Richmond Hill Doncrest, Richmond Hill - July 2026 Real Estate Report

Doncrest Is Still One of Richmond Hill's Most Expensive Addresses - But the Condo Story Is Getting Complicated

The Vibe: What's Actually Happening on Our Streets Right Now

If you've been watching the "For Sale" signs in Doncrest lately, here's the honest read: houses and condos are telling two very different stories right now, and which one applies to you matters a lot heading into summer.

Houses - Still a Sellers' Game

The house market in Doncrest is holding strong. The one home that sold recently went for $2,200,000 - and it sold at 102.13% of list price. That means the buyer paid above asking. In this rate environment, that's not nothing. It tells us serious buyers are still competing for well-priced Doncrest houses.

• Average sale price: $2,200,000
• Current listings averaging: $1,880,000
• Price per square foot: $746
• Average days on market: 32 days
• Sold-to-list ratio: 102.13% - buyers paid over asking
• Predicted market value: $2,242,062
• 3-month moving average: $2,206,674 - values are trending up
• Recent value change: up 2.52%
• Rental estimate: $7,460 per month
• Rental yield: 3.63%

On the neighbourhood leaderboard, Doncrest houses rank 4 out of 9 for growth in Richmond Hill - that puts us in the above-average tier. We're also ranked number 1 for price, meaning we're sitting at the top of the Richmond Hill house price ladder. Days on market ranks 2 out of 5, so properties here move moderately fast - not overnight, but not sitting either.

Condos - Taking a Breather

The condo side is a different conversation. One condo sold at $675,000, but it only achieved 97.40% of list price - meaning the seller had to come down to get the deal done. That's a buyers' market signal. The predicted value right now sits at $529,196, which is actually below the 3-month moving average of $555,766. Values have shifted down 6.01% recently.

• Average sale price: $675,000
• Current listings averaging: $693,000
• Price per square foot: $562
• Average days on market: 17 days
• Sold-to-list ratio: 97.40% - buyers negotiated below asking
• Predicted market value: $529,196
• 3-month moving average: $555,766 - values are dipping
• Recent value change: down 6.01%
• Rental estimate: $2,590 per month
• Rental yield: 3.77%
• HonestDoor Price: $542,428 - up 2.50% from last period

On the neighbourhood leaderboard, Doncrest condos rank 8 out of 9 for growth - that puts us near the bottom of the Richmond Hill condo pack right now. Nearby Richmond Hill C condos are sitting at $608,237 predicted value, and even Richmond Hill East is at $580,406. Doncrest condos are currently priced below both of those neighbours.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't react to rate changes or buyer demand shifts. The HonestDoor Price does.

For Doncrest house owners, the HonestDoor Price is sitting at $2,221,831. That's your real-world check - the number that reflects what's actually moving in today's market, not what a government office calculated from older data. With predicted values now at $2,242,062 and trending above the 3-month average, the HonestDoor Price is giving you a live read on where your equity actually stands.

For condo owners, the HonestDoor Price of $542,428 - even with its recent 2.50% uptick - is telling a more cautious story than the sale prices suggest. That gap between the $675,000 recent sale and the $529,196 predicted value is worth paying attention to. Your HonestDoor Price is the honest signal, not the outlier sale.

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

If you own a house in Doncrest and you're thinking about listing this summer, the data is working in your favour. Buyers are still paying over asking, values are trending up, and you're sitting at the top of the Richmond Hill price rankings. The window is open - but 32 days on market means pricing it right from day one still matters. Don't get greedy and chase a number that isn't there.

If you own a condo in Doncrest, be honest with yourself about timing. Values have dipped 6.01% recently, buyers are negotiating below list, and the predicted value is running below recent sale prices. That doesn't mean you can't sell - one condo did move in 17 days. But go in with realistic expectations, price sharp, and don't anchor to what your neighbour got a year ago.

Either way, the smartest first move is checking your HonestDoor Price before you call an agent. It's free, it's current, and it gives you a real baseline - not a number that's already six months old before it hits your mailbox.

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.