Richmond Hill Housing Market Report
This is an archived monthly report for August 2025. View the latest Richmond Hill market report (July 2026) →
August 2025 snapshot — all home types
In August 2025, the Richmond Hill housing market recorded 176 home sales — down 13.7% from July 2025. The average selling price was $1,247,531 (median $1,165,000), down 5.9% month-over-month.
On the supply side, 499 new listings came to market and 1,103 properties were available at month-end, roughly 5.6 months of inventory. Homes sold for an average of 98.0% of the list price and took about 37 days to sell.
By property type
| Home Type | Sales | Avg. Price | Median | MoM | YoY |
|---|---|---|---|---|---|
| All Home Types | 176 | $1,247,531 | $1,165,000 | -5.9% | — |
| Detached | 81 | $1,694,098 | $1,535,000 | -4.2% | — |
| Semi-Detached | 10 | $947,700 | $950,000 | -16.7% | — |
| Townhouse | 33 | $1,120,121 | $1,150,000 | -1.2% | — |
| Condo Townhouse | 14 | $924,456 | $836,000 | +13.6% | — |
| Condo Apartment | 38 | $604,212 | $557,000 | -5.8% | — |
Trend up to August 2025— average price & sales
| Month | Sales | Avg. Price | New Listings | Active |
|---|---|---|---|---|
| August 2025 | 176 | $1,247,531 | 499 | 1,103 |
| 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, August 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).