Richmond Hill
In Richmond Hill, single detached homes make up the majority of the housing stock, with huge apartment complexes, condominium homes and townhouses making up the balance. This municipality offers a variety of housing possibilities, particularly for those seeking homes with four or more bedrooms.
In the town, homeowners occupy about 80 percent of the housing units, with renters occupying the remaining 20 percent. In this community, about 40 percent of the dwellings were built after the year 2000, while the majority of the remaining structures were erected in the 1960s and the 1980s.
Average prices of different homes
According to recent MLS statistics for Richmond Hill, the median home price is $1,387,856, and 379 new listings have been added in the last 28 days. As of right now, the median number of days a home spends on the market in Richmond Hill is 16.
The average price for Richmond Hill homes for sale in 2022 was $1.32M. Average prices in Richmond Hill vary with the construction style. The most demanding homes in the town are townhomes, detached homes and condominium homes. As of today, townhomes have an average home sale price of $1.2M while this price was $1.1M about three months ago. Similarly, detached homes have an average sale price of $1.9M and this price was $1.8M about three months ago and that of Condominium homes have an average home sale price of $663K while this price was $553K about three months ago.
Number of listings available
Richmond Hills have 326 listings. Hamilton homes have three types of listings that vary with each home style. For example detached homes have 175 new listings, 101 sold listings and 172 active listings. Townhomes have 85 new listings, 56 sold listings and 61 active listings. Condominiums of Richmond Hill have 97 new listings, 55 sold listings and 109 active listings.
What’s available within $550K
Richmond Hill has a large number of homes for sale at its different corners for only $550K. A 3 bedroom and 3 bathroom home is for sale at 6 BARNWOOD DR, RICHMOND HILL. This 1500 to 2000 sq ft is for $550,000. Another 2 bedroom and 2 bathroom home of 1500 to 2000 sq ft is for sale at 31 SALT CREEK AVE, RICHMOND HILL. This is $545,000.
You can also buy a 4 bedroom and 3 bathroom home of 2500 to 3500 sq ft area at 69 GATCOMBE CIRC, RICHMOND HILL. This is for $549,900. There is also another 3 bedroom and 4 bathroom home of 1500 to 2500 sq ft at 8 ORBIT AVE, RICHMOND HILL. This is for $550,000. This area also has a 2 bedroom and 2 bathroom home for only $535,000.
Features and Amenities
Richmond Hill is one of the top six areas to live and work in Canada, according to a recent assessment by the Conference Board of Canada. One of the main reasons is that homes here are constructed with all the basic amenities and features including gyms, parking lots, swimming pools etc.
