Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
August 2025 · Richmond Hill
Richmond Hill Sold Home Prices for August 2025
192 residential properties closed in Richmond Hill in August 2025. Average sold price of $1,369,308. 72.9% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,369,308
Median Price $1,258,000
Sale / List 98.0%
Over Asking 25%
Avg DOM 83 days
Total Sold
192
all residential
Avg Sold Price
$1,369,308
all types
Median Price
$1,258,000
mid-point
Sale / List
98.0%
avg ratio
Over Asking
25%
of all sales
Avg DOM
83
days on market
Prices by Property Type
Richmond Hill · August 2025
💰 Price Summary
Average Sold $1,369,308
Median Sold $1,258,000
Avg List Price $1,396,810
Lowest Sale $430,000
Highest Sale $3,850,000
Sale / List Ratio 98.0%
Luxury Sold
8
Avg Luxury
$3,433,750
Luxury Share
4.2%
📊 Competition
Sold over asking 25.0%
Sold at asking 2.1%
Sold under asking 72.9%
Avg Days on Market 83 days
Fast · 050Slow · 100+
🧊 Buyers market — 72.9% sold below asking. Avg 83 days on market.
💰 Price Summary
Average Sold $669,214
Median Sold $650,000
Avg List Price $675,096
Lowest Sale $430,000
Highest Sale $1,400,000
Sale / List Ratio 99.1%
📊 Competition
Sold over asking 26.2%
Sold at asking 4.8%
Sold under asking 69.0%
Avg Days on Market 81 days
Fast · 050Slow · 100+
🧊 Buyers market — 69% sold below asking. Avg 81 days on market.
💰 Price Summary
Average Sold $1,712,889
Median Sold $1,580,000
Avg List Price $1,762,703
Lowest Sale $835,000
Highest Sale $3,850,000
Sale / List Ratio 97.2%
Luxury Sold
8
Avg Luxury
$3,433,750
Luxury Share
7.1%
📊 Competition
Sold over asking 21.2%
Sold at asking 1.8%
Sold under asking 77.0%
Avg Days on Market 87 days
Fast · 050Slow · 100+
🧊 Buyers market — 77% sold below asking. Avg 87 days on market.
💰 Price Summary
Average Sold $1,060,858
Median Sold $1,045,000
Avg List Price $1,041,211
Lowest Sale $653,000
Highest Sale $1,518,000
Sale / List Ratio 101.9%
📊 Competition
Sold over asking 37.8%
Sold at asking 0.0%
Sold under asking 62.2%
Avg Days on Market 77 days
Fast · 050Slow · 100+
🧊 Buyers market — 62.2% sold below asking. Avg 77 days on market.
🏘
No multi-unit data for August 2025
There weren't enough multi-unit sales in
Richmond Hill this month to generate a summary.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Markham | $1,266,133 | $1,250,444 | 99.4% | 83d | 🧊 Buyers |
| Vaughan | $1,285,170 | $1,212,500 | 97.7% | 85d | 🧊 Buyers |
| Aurora | $1,282,950 | $1,134,500 | 96.8% | 94d | 🧊 Buyers |
| Newmarket | $1,010,257 | $956,500 | 98.5% | 81d | 🧊 Buyers |
| Toronto | $1,119,388 | $900,000 | 98.9% | 82d | 🧊 Buyers |
| Whitchurch Stouffville | $1,174,461 | $1,114,500 | 97.2% | 90d | 🧊 Buyers |
Frequently Asked Questions
Richmond Hill · August 2025
The average sold price across all residential types in Richmond Hill was $1,369,308 in August 2025,
based on 192 closed transactions. The median was
$1,258,000.
Condos averaged $669,214, freehold averaged $1,712,889, and townhouses averaged $1,060,858.
The average Richmond Hill home took 83 days to sell in August 2025.
Freehold properties averaged 87 days while condos averaged 81 days.
In August 2025, condos averaged $669,214 while freehold homes averaged $1,712,889 —
a gap of $1,043,675.
Richmond Hill averaged $1,369,308 in August 2025. Vaughan averaged $1,285,170. See the full August 2025 Ontario summary →
Looking to buy or sell in Richmond Hill?
Work with a Roofup agent and get cashback on your purchase. No hidden fees.
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.
