$2,900
182 MATAWIN Ln
Richmond Hill
$3,800
30 Mace Ave
Richmond Hill
$1,180,000
182 MATAWIN Ln
Richmond Hill
$3,300
147 Nahanni Dr
Richmond Hill
$3,200
88 Waterton Cres
Richmond Hill
$1,888,000
18 Caine St
Richmond Hill
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Richmond Hill Real Estate Market Overview
Richmond Hill is one of the GTA's most desirable communities, known for its excellent schools, thriving business districts, and diverse neighbourhoods. Located just north of Toronto in York Region, Richmond Hill offers the perfect balance of urban amenities and suburban tranquility.
Market Snapshot
- •Average Home Price: $1.4M - $1.7M (varies by property type)
- •Price Range: Condos from $600K, detached homes $1.2M+
- •Typical Days on Market: 20-40 days
- •Market Type: Competitive seller's market with strong demand
Buyer Demographics
- •Families: Attracted by top-rated schools and parks
- •Professionals: Easy commute to Toronto via GO Transit/Highway 404
- •Multi-Generational Households: Large homes popular with extended families
- •First-Time Buyers: Seeking condos and townhomes near amenities
Popular Richmond Hill Neighbourhoods
Oak Ridges
Premium neighbourhood known for large estate homes, ravine lots, and proximity to the Oak Ridges Moraine. Highly sought-after by affluent families.
Typical Homes: Detached, 3,000-5,000+ sq ft, $1.8M-$3M+
Bayview Hill
Upscale community near Bayview Avenue and Highway 7, featuring modern homes, excellent schools, and shopping at Hillcrest Mall.
Typical Homes: Detached, 2,500-4,000 sq ft, $1.5M-$2.5M
Elgin Mills
Family-oriented area with newer developments, parks, and highly-rated schools. Great mix of housing types from townhomes to detached.
Typical Homes: Detached/semi, 2,000-3,500 sq ft, $1.2M-$1.8M
Richmond Hill Centre
Urban core with modern condos, townhomes, and excellent transit access. Near Yonge Street with shopping, dining, and entertainment.
Typical Homes: Condos/townhomes, 700-1,800 sq ft, $600K-$1.2M
Westbrook
Mature neighbourhood west of Yonge Street with tree-lined streets, established homes, and strong community feel. Popular with families.
Typical Homes: Detached, 2,000-3,000 sq ft, $1.3M-$1.9M
Crosby
Quiet residential area east of Yonge with a mix of older and newer homes, parks, and easy highway access. Great value for the area.
Typical Homes: Detached/semi, 1,800-2,800 sq ft, $1.1M-$1.6M
Tips for Selling Your Richmond Hill Home
1. Price Competitively Based on Your Neighbourhood
Richmond Hill has diverse price points. Oak Ridges commands premium pricing, while Crosby and Westbrook offer better value. Research recent sales in your specific area (within 1km) to set realistic expectations.
2. Highlight Proximity to Top Schools
Richmond Hill is known for excellent schools (Richmond Hill High School, Bayview Hill Elementary, etc.). Mention school districts and ratings prominently—families prioritize education.
3. Emphasize Commuter Convenience
Many Richmond Hill buyers commute to Toronto. Highlight proximity to GO Transit (Richmond Hill/Gormley stations), Highway 404, and Yonge Street. Mention commute times to downtown Toronto (30-45 mins by GO).
4. Showcase Outdoor and Natural Features
Richmond Hill buyers value green space. If your home backs onto a ravine, has a large yard, or is near trails/parks (Oak Ridges Moraine, Bond Lake), make this a focal point. Take photos that highlight natural surroundings.
5. Appeal to Multigenerational Families
Richmond Hill has a large demographic of multigenerational households. If your home has a basement apartment, in-law suite, or flexible living spaces, emphasize this. It's a major selling feature.
6. Time Your Listing Strategically
Richmond Hill's market is most active in spring (March-June) and fall (September-October) when families are looking to move before/after the school year. List during these windows for maximum visibility and competition.
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