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

Doncrest Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Doncrest, here's what's actually happening. This neighbourhood is sitting at the top of Richmond Hill's price ladder - and the numbers back that up. Houses are averaging $2.2 million in sales, condos are moving around $675,000, and buyers are still showing up ready to compete. It's not a frenzy, but it's far from a fire sale.

Houses - The Real Story

One house sold last month at an average of $2,200,000 - and it sold for 102.13% of the list price. That means the buyer paid above asking. In this market, that matters. Properties are sitting for about 32 days on average, which puts us at a moderately fast pace for Richmond Hill. We're not flying off the shelves in 48 hours, but we're not collecting dust either.

• Average sale price: $2,200,000
• Current listings averaging: $1,880,000
• Price per square foot: $746
• Sold-to-list ratio: 102.13% - buyers paid over asking
• Average days on market: 32
• Predicted market value: $2,276,984
• 3-month moving average: $2,246,826 - values are climbing
• Estimated monthly rent: $7,541
• Rental yield: 3.62%
• Recent value change: up 2.49%
• Growth rank: 7 out of 9 in Richmond Hill - room to improve, but prices are still the highest around
• Price rank: 1 out of 6 - the most expensive in Richmond Hill

The honest take on growth? We rank 7 out of 9 on the neighbourhood leaderboard for house price growth. That's below average for Richmond Hill right now. But here's the flip side - we're still the most expensive neighbourhood in the city. Being at the top of the price ladder means slower percentage gains, not a market in trouble.

Condos - A Different Game

Condos in Doncrest are playing by slightly different rules. One unit sold at $675,000, but it sold for 97.40% of list price - meaning the buyer got a small discount. Listings are actually averaging higher at $693,000, which tells us sellers are pricing optimistically and making small concessions to close. Days on market sit at just 17, which is quick.

• Average sale price: $675,000
• Current listings averaging: $693,000
• Price per square foot: $562
• Sold-to-list ratio: 97.40% - slight buyer leverage
• Average days on market: 17
• Predicted market value: $565,639
• 3-month moving average: $546,228 - values are rising
• Estimated monthly rent: $2,735
• Rental yield: 3.70%
• Recent value change: up 4.14%
• Growth rank: 2 out of 9 in Richmond Hill - near the top of the leaderboard

Condos here are actually outpacing houses on the growth leaderboard - ranking 2 out of 9 neighbourhoods in Richmond Hill. A 4.14% recent value change is real momentum. If you own a condo in Doncrest, that's a number worth paying attention to.

The Secret Sauce - Why Your HonestDoor Price Matters Right Now

Here's the thing about your city tax assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't factor in that buyers are paying over asking for houses right here in Doncrest. It's a static number doing a poor job of representing a moving market.

The HonestDoor Price is updated in real time using actual sales data. For houses in Doncrest, that number sits at $2,190,742. For condos, it's $553,920. These are the real-world checks against whatever the city last told you your home was worth. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number to use, not a government figure that could be years out of date.

Yes, the HonestDoor Price for houses is down 3.79% from the previous period, and condos are down 2.07%. The market is taking a breather. But the predicted values are climbing - $2,276,984 for houses and $565,639 for condos - both above their 3-month averages. That gap between the current HonestDoor Price and the predicted value is exactly why checking your number now, not later, gives you an edge.

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

If you own a house in Doncrest and you're thinking about listing this summer, here's the straight talk. You're in the most expensive neighbourhood in Richmond Hill. Buyers are still paying over asking. But growth is ranked 7 out of 9, which means you're not riding a wave of rapid appreciation right now - you're holding a premium asset in a stable market. Pricing it right from day one matters more than ever. Overpricing will cost you time, and 32 days on market can stretch fast if you start too high.

If you own a condo, the picture is actually more interesting. Growth is ranked 2 out of 9. Values are up 4.14%. Buyers are moving in 17 days. The market is leaning slightly in their favour on price negotiations, but the momentum is on your side. A well-priced condo this summer has a real shot at a clean, fast sale.

Either way, the first step is knowing what your home is actually worth today - not what the city assessed it at two years ago. Check your HonestDoor Price, compare it to what's selling around you, and make the call from a position of real information.

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.