TRREB Market Watch · June 2025 · Archive

Richmond Hill Housing Market Report

This is an archived monthly report for June 2025. View the latest Richmond Hill market report (July 2026)

June 2025 snapshot — all home types

Average Price$1,294,905
-12.4% MoM YoY
Home Sales174
+14.5% MoM YoY
New Listings645
-14.8% MoM YoY
Median Price$1,215,500
-4.2% MoM YoY
Active Listings1,194
Months of Inventory5.4
Sales-to-New-Listings30.4%
Avg. Sale/List Price98.0%
Avg. Days on Market29

In June 2025, the Richmond Hill housing market recorded 174 home sales — up 14.5% from May 2025. The average selling price was $1,294,905 (median $1,215,500), down 12.4% month-over-month.

On the supply side, 645 new listings came to market and 1,194 properties were available at month-end, roughly 5.4 months of inventory. Homes sold for an average of 98.0% of the list price and took about 29 days to sell.

By property type

Home TypeSalesAvg. PriceMedianMoMYoY
All Home Types174$1,294,905$1,215,500-12.4%
Detached86$1,746,676$1,627,500-12.4%
Semi-Detached8$1,119,750$1,090,000-10.0%
Townhouse26$1,153,377$1,145,000-1.8%
Condo Townhouse7$820,571$810,000-3.1%
Condo Apartment42$595,157$590,000-2.6%

Trend up to June 2025— average price & sales

May 2025 · $1,478,294June 2025 · $1,294,905
MonthSalesAvg. PriceNew ListingsActive
June 2025174$1,294,9056451,194
May 2025152$1,478,2947571,191

More Richmond Hill monthly reports

Nearby market reports

Source: Toronto Regional Real Estate Board (TRREB) Market Watch, June 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).