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July 2025 · Richmond Hill
Richmond Hill Sold Home Prices for July 2025
181 residential properties closed in Richmond Hill in July 2025. Average sold price of $1,336,952. 71.8% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,336,952
Median Price $1,250,000
Sale / List 99.3%
Over Asking 26.5%
Avg DOM 84 days
Total Sold
181
all residential
Avg Sold Price
$1,336,952
all types
Median Price
$1,250,000
mid-point
Sale / List
99.3%
avg ratio
Over Asking
26.5%
of all sales
Avg DOM
84
days on market
Prices by Property Type
Richmond Hill · July 2025
💰 Price Summary
Average Sold $1,336,952
Median Sold $1,250,000
Avg List Price $1,346,809
Lowest Sale $400,000
Highest Sale $5,250,000
Sale / List Ratio 99.3%
Luxury Sold
5
Avg Luxury
$3,678,800
Luxury Share
2.8%
📊 Competition
Sold over asking 26.5%
Sold at asking 1.7%
Sold under asking 71.8%
Avg Days on Market 84 days
Fast · 050Slow · 100+
🧊 Buyers market — 71.8% sold below asking. Avg 84 days on market.
💰 Price Summary
Average Sold $663,775
Median Sold $646,000
Avg List Price $677,609
Lowest Sale $400,000
Highest Sale $1,035,000
Sale / List Ratio 98.0%
📊 Competition
Sold over asking 11.5%
Sold at asking 1.9%
Sold under asking 86.5%
Avg Days on Market 83 days
Fast · 050Slow · 100+
🧊 Buyers market — 86.5% sold below asking. Avg 83 days on market.
💰 Price Summary
Average Sold $1,744,405
Median Sold $1,612,500
Avg List Price $1,764,748
Lowest Sale $997,000
Highest Sale $5,250,000
Sale / List Ratio 98.9%
Luxury Sold
5
Avg Luxury
$3,678,800
Luxury Share
5.2%
📊 Competition
Sold over asking 29.2%
Sold at asking 0.0%
Sold under asking 70.8%
Avg Days on Market 85 days
Fast · 050Slow · 100+
🧊 Buyers market — 70.8% sold below asking. Avg 85 days on market.
💰 Price Summary
Average Sold $1,130,819
Median Sold $1,140,000
Avg List Price $1,113,760
Lowest Sale $645,000
Highest Sale $1,536,000
Sale / List Ratio 101.5%
📊 Competition
Sold over asking 34.9%
Sold at asking 4.7%
Sold under asking 60.5%
Avg Days on Market 86 days
Fast · 050Slow · 100+
🧊 Buyers market — 60.5% sold below asking. Avg 86 days on market.
🏘
No multi-unit data for July 2025
There weren't enough multi-unit sales in
Richmond Hill this month to generate a summary.
Nearby Cities · July 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Markham | $1,249,584 | $1,237,000 | 99.3% | 82d | 🧊 Buyers |
| Vaughan | $1,253,573 | $1,230,000 | 98.0% | 85d | 🧊 Buyers |
| Aurora | $1,293,832 | $1,175,000 | 98.8% | 84d | 🧊 Buyers |
| Newmarket | $1,077,648 | $987,500 | 99.9% | 74d | 🧊 Buyers |
| Toronto | $1,119,435 | $900,800 | 99.4% | 79d | 🧊 Buyers |
| Whitchurch Stouffville | $1,280,586 | $1,150,000 | 95.0% | 91d | 🧊 Buyers |
Frequently Asked Questions
Richmond Hill · July 2025
The average sold price across all residential types in Richmond Hill was $1,336,952 in July 2025,
based on 181 closed transactions. The median was
$1,250,000.
Condos averaged $663,775, freehold averaged $1,744,405, and townhouses averaged $1,130,819.
The average Richmond Hill home took 84 days to sell in July 2025.
Freehold properties averaged 85 days while condos averaged 83 days.
In July 2025, condos averaged $663,775 while freehold homes averaged $1,744,405 —
a gap of $1,080,630.
Richmond Hill averaged $1,336,952 in July 2025. Aurora averaged $1,293,832. See the full July 2025 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.
