Richmond Hill Homes:
Richmond Hill, a vibrant suburban community located in the Greater Toronto Area, has long been recognized for its beautiful homes and excellent quality of life. Beyond its real estate offerings, Richmond Hill offers a vibrant lifestyle with ample amenities, ensuring a fulfilling and enjoyable living experience. Whether you seek a spacious detached home or a stylish townhouse.
August 2023 outlook:
The Richmond Hill housing market is competitive real estate market.
According to a report, the average property price is $1,490,271 with 568 new listings in the previous 28 days. As of today, the median days on the market for a home in Richmond Hill is 15 days.
Richmond Hill homes receive 1 offer on average and sell in 38 days. The median sale price of a home in Richmond Hill was $379K last month, an increase of 11.6% from the previous year. Richmond Hill’s median sale price per square foot is $193, up 25.3% from last year.
Richmond Hill home prices were up 11.6% year on year in July 2023, with a median price of $379K. Richmond Hill homes sell after 38 days on the market on average, compared to last year.
Migration and Relocation Trends
Between April – July 2023, approximately 33% of Richmond Hill homebuyers looked to relocate out of the city, while the remaining 67% looked to stay in the metropolitan area.
From where are people moving to Richmond Hill?
Across the country, 0.23% of homebuyers looked to relocate to Richmond Hill from other metro areas. Washington had the most homebuyers looking to relocate to Richmond Hill, followed by New York and Los Angeles.
Homes:
Richmond Hill offers a diverse range of housing options to cater to the needs and preferences of various buyers. From spacious detached homes to stylish townhouses and modern condominiums, there’s something for everyone.
24 COLONIAL CRES ($1,248,000)
PROPERTY DESCRIPTION:
It is a stunning semi-detached home in the desirable Oak Ridges Lake Wilcox community. It is located at walking distance to schools, libraries, parks, Wilcox Lake, and the community centre. Recently renovations happened in the house including a finished basement with a kitchen, a 3-piece bathroom in the master (2020) and a 3-piece bath (2020). Upgrades include a backyard deck (2018), roofing (2015), and kitchen (2019). The main floor features stainless steel appliances and 9′ ceilings. It also has a fully finished one-bedroom basement apartment with a separate entrance, kitchen, 3-piece bath, and laundry. It also has a fully fenced backyard.
56 PAIRASH AVE ($1,999,000)
PROPERTY DESCRIPTION:
It is a luxurious house with around 5000 SF of living space in Mill Pond. It is situated nearby to Yonge St. All bedrooms have their own ensuite and spa-like master bathroom. There is plenty of living space i.e. 3 Kitchens, 7 washrooms, and 3 laundries. While 2 Bedrooms and an apartment basement have a separate entrance, kitchen, and laundry. The Studio Basement has kitchen and laundry. Furthermore, the large driveway fits 9 cars.
