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Community

South Richvale Real Estate

Richmond Hill, York

124Active
189Sold
465Leased
9Buildings
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No listings found.

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South Richvale Market

Updated Aug 23, 2026
Condos
Median sale price
$613K
Median PSF (est.)▼ 9.0%
$785/sqft
Price trend
Sold last 90 days
13
Active listings
39
Months of inventory
19.5
Avg days on market
43
Sale-to-list ratio
99.70%
Absorption rate
5.1%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 77.19% · End-user: 22.81% (from 13 sales, 44 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2024-11: 33.3% (3 listings) · avg $9,100
2025-01: 0.0% (3 listings)
2025-02: 33.3% (3 listings) · avg $9,112
2025-03: 33.3% (3 listings) · avg $30,000
2025-08: 25.0% (4 listings) · avg $88,980
2025-10: 0.0% (4 listings)
2026-06: 0.0% (6 listings)
2026-07: 0.0% (4 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $785 — +27.48% vs municipality avg ($616)[premium]
Supply vs demand by unit type (90d)
Sample: 39 active listings · 13 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 5 active / 1 sold · mismatch +5.13%
2br: 25 active / 5 sold · mismatch +25.64%
3br: 9 active / 7 sold · mismatch -30.77%
Concession pattern by unit type (90d)
1br (7 sales) — 71.43% closed with concessions, avg 2.62% below ask
2br (25 sales) — 64.00% closed with concessions, avg 3.54% below ask
3br (19 sales) — 73.68% closed with concessions, avg 3.97% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Apr, Mar
Historically weakest months: Jun, Feb, Oct
Annual averages: DOM 35.9d · sale-to-list 99.70% (n=51)
Monthly detail
Jan · 4 sales · DOM 43.3d · STL 95.48%
Feb · 4 sales · DOM 45.5d · STL 102.43%
Mar · 5 sales · DOM 26.4d · STL 98.15%
Apr · 2 sales · DOM 20.0d · STL 109.12%
May · 4 sales · DOM 32.5d · STL 104.63%
Jun · 8 sales · DOM 44.5d · STL 97.08%
Jul · 6 sales · DOM 31.7d · STL 99.59%
Aug · 5 sales · DOM 32.0d · STL 100.39%
Sep · 2 sales · DOM 18.0d · STL 98.51%
Oct · 5 sales · DOM 45.8d · STL 100.35%
Nov · 4 sales · DOM 33.0d · STL 96.86%
Dec · 2 sales · DOM 36.5d · STL 101.62%
Homes
Median sale price
$1.72M
Median PSF (est.)▼ 11.2%
$675/sqft
Price trend
Sold last 90 days
18
Active listings
69
Months of inventory
9.9
Avg days on market
34
Sale-to-list ratio
94.91%
Absorption rate
10.1%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 43.75% · End-user: 56.25% (from 18 sales, 14 leases)
Price reductions (90d)
Price-reduction rate: 16.67%
Avg reduction: $262,933 (6.05%)
Monthly reduction trend
2024-09: 0.0% (4 listings)
2024-10: 0.0% (4 listings)
2024-11: 0.0% (7 listings)
2024-12: 0.0% (6 listings)
2025-01: 25.0% (4 listings) · avg $40,000
2025-03: 25.0% (4 listings) · avg $52,000
2025-04: 0.0% (3 listings)
2025-06: 16.7% (6 listings) · avg $200,000
2025-07: 12.5% (8 listings) · avg $50,111
2025-09: 0.0% (8 listings)
2025-10: 0.0% (3 listings)
2025-11: 0.0% (3 listings)
2025-12: 33.3% (3 listings) · avg $78,900
2026-01: 0.0% (7 listings)
2026-02: 0.0% (3 listings)
2026-03: 0.0% (4 listings)
2026-04: 33.3% (3 listings) · avg $70,000
2026-05: 33.3% (3 listings) · avg $200,000
2026-06: 11.1% (9 listings) · avg $100,800
2026-07: 40.0% (5 listings) · avg $344,000
2026-08: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $675 — +10.07% vs municipality avg ($613)[premium]
Seasonality (annual pattern)
Historically strongest months: Jul, Oct, Dec
Historically weakest months: May, Mar, Feb
Annual averages: DOM 40.1d · sale-to-list 94.91% (n=106)
Monthly detail
Jan · 11 sales · DOM 38.9d · STL 90.42%
Feb · 5 sales · DOM 71.6d · STL 91.81%
Mar · 8 sales · DOM 55.1d · STL 95.02%
Apr · 6 sales · DOM 45.8d · STL 89.66%
May · 5 sales · DOM 47.8d · STL 96.28%
Jun · 15 sales · DOM 41.5d · STL 96.21%
Jul · 13 sales · DOM 27.5d · STL 100.49%
Aug · 5 sales · DOM 33.6d · STL 96.02%
Sep · 12 sales · DOM 37.1d · STL 94.79%
Oct · 7 sales · DOM 28.1d · STL 95.23%
Nov · 10 sales · DOM 45.3d · STL 93.64%
Dec · 9 sales · DOM 29.9d · STL 95.19%
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About South Richvale Real Estate

Explore 124 active listings in South Richvale, located in Richmond Hill. Browse 9 condo buildings, compare 89 properties for sale and 35 for lease, and find your next home with detailed market data and price estimates.

South Richvale has seen 654 completed transactions recently, with 189 sold and 465 leased properties providing rich comparable data for accurate valuations.

Buildings in South Richvale

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