The Hill, Richmond Hill - September 2026 Real Estate Report

The Hill, Richmond Hill: Here's What Your Home Is Actually Worth Right Now

If you live on a quiet street in The Hill and you're wondering whether the market has moved since your last tax assessment, the short answer is: yes, and your city paperwork probably hasn't caught up. Here's the real picture.

The Vibe: Houses vs. Condos in The Hill

The house market in The Hill is taking a breather. Sales are steady, but buyers have a little more room to negotiate than they did a year ago. Here's where things stand for us right now:

• Average sale price for houses: $1,360,000
• Average list price this month: $1,399,000
• Homes are selling at 97.21% of list price - buyers are paying slightly below ask
• Average days on market: 13 days - that is genuinely fast
• Price per square foot: $485
• Predicted market value (houses): $1,528,498
• 3-month moving average: $1,500,326 - values are trending up
• Estimated monthly rent: $5,569 with a rental yield of 4.09%

One sale last month keeps the data thin, so read the trend, not just the single number. What matters is that predicted values are climbing past the 3-month average. That is a quiet signal that the floor is holding.

On the condo side, we are actually seeing a bit of momentum. The HonestDoor Price for condos is up 2.17% from the previous period. That is not a headline number, but in a market where a lot of condo owners are nervous, it is a decent sign.

• Average HonestDoor Price for condos: $779,560 - up 2.17%
• Predicted market value: $763,027
• 3-month moving average: $752,548 - also trending up
• Estimated monthly rent: $3,508 with a rental yield of 3.32%
• Airbnb rank in Richmond Hill: 3rd for condos - solid short-term income potential

For condo owners, the HonestDoor Price sitting above the predicted value tells you the real-world demand signal is stronger than the model alone suggests. That gap is worth paying attention to.

The Neighborhood Leaderboard

Here is where The Hill sits on the Richmond Hill growth leaderboard right now. Houses rank 6 out of 9 for growth - that puts us in the below-average tier for the city. But here is the flip side: our days-on-market rank is 1 out of 5. That means when a house in The Hill hits the market, it moves faster than almost anywhere else in Richmond Hill. Speed matters when you are a seller.

On price, houses rank 5 out of 6 - meaning The Hill is among the more affordable options compared to nearby neighbourhoods. If you are buying, that is good news. If you are selling, it means pricing sharp and presenting well is not optional.

For context, here is how our neighbours stack up on HonestDoor Price:

• Markham Cathedral houses: $1,823,891 - noticeably more expensive
• Richmond Hill Bathurst houses: $1,687,548 - also higher
• The Hill houses: $1,507,656
• Richmond Hill North East houses: $1,253,142 - more affordable than us

For condos, The Hill at $779,560 sits between Richmond Hill Bathurst ($955,772) and Markham Cathedral ($666,829). We are in the middle of the pack, which for a condo buyer means real value without going to the cheapest option in the region.

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

Your city assessment is a snapshot from the past. It does not update when interest rates shift, when a new transit line gets announced, or when three houses on your block sell in two weeks. The HonestDoor Price pulls from real-time sales data and market signals. It is the number a serious buyer's agent is looking at - not your MPAC notice.

For houses in The Hill, the HonestDoor Price is $1,507,656. The city's picture of your home is almost certainly different. That gap - whether it works in your favour or not - is exactly what you need to know before you make any move. Checking your HonestDoor Price costs nothing and takes two minutes. Selling based on a stale number could cost you tens of thousands.

For condo owners, a 2.17% increase in HonestDoor Price is the kind of quiet win that does not make the news but absolutely shows up when you sit down to negotiate. Know your number before anyone else does.

The So What - If You Are Thinking About Selling This Summer

Here is the honest take for anyone in The Hill weighing a summer listing.

The good news: houses here sell fast. A days-on-market rank of 1 out of 5 in Richmond Hill is not a small thing. If you price it right, you are not sitting on the market for months watching your listing go stale.

The honest news: buyers are paying 97.21% of list price, not 101% or 103%. The days of throwing a number on a sign and waiting for a bidding war are not the default right now. You need to come in priced to the real market, not to what your neighbour got in early 2022.

The strategy: pull your HonestDoor Price today. Compare it to what is listed in your neighbourhood right now. If your predicted value of $1,528,498 is above what similar homes are listing at, you have room to move with confidence. If it is not, you need to know that before you call an agent - not after.

Summer inventory in Richmond Hill tends to tick up. More competition means buyers have options. The sellers who win are the ones who come in sharp, show well, and do not chase the market down. That starts with knowing your real number - not the one on your tax bill.

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.