Honestdoor
    Map
    BuyRecently Sold
      Map

      Richmond Hill Bathurst, Richmond Hill - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Richmond Hill, Richmond Hill Bathurst

      Richmond Hill Bathurst Real Talk: What Your Home Is Actually Worth Right Now

      The Vibe in Richmond Hill Bathurst

      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.

      Houses: Steady, But Buyers Are Calling the Shots

      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.

      • Average sale price: $2,167,000
      • Average list price this month: $2,267,000
      • Sale-to-list ratio: 95.59% - buyers are paying below ask
      • Average days on market: 48
      • Price per square foot: $741
      • Estimated monthly rent: $6,011
      • Rental yield: 3.97%
      • Growth rank: 5 out of 9 Richmond Hill neighbourhoods - below average
      • Price rank: 2 out of 6 - above average in price

      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.

      Condos: The Quiet Outperformer

      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.

      • HonestDoor Price: $998,500 - up 4.47%
      • Predicted market value: $955,772
      • 3-month moving average: $949,019
      • Estimated monthly rent: $4,091
      • Rental yield: 2.96%
      • Airbnb estimate: $209 per night
      • Airbnb rank in Richmond Hill: 1 out of comparable neighbourhoods
      • Growth rank: 3 out of 9 - above average

      The Secret Sauce: Why You Should Check Your HonestDoor Price Today

      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.

      The "So What?" - Thinking About Selling This Summer?

      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 2026

      This 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.

      Honestdoor

      Sell, buy or Lease on MLS®/REALTOR.ca with help from our licensed REALTORS® every step of the way.

      Buy

      Buy with us

      Subscribe

      Get the latest real estate insights and updates.

      By subscribing, you agree to our privacy policy and consent to receive updates.

      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

      © 2026 Honestdoor. All rights reserved.

      Cookie settings