Richmond Hill home prices surge 6.9 per cent to $1.39 million (February 2023)

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Richmond Hill home prices surge 6.9 per cent to $1.39 million (February 2023)
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The average price for a home in Richmond Hill was $1.39 million in February 2023, according to the Toronto Regional Real Estate Board. That’s up 6.9 p...

The average price for a home in Richmond Hill was $1.39 million in February 2023, according to the Toronto Regional Real Estate Board. That’s up 6.9 per cent or $89,248 from January 2023 but down 10.1 per cent or $156,323 compared to February 2022.

Detached houses averaged $1.9 million, down 2.5 per cent or $47,966 month-over-month and down 11.9 per cent or $255,707 year-over-year. There were 76 detached house sales and after an average of 20 days on the market and 160 active listings at the end of the month. Attached houses averaged $1.3 million, up 12.8 per cent or $147,532 month-over-month but down 12.8 per cent or $190,447 year-over-year. There were 29 attached house sales after an average of nine days on the market and 31 active listings at the end of the month.

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