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Richmond Hill continues to be a dynamic and sought-after market in the Greater Toronto Area. In May 2025, the city recorded 152 home sales across various property types, showcasing strong demand and market confidence. Detached homes dominated in value, with an impressive average price of $1.99 million, appealing to luxury buyers. Townhomes averaged around $1.17 million, while condo apartments remained a more affordable entry point at approximately $611,000. With 757 new listings and 1,191 active listings, the city offers a healthy level of inventory, giving buyers a range of options to choose from. Whether you're a first-time buyer, an investor, or upgrading to a larger home, Richmond Hill presents a well-rounded market with opportunities across all price points.
Property Type | Sales | Dollar Volume | Average Price | Median Price | New Listings | Active Listings |
---|---|---|---|---|---|---|
All Types | 152 | $224,700,622 | $1,478,294 | $1,268,750 | 757 | 1,191 |
Detached | 80 | $159,436,734 | $1,992,959 | $1,620,000 | 378 | 620 |
Semi-Detached | 6 | $7,464,300 | $1,244,050 | $1,273,750 | 28 | 45 |
Townhomes | 27 | $31,726,088 | $1,175,040 | $1,201,000 | 125 | 175 |
Condo Apartments | 31 | $18,949,500 | $611,274 | $592,000 | 178 | 276 |
Richmond Hill continues to be a desirable location for all kinds of buyers, whether you're in the market for luxury detached houses or slightly more budget-friendly condo apartments. The new and active listings are quite balanced, so buyers have some choice, and sellers are seeing average prices rise. Stay tuned for more monthly updates!
The overall average price for all home types was $1,478,294, with detached homes nearing $2 million.
Detached homes in Richmond Hill led the market with 80 sales, showing strong demand in the luxury segment.
Yes, condos in Richmond Hill averaged $611,274, making them a more affordable entry point for buyers.
With 757 new listings and 1,191 active listings, the Richmond Hill real estate market offers healthy inventory across all housing types.
Yes, interest in pre-construction homes in Richmond Hill is growing, offering buyers modern layouts, new amenities, and flexible closing dates.
Richmond Hill remained one of the GTA’s top real estate destinations in April 2025, with 159 total home sales and 632 new listings entering the market. Known for its upscale neighborhoods, top-rated schools, and family-friendly environment, the city continues to attract a mix of end-users and investors.
The average selling price across all home types reached $1,302,226, with detached homes in Richmond Hill selling for an average of $1.79 million. For buyers seeking lower entry points, townhomes averaged $1.18M, while condo apartments offered the most affordable option at $635K.
Inventory levels rose to 1,045 active listings, giving buyers more choice and negotiating power as the market gradually shifts toward balance. Detached homes saw the highest dollar volume, while townhomes and condos remained in demand for first-time buyers and investors.
Whether you’re searching for detached homes, townhomes, or condos in Richmond Hill, the city offers a range of properties suited to different lifestyles and budgets.
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 |
Explore available resale and pre-construction homes in Richmond Hill to find the right opportunity in this vibrant York Region community.
Detached homes sold at an average price of $1,793,480 in April 2025, reflecting high demand for luxury family homes.
Townhomes averaged $1,183,141 with 36 sales, while semi-detached homes sold for an average of $1,163,918, offering mid-range options for buyers.
Yes, condos provide an accessible entry point with an average price of $635,381 and 35 sales recorded in April 2025.
Definitely. Richmond Hill has several pre-construction homes that offer modern designs and premium features for families and investors.
You can explore active listings on Homebaba and Condomonk for resale and pre-construction homes.
Richmond Hill saw 146 total sales in March 2025, with a combined dollar volume of over $177 million. The average selling price across all home types was approximately $1.21 million, and the median price was $1.18 million—showing strong buyer interest in mid- to high-range properties.
Detached homes were the most expensive category, with 54 sales at an average price of $1.75 million. Buyers looking for more affordable options leaned towards townhomes, which recorded 36 sales at an average price of $1.19 million, and condo apartments, which saw 42 sales averaging $599K.
