Richmond Hill Real Estate Trend: March & April 2025

The Richmond Hill real estate market continued its spring momentum, with both new listings and sales rising from March to April. In March 2025, 617 homes were listed and 146 were sold at an average price of $1,214,567. By April, new listings increased to 632 and sales climbed to 159, while the average home price rose to $1,302,226.

Detached homes in Richmond Hill led the April market with 69 sales at an average price of $1,793,480. Condos in Richmond Hill saw 35 sales (average price $635,381), townhomes in Richmond Hill had 36 sales (average price $1,183,141), and semi-detached homes in Richmond Hill recorded 6 sales (average price $1,163,918). Here’s a quick look at the latest numbers:

Richmond Hill Real Estate Market Stats for March & April 2025

Home Sales in Richmond Hill by Property Type (April 2025)

What’s Happening in Richmond Hill’s Housing Market?

• More homes for sale: 632 new listings in April, up from 617 in March.

• Sales up: 159 homes sold in April, compared to 146 in March.

• Prices rising: The average price was $1,302,226 in April, up from $1,214,567 in March.

• Detached homes most popular: 69 detached homes sold in April, leading all property types.

What’s Driving the Richmond Hill Real Estate Market in Spring 2025?

A steady increase in inventory and buyer demand is fueling activity in Richmond Hill. Detached homes remain the most sought-after, while condos and townhomes are popular with first-time buyers and investors. Interest rate trends and affordability continue to shape buyer decisions, but Richmond Hill’s strong appeal for families and professionals keeps the market moving.

What Does This Mean for You?

• For Buyers:
  With more homes on the market and prices rising, you can compare detached homes in Richmond Hill, townhomes in Richmond Hill, condos in Richmond Hill, and semi-detached homes in Richmond Hill to find your ideal property and negotiate a great deal.
• For Sellers:
  With rising prices and stable demand, well-presented homes are attracting attention. Pricing your home right and marketing it effectively are key to a successful sale.

Explore Richmond Hill Resale Listings

Ready to find your next home? Browse the latest resale listings in Richmond Hill by property type:

• Detached homes in Richmond Hill

• Townhomes in Richmond Hill

• Condos in Richmond Hill

• Semi-detached homes in Richmond Hill

Source:

TRREB Market Watch, March & April 2025

Disclaimer: The content above is a compilation from diverse reliable online sources, including blogs and news articles. The Homebaba.ca content team does not ensure the factual accuracy of the information. The provided information may be outdated, and it should not be considered as advice or a recommendation. It is advisable to consult with a licensed real estate agent or broker for accurate advice and recommendations.