Richmond Hill

Housing market report for Sep 2026, from MLS sales data. Updated monthly.

Average price
$1,225,684
▼ 0.7% vs last month
Homes sold
172
590 new listings
Days on market
91
average time to sell
Sale to list
98.5%
selling below asking
Leading indicatorupdated daily

43 homes in Richmond Hill are currently sold firm and waiting to close, 26 of them in the last week.

These sales have not closed yet, so they appear in nobody else’s monthly figures. They are the earliest read on where prices are heading.

Richmond Hill Buyers: 91 Days on Market Is Your Edge

Richmond Hill homes took 91 days to sell in September 2026. That is about three months on the market. Six months ago, in April, homes sold in 87 days. The trend is moving in your direction. Sellers are waiting longer for offers, and that wait costs them money. The average sale price dipped 1.6 percent from August to September, landing at about $1.21 million.

Sellers are also accepting less than their asking price. The list-to-sale ratio, which means how close the final sale price is to what was asked, sits at 98.5 percent. That sounds close, but on a $1.2 million home, that gap is about $18,000. New listings keep coming in, with 590 added in September alone. More supply and slower sales means more choices for you.

Analysis from the Oct-2026 OwnIt Intel report

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Figures are averages across residential sales reported to MLS for Sep 2026, weighted by sales volume. Market data is for information only and is not an appraisal or financial advice.