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May 2026 · Richmond Hill
Richmond Hill Sold Home Prices for May 2026
228 residential properties closed in Richmond Hill in May 2026. Average sold price of $1,200,187. 70.6% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,200,187
Median Price $1,149,000
Sale / List 98.5%
Over Asking 24.6%
Avg DOM 27 days
Previous Months
Total Sold
228
all residential
Avg Sold Price
$1,200,187
all types
Median Price
$1,149,000
mid-point
Sale / List
98.5%
avg ratio
Over Asking
24.6%
of all sales
Avg DOM
27
days on market
Prices by Property Type
Richmond Hill · May 2026
💰 Price Summary
Average Sold $1,200,187
Median Sold $1,149,000
Avg List Price $1,219,142
Lowest Sale $305,000
Highest Sale $3,650,000
Sale / List Ratio 98.5%
Luxury Sold
2
Avg Luxury
$3,440,000
Luxury Share
0.9%
📊 Competition
Sold over asking 24.6%
Sold at asking 4.8%
Sold under asking 70.6%
Avg Days on Market 27 days
Fast · 050Slow · 100+
🧊 Buyers market — 70.6% sold below asking. Avg 27 days on market.
💰 Price Summary
Average Sold $588,197
Median Sold $585,000
Avg List Price $609,761
Lowest Sale $305,000
Highest Sale $1,270,000
Sale / List Ratio 96.5%
📊 Competition
Sold over asking 7.1%
Sold at asking 12.5%
Sold under asking 80.4%
Avg Days on Market 33 days
Fast · 050Slow · 100+
🧊 Buyers market — 80.4% sold below asking. Avg 33 days on market.
💰 Price Summary
Average Sold $1,529,104
Median Sold $1,406,888
Avg List Price $1,564,931
Lowest Sale $700,000
Highest Sale $3,650,000
Sale / List Ratio 97.7%
Luxury Sold
2
Avg Luxury
$3,440,000
Luxury Share
1.6%
📊 Competition
Sold over asking 24.4%
Sold at asking 0.0%
Sold under asking 75.6%
Avg Days on Market 26 days
Fast · 050Slow · 100+
🧊 Buyers market — 75.6% sold below asking. Avg 26 days on market.
💰 Price Summary
Average Sold $1,001,701
Median Sold $1,020,000
Avg List Price $983,195
Lowest Sale $524,990
Highest Sale $1,700,000
Sale / List Ratio 101.9%
📊 Competition
Sold over asking 36.1%
Sold at asking 14.8%
Sold under asking 49.2%
Avg Days on Market 22 days
Fast · 050Slow · 100+
⚖️ Balanced — 36.1% over vs 49.2% under asking.
🏘
No multi-unit data for May 2026
There weren't enough multi-unit sales in
Richmond Hill this month to generate a summary.
Nearby Cities · May 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Markham | $1,184,685 | $1,135,000 | 99.3% | 27d | 🧊 Buyers |
| Vaughan | $1,193,876 | $1,086,500 | 98.0% | 27d | 🧊 Buyers |
| Aurora | $1,177,248 | $1,145,000 | 99.2% | 32d | 🧊 Buyers |
| Newmarket | $1,056,876 | $962,500 | 96.7% | 25d | 🧊 Buyers |
| Toronto | $1,112,619 | $889,000 | 99.3% | 26d | 🧊 Buyers |
| Whitchurch Stouffville | $1,263,882 | $1,050,000 | 96.2% | 33d | 🧊 Buyers |
Frequently Asked Questions
Richmond Hill · May 2026
The average sold price across all residential types in Richmond Hill was $1,200,187 in May 2026,
based on 228 closed transactions. The median was
$1,149,000.
Condos averaged $588,197, freehold averaged $1,529,104, and townhouses averaged $1,001,701.
The average Richmond Hill home took 27 days to sell in May 2026.
Freehold properties averaged 26 days while condos averaged 33 days.
In May 2026, condos averaged $588,197 while freehold homes averaged $1,529,104 —
a gap of $940,907.
Richmond Hill averaged $1,200,187 in May 2026. Whitchurch Stouffville averaged $1,263,882. Vaughan averaged $1,193,876. See the full May 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.
