Richmond Hill · latest data August 2026
The Richmond Hill housing market
Richmond Hill housing market data — average sale price, sales, new listings, inventory and months of supply, month by month from 2024-09 to 2026-08, straight from the Toronto Regional Real Estate Board. Latest: $1,205,777 across all property types in August 2026.
In August 2026, 161 homes sold in Richmond Hill against 449 new listings and 933 in inventory. The average sale price across all property types was $1,205,777, down 3.3% year over year. That is 5.6 months of supply — a buyer's market.
Two years of prices
By property type — August 2026
| Type | Average sale price | YoY | Sold | New listings |
|---|---|---|---|---|
| Detached | $1,667,913 | -1.5% | 74 | 246 |
| Semi-detached | $1,040,000 | +9.7% | 6 | 17 |
| Row / townhouse | $1,030,927 | -8.0% | 38 | 56 |
| Apartment | $538,509 | -10.9% | 33 | 94 |
Source: the Toronto Regional Real Estate Board, Richmond Hill, August 2026.
Monthly reports
Every month TRREB has published for Richmond Hill, most recent first.
What this means for your mortgage
Like the rest of central York, detached purchases here often sit at or above the $1.5 million line, so the down-payment jump from roughly $125,000 to $300,000 as you cross it is the single most important number to establish before you start looking. Properties backing onto the Oak Ridges Moraine or a conservation area can also carry development and environmental restrictions that affect appraisal — worth checking early where the lot is unusual.
Read the full Richmond Hill area guide, compare it with the wider GTA market, or run your numbers.
Richmond Hill housing market questions
What is the average home price in Richmond Hill?+
In August 2026 the average sale price across all property types in Richmond Hill was $1,205,777, down 3.3% year over year. Detached homes averaged $1,667,913 and condo apartments $538,509. Published monthly by the Toronto Regional Real Estate Board.
Is Richmond Hill a buyer's or seller's market?+
With 5.6 months of supply in August 2026, Richmond Hill is a buyer's market. Under about two months favours sellers, two to four is balanced, and above four favours buyers.
How does Richmond Hill compare with the wider GTA?+
This page covers Richmond Hill on its own, as TRREB reports it. The region-wide figures are on the main housing market page, and the two often move differently — the GTA average blends downtown condos with Halton and Durham freeholds, so a single municipality is usually the more useful number when you are buying in one.
How current are these numbers?+
TRREB publishes a month's figures in the first week of the following month, and this page is rebuilt from that release. The most recent month here is August 2026.
Thinking about Richmond Hill?
Know what you qualify for before you shop — no credit check until you say so.