10/01/2026
Buying a condo in Richmond Hill this fall? You are shopping in a different market from Toronto.
The condo apartment benchmark here is 14.2% below last year. In the City of Toronto it is 6.9%, in Markham 10.3%, in Vaughan 5.4%.
In the latest month, 33 condo apartments sold in Richmond Hill and 197 were still on the market. The ones that sold went for 95% of their asking price, on average.
Counts like these read like room to negotiate, and room to keep your financing condition and your lawyer's review of the status certificate.
An asking price is a decision somebody made about their own home. What comparable units actually closed at is evidence. So price your offer from what sold in that building, not from the headline.
The full numbers are here: https://jasminahomes.ca/toronto-real-estate-news/september-2026-what-fewer-listings-mean-for-your-offer-this-fall/?utm_source=facebook&utm_medium=post&utm_campaign=end-of-summer-2026&utm_content=angle-c
Which building or street are you watching this fall?
Jasmina Zivkovic, REALTOR® with RE/MAX Your Community Realty Inc., Brokerage.