Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Condos for Sale in Richmond Hill
$1M – $1.5M

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Richmond Hill this band: $1.05M · 9 active · avg 38 days on market.

Median List Price

$1.05M

Active Listings

9

Avg Days on Market

38 days

YoY Change

-9.1%

6-Month Median Price Trend

Dec

$1.03M

Jan

$1.03M

Feb

$1.03M

Mar

$1.03M

Apr

$1.03M

May

$1.03M

What is the average condo price in Richmond Hill in 2026?

The benchmark price for a condo in Richmond Hill in 2026 is approximately $1.05M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 9 active listings, moving in an average of 38 days on market. Prices are down 9.1% year-over-year.

Is Richmond Hill a buyer's or seller's market right now?

Richmond Hill is currently a buyer's market for condos in this band. Listings are sitting 38 days on average and prices are 9.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Richmond Hill

67+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Switched at renewal and saved $187/month with no closing costs. I should have called them at year three.
Jennifer L., Renewal, Richmond Hill

What $1.05M gets you in Richmond Hill.

Condos in Richmond Hill priced $1m – $1.5m are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $1050K — down 9.1% year-over-year. Active inventory is moving in roughly 38 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Oak Ridges, Richmond Hill

$1.02M

2 bed2 bath670 sqft
Jefferson, Richmond Hill

$1.02M

2 bed2 bath670 sqft
Bayview Hill, Richmond Hill

$1.02M

2 bed2 bath670 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in Richmond Hill.

Richmond Hill Condo FAQ

What is the median price for condos in Richmond Hill $1m – $1.5m?

As of 2026-05-01, the median list price for condos in Richmond Hill priced $1m – $1.5m sits at approximately $1.05M based on active MLS inventory.

How many condos are currently for sale in Richmond Hill in this price range?

There are roughly 9 active condos for sale in Richmond Hill priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Richmond Hill?

Condos in Richmond Hill priced $1m – $1.5m are averaging 38 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Richmond Hill condo prices going up or down?

Year-over-year median condo prices in Richmond Hill (this band) are down 9.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Richmond Hill?

On a $1.05M purchase with 20% down, you'd carry a mortgage of about $840K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active condo in Richmond Hill $1m – $1.5m.

9 active listings · median $1.05M. A licensed Richmond Hill advisor sends the live list within 1 business hour.

Condos in Richmond Hill $1M – $1.5M

Median $1.05M · 9 active

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Step 2 · Lock in financing

Get pre-approved for a $840K mortgage.

Based on $1.05M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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