Richmond HillON

Balanced Market

Market Data & Trends

Latest data: August 2026

Market Overview

Median Price

$1.3M

1-Year Price Change

Active Listings

967

Median Days on Market

Market Trend

SNLR

35.9%

Market Summary

The median home price in Richmond Hill is $1.3M. There are currently 967 active listings on the market. With 5.8 months of inventory, the market is balanced market.

Balanced Market

At 5.8 months of inventory, supply and demand are well matched. Neither buyers nor sellers have a decisive advantage. Prices tend to appreciate moderately, and properties sell within normal timeframes.

Months of Inventory

5.8

SNLR

35.9%

Richmond Hill is covered by the Toronto Regional Real Estate Board. View the full board-level report including regional narrative and benchmarks.

View Toronto Regional Real Estate Board Report

Period Comparison

Metric	August 2026	July 2026	MoM
Composite Benchmark	$1.2M	$1.2M	-0.6%
Average Price	$1.2M	$1.2M	-1.4%
Total Sales	161	182	-11.5%
New Listings	449	523	-14.1%
Active Listings	933	972	-4.0%
Months of Inventory	5.8	5.3	+9.4%
SNLR	35.9%	34.8%	+3.2%

Price Trends — Richmond Hill

Includes MLS benchmark price

Min: $1.2MAvg: $1.2MMax: $1.2M

Listing MedianMLS Benchmark

Monthly Sales Volume

Source: Toronto Regional Real Estate Board

Min: $161Avg: $196Max: $230

Months of Inventory

Months of supply based on current sales pace

Min: $4Avg: $5Max: $6

Based on 3 data points. More detail available with monthly snapshots.

Current Price Distribution

Under $300K

314%

$300K-$500K

648%

$500K-$750K

12816%

$750K-$1M

11214%

$1M-$1.5M

19023%

Over $1.5M

30036%

Resources

Market ReportFull monthly market report for Richmond Hill Cost of LivingHousing costs & expenses in Richmond Hill Homes for Sale in Richmond HillBrowse 967 active listings Mortgage CalculatorEstimate monthly payments Affordability CalculatorFind out what you can afford Data HubExplore all cities & market data

Market data is sourced from MLS® board statistics and active listings. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.