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August 2026 · Richmond Hill
Richmond Hill Sold Home Prices for August 2026
161 residential properties closed in Richmond Hill in August 2026. Average sold price of $1,179,863. 76.4% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,179,863
Median Price $1,050,000
Sale / List 97.4%
Over Asking 20.5%
Avg DOM 36 days
Previous Months
Total Sold
161
all residential
Avg Sold Price
$1,179,863
all types
Median Price
$1,050,000
mid-point
Sale / List
97.4%
avg ratio
Over Asking
20.5%
of all sales
Avg DOM
36
days on market
Prices by Property Type
Richmond Hill · August 2026
💰 Price Summary
Average Sold $1,179,863
Median Sold $1,050,000
Avg List Price $1,211,084
Lowest Sale $365,000
Highest Sale $5,153,000
Sale / List Ratio 97.4%
Luxury Sold
4
Avg Luxury
$3,900,750
Luxury Share
2.5%
📊 Competition
Sold over asking 20.5%
Sold at asking 3.1%
Sold under asking 76.4%
Avg Days on Market 36 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.4% sold below asking. Avg 36 days on market.
💰 Price Summary
Average Sold $567,252
Median Sold $530,000
Avg List Price $587,415
Lowest Sale $365,000
Highest Sale $850,000
Sale / List Ratio 96.6%
📊 Competition
Sold over asking 8.9%
Sold at asking 2.2%
Sold under asking 88.9%
Avg Days on Market 44 days
Fast · 050Slow · 100+
🧊 Buyers market — 88.9% sold below asking. Avg 44 days on market.
💰 Price Summary
Average Sold $1,601,056
Median Sold $1,409,000
Avg List Price $1,643,010
Lowest Sale $752,000
Highest Sale $5,153,000
Sale / List Ratio 97.5%
Luxury Sold
4
Avg Luxury
$3,900,750
Luxury Share
5.1%
📊 Competition
Sold over asking 27.8%
Sold at asking 2.5%
Sold under asking 69.6%
Avg Days on Market 32 days
Fast · 050Slow · 100+
🧊 Buyers market — 69.6% sold below asking. Avg 32 days on market.
💰 Price Summary
Average Sold $965,212
Median Sold $1,017,500
Avg List Price $983,268
Lowest Sale $565,000
Highest Sale $1,360,000
Sale / List Ratio 98.2%
📊 Competition
Sold over asking 17.4%
Sold at asking 4.3%
Sold under asking 78.3%
Avg Days on Market 37 days
Fast · 050Slow · 100+
🧊 Buyers market — 78.3% sold below asking. Avg 37 days on market.
🏘
No multi-unit data for August 2026
There weren't enough multi-unit sales in
Richmond Hill this month to generate a summary.
Nearby Cities · August 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Markham | $1,218,224 | $1,099,750 | 98.1% | 34d | 🧊 Buyers |
| Vaughan | $1,247,081 | $1,150,000 | 96.6% | 34d | 🧊 Buyers |
| Aurora | $1,070,473 | $935,000 | 96.2% | 43d | 🧊 Buyers |
| Newmarket | $1,029,723 | $965,000 | 99.2% | 31d | 🧊 Buyers |
| Toronto | $998,949 | $791,000 | 97.6% | 36d | 🧊 Buyers |
| Whitchurch Stouffville | $1,146,384 | $975,000 | 96.6% | 42d | 🧊 Buyers |
Frequently Asked Questions
Richmond Hill · August 2026
The average sold price across all residential types in Richmond Hill was $1,179,863 in August 2026,
based on 161 closed transactions. The median was
$1,050,000.
Condos averaged $567,252, freehold averaged $1,601,056, and townhouses averaged $965,212.
The average Richmond Hill home took 36 days to sell in August 2026.
Freehold properties averaged 32 days while condos averaged 44 days.
In August 2026, condos averaged $567,252 while freehold homes averaged $1,601,056 —
a gap of $1,033,804.
Richmond Hill averaged $1,179,863 in August 2026. Markham averaged $1,218,224. Whitchurch Stouffville averaged $1,146,384. See the full August 2026 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Richmond Hill, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
