Richmond Hill: April 2025 Real Estate Market Report

The Condomonk Content Team
Posted May 27, 2025
Blog
5 min read
Share

Richmond Hill: April 2025 Real Estate Market Report

Richmond Hill remains one of the most attractive suburban cities in the GTA, known for its prestigious neighborhoods and family-friendly atmosphere. Whether you're browsing resale homes in Richmond Hill or looking for pre-construction opportunities, the April 2025 market stats reveal both demand and diversity across housing types.

Current Market Overview for Richmond Hill

Here’s a detailed breakdown of sales, pricing, and listing activity by home type:

Property Type Sales Dollar Volume Average Price Median Price New Listings Active Listings
All Types 159 $207,053,990 $1,302,226 $1,220,000 632 1,045
Detached 69 $123,750,088 $1,793,480 $1,680,000 307 548
Semi-Detached 6 $6,983,508 $1,163,918 $1,143,500 28 33
Townhomes 36 $42,593,076 $1,183,141 $1,175,000 119 155
Condo Apartments 35 $22,238,318 $635,381 $606,680 143 247

Detached Homes in Richmond Hill

Detached homes in Richmond Hill continue to command high demand and value, with 69 sales recorded.

  • Average Price: $1,793,480
  • Median Price: $1,680,000

Browse: Detached Homes – Condomonk | Richmond Hill Homes – Homebaba

Townhomes and Semi-Detached Homes

Townhomes are a popular mid-range option, recording 36 sales in April 2025 with an average price just above $1.18M.
Only 6 semi-detached homes were sold this month, but they remain a rare and affordable freehold option.

  • Townhomes Average Price: $1,183,141
  • Semi-Detached Average Price: $1,163,918

Explore: Townhomes in Richmond Hill | Semi-Detached Homes

Condos in Richmond Hill

Condos in Richmond Hill offer a more affordable entry point into the market, with 35 units sold in April.

  • Average Price: $635,381
  • Median Price: $606,680

View Listings: Richmond Hill Condos | Condo Apartments – Homebaba

Preconstruction and Investment Opportunities

Looking to invest? Richmond Hill offers several pre-construction homes with smart layouts and premium features—perfect for growing families or savvy investors.

Explore: Pre-construction Homes in Richmond Hill

With a balance of luxury and livability, Richmond Hill’s real estate market presents strong long-term value, no matter your buyer profile.

Search Richmond Hill MLS Listings

Get real-time access to homes for sale in Richmond Hill:


Sources:

  • https://trreb.ca/wp-content/files/market-stats/market-watch/mw2504.pdf
  • https://trreb.ca/market-data/market-watch/