Richmond Hill Housing Market Report
This is an archived monthly report for May 2025. View the latest Richmond Hill market report (July 2026) →
May 2025 snapshot — all home types
Average Price$1,478,294
— MoM— YoY
Home Sales152
— MoM— YoY
New Listings757
— MoM— YoY
Median Price$1,268,750
— MoM— YoY
Active Listings1,191
Months of Inventory5.3
Sales-to-New-Listings30.4%
Avg. Sale/List Price97.0%
Avg. Days on Market31
In May 2025, the Richmond Hill housing market recorded 152 home sales. The average selling price was $1,478,294 (median $1,268,750).
On the supply side, 757 new listings came to market and 1,191 properties were available at month-end, roughly 5.3 months of inventory. Homes sold for an average of 97.0% of the list price and took about 31 days to sell.
By property type
| Home Type | Sales | Avg. Price | Median | MoM | YoY |
|---|---|---|---|---|---|
| All Home Types | 152 | $1,478,294 | $1,268,750 | — | — |
| Detached | 80 | $1,992,959 | $1,620,000 | — | — |
| Semi-Detached | 6 | $1,244,050 | $1,273,750 | — | — |
| Townhouse | 27 | $1,175,040 | $1,201,000 | — | — |
| Condo Townhouse | 7 | $847,000 | $905,000 | — | — |
| Condo Apartment | 31 | $611,274 | $592,000 | — | — |
More Richmond Hill monthly reports
Nearby market reports
Source: Toronto Regional Real Estate Board (TRREB) Market Watch, May 2025. Statistics are based on MLS® System sales reported by TRREB member brokerages and are provided for general information only. MLS® is a registered trademark of the Canadian Real Estate Association (CREA).