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Monthly Market Report

Richmond Hill Home Prices — March 2025

141 homes sold in Richmond Hill in March 2025 at a median price of $1.22M, averaging 101.7% of the asking price and 21 days on market.

Median up +1.2% from February. Down −11.6% year-over-year.

Source: HouseIndex MLS® / VOW · point-in-time sold data for March 2025

$1.22M
Median sold price+1.2%
141
Homes sold+6950.0%
$1.26M
Average sold price
101.7%
Avg sale-to-list
21
Avg days on market
$1.69M
Detached median

Changes shown are vs. the prior month (median) and vs. the same month a year earlier (sales).

Richmond Hill sold prices by home type — March 2025

Median sold price by property type for homes that closed in March 2025.

Property typeMedian sold price
Detached$1.69M
Semi-detached$1.14M
Townhouse$1.18M
Condo apartment$595K
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