Richmond Hill Real Estate Update
To Return To Archived Reports Click Here
Higher than expected price growth!
This FREE Richmond Hill Real Estate Report is provided to keep you up to date on Richmond Hill, Ontario Real Estate trends.
Understanding Richmond Hill Real Estate trends can give you a huge advantage when buying and selling Richmond Hill real estate.
Here Is Your FREE Richmond Hill Real Estate Report To The End Of February 2012
Richmond Hill Real Estate Report
March 5, 2012, TREB Market Watch -- The Toronto Real Estate Board (TREB) reported February 2012 sales up 16% compared to February 2011 and the average sale price was up 11% due to tight market conditions. During the month of February, there were 424 active homes for sale in Richmond Hill, 263 homes sold with an average price being $675,671. Of the 424 homes for sale in Richmond Hill, 265 were detached homes with 160 sales and an average price of $853,825. There were 23 semi-detached homes for sale in Richmond Hill, 9 sold with the average price being $475,556. Also in Richmond Hill Real Estate, there were 67 Condo apartments for sale, 41 sold averaging $291,495. Additionally, there were 8 link homes for sale in Richmond Hill, the average selling price was $506,457 with 7 sales. 11 condo town homes sold with an average price of $374,282. Finally in Richmond Hill Real Estate, there were 48 active attached town homes for sale in Richmond Hill, 35 sold with an average sale price of $491,305.