Richmond Hill Housing Market Report
This is an archived monthly report for July 2025. View the latest Richmond Hill market report (July 2026) →
July 2025 snapshot — all home types
In July 2025, the Richmond Hill housing market recorded 204 home sales — up 17.2% from June 2025. The average selling price was $1,325,820 (median $1,227,500), up 2.4% month-over-month.
On the supply side, 686 new listings came to market and 1,175 properties were available at month-end, roughly 5.5 months of inventory. Homes sold for an average of 98.0% 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 | 204 | $1,325,820 | $1,227,500 | +2.4% | — |
| Detached | 105 | $1,767,460 | $1,630,000 | +1.2% | — |
| Semi-Detached | 3 | $1,137,667 | $1,143,000 | +1.6% | — |
| Townhouse | 37 | $1,133,373 | $1,133,000 | -1.7% | — |
| Condo Townhouse | 8 | $813,500 | $775,000 | -0.9% | — |
| Condo Apartment | 50 | $641,552 | $645,000 | +7.8% | — |
Trend up to July 2025— average price & sales
| Month | Sales | Avg. Price | New Listings | Active |
|---|---|---|---|---|
| July 2025 | 204 | $1,325,820 | 686 | 1,175 |
| June 2025 | 174 | $1,294,905 | 645 | 1,194 |
| May 2025 | 152 | $1,478,294 | 757 | 1,191 |
More Richmond Hill monthly reports
Nearby market reports
Source: Toronto Regional Real Estate Board (TRREB) Market Watch, July 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).