Richmond Hill Housing Market Report
This is an archived monthly report for February 2026. View the latest Richmond Hill market report (July 2026) →
February 2026 snapshot — all home types
In February 2026, the Richmond Hill housing market recorded 121 home sales — up 23.5% from January 2026. The average selling price was $1,166,816 (median $1,100,000), down 9.3% month-over-month.
On the supply side, 406 new listings came to market and 777 properties were available at month-end, roughly 6.4 months of inventory. Homes sold for an average of 97.0% of the list price and took about 40 days to sell.
By property type
| Home Type | Sales | Avg. Price | Median | MoM | YoY |
|---|---|---|---|---|---|
| All Home Types | 121 | $1,166,816 | $1,100,000 | -9.3% | — |
| Detached | 54 | $1,615,930 | $1,494,000 | -3.4% | — |
| Semi-Detached | 4 | $994,500 | $946,500 | -9.9% | — |
| Townhouse | 23 | $1,097,000 | $1,098,000 | -1.3% | — |
| Condo Townhouse | 7 | $727,143 | $695,000 | +5.6% | — |
| Condo Apartment | 31 | $563,242 | $562,000 | +1.9% | — |
Trend up to February 2026— average price & sales
| Month | Sales | Avg. Price | New Listings | Active |
|---|---|---|---|---|
| February 2026 | 121 | $1,166,816 | 406 | 777 |
| January 2026 | 98 | $1,285,799 | 391 | 705 |
| December 2025 | 114 | $1,220,811 | 211 | 685 |
| November 2025 | 163 | $1,255,877 | 398 | 978 |
| October 2025 | 175 | $1,334,199 | 574 | 1,100 |
| September 2025 | 188 | $1,324,741 | 655 | 1,118 |
| 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, February 2026. 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).