The Hill, Richmond Hill - October 2026 Real Estate Report
The Hill, Richmond Hill: Here's What Your Home Is Actually Worth Right Now
If you live in The Hill and you haven't checked your HonestDoor Price lately, you're probably working off a number that doesn't reflect what's really happening on your street. Here's the straight story on where things stand heading into the summer market.
The Vibe: Houses vs. Condos in The Hill
The two property types in our neighbourhood are telling pretty different stories right now, and it's worth knowing which one you're sitting in.
Houses: Steady, But Buyers Have the Edge
If you've been watching the "For Sale" signs in The Hill, here's what's actually happening with houses. The market is calm - not crashing, not surging. Think of it as a breather.
- Average HonestDoor Price: $1,541,210 - up 2.23% from last period
- Average sale price this month: $1,360,000
- Active listings are averaging: $1,399,000
- Price per square foot: $485
- Homes are selling at 97.21% of list price - buyers are negotiating below ask
- Average days on market: 13 days - that's a rank of 1 out of 5 in Richmond Hill, meaning we sell faster than almost everyone
- Growth rate ranks 6 out of 9 comparable neighbourhoods - below average for Richmond Hill
- Price rank is 6 out of 6 - we're among the most affordable house options in the city
That 97.21% sale-to-list ratio is the number to watch. It means if you list at $1,399,000, a realistic offer lands around $1,360,000. Buyers know this. Your pricing strategy needs to reflect it. The upside? Houses here are moving in under two weeks on average. Serious buyers are still active - they're just not overpaying.
The predicted market value for houses sits at $1,507,645, which is just slightly off the 3-month moving average of $1,507,935. Values have dipped 1.36% recently. Not a freefall - but worth watching if you're planning to sell.
For anyone thinking about rental income, the estimated rent is $5,516 per month with a rental yield of 4.11%. That's a moderate but real return. Airbnb potential adds roughly $274 per month on top, and The Hill ranks 7th in Richmond Hill for Airbnb performance.
Condos: A Brighter Growth Story
Condos in The Hill are actually one of the stronger performers in the city right now - and that's not something we say lightly.
- Average HonestDoor Price: $796,632 - up 1.95% from last period
- Predicted market value: $781,364 - and it's trending up from the 3-month average of $770,822
- Recent value change: up 2.11%
- Growth rate ranks 2 out of 9 comparable neighbourhoods - that's above average for Richmond Hill
- Estimated rent: $3,559 per month with a rental yield of 3.29%
- Airbnb potential: approximately $177 per month, with The Hill ranking 3rd in Richmond Hill for Airbnb
A growth rank of 2 out of 9 puts our condos near the top of the Richmond Hill leaderboard. For context, nearby Richmond Hill Bathurst condos average $998,500 and Richmond Hill North East sits at $824,891. We're priced below both - which means buyers looking for value in this city are pointing at The Hill. That's good news if you're a condo owner thinking about your next move.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. The government isn't updating it every month. Your HonestDoor Price is. It pulls from real sales data, current market conditions, and live neighbourhood trends to give you a number that actually reflects what a buyer would pay today.
For houses in The Hill, the HonestDoor Price of $1,541,210 is sitting above the recent average sale price of $1,360,000. That gap matters. It tells you there's still equity in your home that a static assessment might be undervaluing - or that the market has softened slightly from peak. Either way, you need the real-time number, not a year-old government estimate, before you make any decision.
For condo owners, the HonestDoor Price of $796,632 is trending upward while the predicted value of $781,364 is also climbing. That's a consistent signal. Your assessment likely hasn't caught up to this momentum yet.
The "So What?" - Thinking About Selling This Summer?
Let's be direct. If you own a house in The Hill and you're considering selling this summer, here's what the numbers are telling us.
- Buyers are active but disciplined - expect offers around 97% of your list price
- Homes are moving fast at 13 days on market - so a well-priced listing won't sit
- Pricing sharp matters more than pricing high right now - the days of listing above market and waiting are behind us for the moment
- Your HonestDoor Price of $1,541,210 is your starting point for a real conversation with your agent
If you own a condo, the story is a bit more encouraging. Values are climbing, growth is ranking near the top of the city, and you're priced competitively against nearby neighbourhoods. Summer could be a solid window to move.
Bottom line - The Hill is not a market in trouble. It's a market that rewards people who know their actual numbers. Check your HonestDoor Price, compare it to what's listed on your street, and make your move with real data in hand.
the hill | 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.