Richmond Hill’s inventory remained healthy with 617 new listings and 927 active listings, offering buyers a wide range of options. Whether you’re looking at detached homes in Richmond Hill, condos in Richmond Hill, or townhomes for sale, the market remains competitive with steady pricing and strong demand across all segments.
Property Type | Sales | Dollar Volume | Average Price | Median Price | New Listings | Active Listings |
---|---|---|---|---|---|---|
All Property Types | 146 | $177,326,774 | $1,214,567 | $1,187,000 | 617 | 927 |
Detached Homes | 54 | $94,839,451 | $1,756,286 | $1,673,000 | 310 | 487 |
Semi-Detached Homes | 4 | $4,731,000 | $1,182,750 | $1,131,500 | 19 | 28 |
Townhomes | 36 | $42,920,823 | $1,192,245 | $1,185,250 | 106 | 130 |
Condo Apartments | 42 | $25,197,000 | $599,929 | $574,000 | 134 | 216 |
Richmond Hill's market continues to offer a variety of housing options, with townhomes and condos presenting more affordable alternatives. Whether you're searching for detached homes in Richmond Hill or looking into condos for sale in Richmond Hill, April’s data shows strong inventory and opportunity.
If you're searching for homes for sale in Richmond Hill, it's worth checking out resale properties in addition to preconstruction homes. Resale homes in Richmond Hill offer immediate move-in options, perfect if you’re looking to settle without the wait.
Check out our resale homes for sale in Richmond Hill and discover the perfect property for you.
Richmond Hill, a vibrant city just north of Toronto, is renowned for its exceptional amenities, green spaces, and thriving real estate market. As one of Ontario’s most sought-after locations, Richmond Hill offers an exciting array of new construction homes, from modern condos to luxurious detached homes and stylish townhomes. Whether you’re a first-time buyer, a growing family, or an investor, Richmond Hill’s new developments promise a lifestyle of convenience, luxury, and growth.
Richmond Hill’s new construction homes are designed to cater to today’s homeowners and investors. Here’s why they’re a fantastic choice:
Here are some of the most exciting new construction homes in Richmond Hill:
Explore more on our Richmond Hill Properties Page.
Investing in pre-construction homes in Richmond Hill comes with several benefits:
Explore these opportunities on our New Homes in Richmond Hill Page.
Richmond Hill offers the ideal mix of urban sophistication and natural beauty, making it perfect for new construction homes:
Explore Richmond Hill’s most desirable neighborhoods on our Richmond Hill City Page.
Q: What types of new construction homes are available in Richmond Hill?
A: Richmond Hill offers a range of condos, townhomes, and detached homes to suit different lifestyles and budgets.
Q: Are new homes in Richmond Hill a good investment?
A: Yes! With its strategic location, strong real estate market, and growing population, Richmond Hill’s new construction homes are an excellent investment choice.
Q: How can I reserve a pre-construction home in Richmond Hill?
A: Contact us through our socials that are provided at the bottom of the page to connect with trusted developers and secure your property.
Whether you're looking for a new condo development, a family-friendly townhouse, or a spacious new build home, Richmond Hill has the perfect property waiting for you.
👉 Browse Condos: New Condos in Richmond Hill
👉 Explore Townhomes: New Townhomes in Richmond Hill
👉 Discover Detached Homes: New build homes in Richmond Hill
Visit Condomonk and find your dream home in one of Richmond Hill’s new communities out of all the upcoming developments in Richmond Hill in just a click away! Don’t wait—homes are selling fast. Find your future today!
Disclaimer: The content on this page is curated from various reputable online sources, including blogs, news outlets, and real estate boards. While our content writer team at Condomonk.ca strives to present valuable information, we do not guarantee its accuracy or completeness. Some information could be prone to error and some details may be outdated, and the content should not be considered professional advice. For the most accurate and personalized guidance, please consult a licensed real estate agent or broker.