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Monthly Market Report

Richmond Hill Home Prices — August 2025

186 homes sold in Richmond Hill in August 2025 at a median price of $1.16M, averaging 98.6% of the asking price and 36 days on market.

Median down −3.3% from July. Down −12.6% year-over-year.

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

$1.16M
Median sold price−3.3%
186
Homes sold+295.7%
$1.24M
Average sold price
98.6%
Avg sale-to-list
36
Avg days on market
$1.54M
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 — August 2025

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

Property typeMedian sold price
Detached$1.54M
Semi-detached$950K
Townhouse$1.09M
Condo apartment$552K
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