202,022 (2021). Population has been growing (+3.6%) since 2016. It’s a globally connected city where newcomers make up 58.2% of residents. Visible minorities form a clear majority (66.4%).
Homeownership is prevalent (78.2%), with renters at about 21.8%. Housing stock includes 39,295 detached, 2,665 semi-detached, 10,505 row/town, 1,695 low-rise apts, and 12,960 high-rise apts. There are approximately 69,315 private dwellings overall.
Average household income sits near $134,000. Commuting patterns are varied — 7.9% use transit, 86.7% drive, and 39.8% work from home. 48.9% work at a usual workplace.
For buyers, recent asking medians point to detached median around $1,849,000 and freehold-town median near $1,050,000 (latest available).
Last updated: 2024-02-03 17:59:22
Richmond Hill Market & Demographics Snapshot
Population & Growth
Population (2021)
202,022
Change 2016→2021
3.6%
Community Diversity
Newcomers (immigrants)
58.2%
Visible minorities
66.4%
Housing Tenure
Owner-occupied
78.2%
Renter-occupied
21.8%
Housing Stock
Detached39,295
Semi-detached2,665
Row/Town10,505
Low-rise apts1,695
High-rise apts12,960
Total private dwellings69,315
Income & Commute
Avg household income
$134,000
Use transit
7.9%
Drive
86.7%
Work from home
39.8%
Work at usual workplace
48.9%
Asking Medians (Latest)
Detached
$1,849,000
Freehold Townhouse
$1,050,000
Source: Statistics Canada (2021 Census) and Toronto Regional Real Estate Board (TRREB) market data.
❓ FAQ and Answers: Richmond Hill Housing Market
As of October 19, 2026, the median asking price for freehold homes is about $1,560,000, while the median asking price for condos is about $598,000 in Richmond Hill. These are asking prices for homes currently offered for sale, not sold prices.
As of October 19, 2026, the current median asking prices among the major property types shown for Richmond Hill are approximately Detached: $1,849,000, Semi-Detached: $1,023,950, Freehold Townhouse: $1,050,000, Condo Townhouse: $789,999, Condo Apartment: $560,000. Asking prices reflect current listings and can change as homes enter or leave the market.
In September 2026, the Freehold average sold price was $1,416,624, while the Condo average sold price was $618,330 in Richmond Hill. These are HomeZira-calculated segment averages based on the major property types included in each Freehold and Condo segment.
In September 2026, average sold-price movement in Richmond Hill differed by segment. Freehold: down 1% from August 2026 and down 9.1% from September 2025. Condo: up 7.2% from August 2026 and down 0.7% from September 2025. Freehold and Condo can move differently, so reviewing the two segments separately gives a clearer picture than relying on one combined price trend.
In September 2026, Freehold recorded 123 sales (up 4.2% from August 2026 and down 12.1% from September 2025), while Condo recorded 49 sales (up 16.7% from August 2026 and up 6.5% from September 2025) in Richmond Hill.
In September 2026, Freehold averaged 31 days LDOM, 3 days faster than August 2026, while Condo averaged 49 days LDOM, 4 days longer than August 2026 in Richmond Hill. LDOM is the average Listing Days on Market for homes that sold during the reporting month.
Market conditions in Richmond Hill differ by segment. Based on HomeZira's analysis of September 2026 TRREB Market Watch data, Freehold: Balanced Market — Buyer-Leaning (5.4 months of inventory, 33.7% 12-month SNLR); Condo: Buyer's Market (6 months of inventory, 32.9% 12-month SNLR). HomeZira evaluates Freehold and Condo separately because supply and buyer demand can differ materially between the two segments.
Based on HomeZira's analysis of September 2026 TRREB Market Watch property-type statistics, HomeZira's September 2026 property-type comparison shows that Semi-Detached had the strongest overall demand profile among the property types shown in Richmond Hill. That segment combined a 12-month MOI of 3.7 months, the fastest average selling time at 22 days and an average sale-to-list ratio of 99.0%, while recording 8 sales. Detached recorded the most sales at 84, but sales volume alone did not make it the strongest demand segment; its 12-month MOI of 6.1 months, 31-day average LDOM and 97.0% average sale-to-list ratio pointed to less intense competition than Semi-Detached.
Based on HomeZira's analysis of September 2026 TRREB Market Watch property-type statistics, At the softer end of the market, Condo Apartment showed conditions that generally gave buyers comparatively more time and negotiating room, with a 12-month MOI of 6.0 months, an average selling time of 46 days and a 98.0% average sale-to-list ratio. Detached had the highest 12-month MOI at 6.1 months, but it sold faster at about 31 days compared with 46 days for Condo Apartment. This left Condo Apartment with the softer combined demand profile. For sellers, Semi-Detached was operating in relatively stronger conditions, while Condo Apartment sellers faced more competition for buyer attention and may benefit from careful pricing and presentation. Buyers focused on Condo Apartment may have more opportunity to compare listings and negotiate than buyers focused on Semi-Detached.
Using September 2026 TRREB Market Watch data, Freehold: Richmond Hill Freehold had the 3rd-highest average sold price among the 9 York markets compared. Sales activity ranked 3rd-highest in the comparison group. Average selling time ranked 2nd-fastest among the markets compared. Months of inventory ranked tied for 6th-lowest among the markets compared. Condo: Richmond Hill Condo had the 4th-highest average sold price among the 9 York markets compared. Sales activity ranked 3rd-highest in the comparison group. Average selling time ranked 7th-fastest among the markets compared. Months of inventory ranked 3rd-lowest among the markets compared.
Market Watch FAQ answers use the latest completed TRREB Market Watch reporting period: September 2026. Source: TRREB Market Watch. Analysis and calculations by HomeZira.
Disclaimer:
Market statistics, analysis and Q&A are provided for general
informational purposes only.
Current listing inventory and asking-price figures reflect
public-facing listings available to this website as of
October 19, 2026.
TRREB Market Watch statistics are for
September 2026.
Source: TRREB Market Watch. Analysis and calculations by HomeZira.
Market-level statistics are aggregate figures and do not represent the
value or expected selling price of any individual property. Information
may change or differ from other sources due to reporting periods, update
timing, data availability and methodology. This content is not an
appraisal, legal, tax, financial or investment advice. Verify
property-specific information before making a real estate decision.
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