If you've been watching the "For Sale" signs around Richmond Hill Bathurst lately, here's what's actually happening. The market is taking a breather on the house side, while condos are quietly picking up steam. These two stories are worth keeping separate.
The average sale price for houses here sits at $2,167,000 - essentially flat from last month. Listings are coming in a little higher at $2,267,000, but buyers are landing deals at about 95.6% of list price. That gap matters. It means if you list at $2,267,000, expect to close closer to $2,167,000. Budget accordingly.
Homes are sitting on the market for an average of 48 days. That's not a fire sale market. Days-on-market ranks 4 out of 5 compared to similar Richmond Hill neighbourhoods - meaning our houses are among the slower sellers in the area right now. One property sold last month, which keeps the data thin, so treat these numbers as directional rather than gospel.
The HonestDoor Price for houses is $1,674,196 - down a slight 0.79% from last period. The predicted market value sits at $1,687,548, which is creeping up against the 3-month moving average of $1,673,807. Small moves, but the direction is positive.
Here's where it gets interesting for us condo owners. The HonestDoor Price for condos in Richmond Hill Bathurst jumped 4.47% to $998,500. That's not a rounding error - that's real momentum. The predicted market value is $955,772, up from a 3-month moving average of $949,019, and recent value change clocks in at 1.15%.
On the neighbourhood leaderboard, Richmond Hill Bathurst condos rank 3 out of 9 in Richmond Hill for growth - that's above average. Compare that to nearby The Hill at $781,364 predicted value, and we're sitting in a noticeably stronger position.
The Airbnb picture is also worth noting. Richmond Hill Bathurst condos rank number 1 in Richmond Hill for Airbnb potential, at an estimated $209 per night. If you're thinking about short-term rental income, this neighbourhood leads the pack.
Here's the thing about your city tax assessment - it's a snapshot from the past. It doesn't know that condo values in Richmond Hill Bathurst just moved up 4.47%. It doesn't know what sold last month or what buyers are actually paying right now. It's a static number doing a real-time job, and it's not built for that.
The HonestDoor Price is updated continuously using actual market signals - recent sales, listing trends, price-per-square-foot shifts, and neighbourhood comparisons. Think of it as the real-world check against whatever number the government last stamped on your property. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number you want in front of you, not a year-old assessment.
For condo owners especially, a 4.47% move is the kind of thing that changes conversations with your bank or your financial planner. Don't let that go unnoticed.
For house sellers, be realistic going in. Buyers here are negotiating, and 48 days on market means you need patience and sharp pricing. The gap between list and sale price is real - about $100,000 on average. Price it right from day one instead of chasing the market down. With a price rank of 2 out of 6 in Richmond Hill, we're in premium territory - but premium only works if the price is defensible.
For condo sellers, the timing looks better. Growth momentum is above average, the HonestDoor Price is moving up, and Richmond Hill Bathurst leads the city on Airbnb appeal - which means your buyer pool includes investors, not just end users. That's leverage.
Either way, the first step is knowing your real number. Pull your HonestDoor Price, compare it to what's listed nearby, and have an honest conversation about what the market will actually bear this summer - not what you hoped it would be in January.
richmond hill bathurst | richmond hill | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.