Condos for Sale in Richmond Hill
Over $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: $1.57M · 13 active · avg 19 days on market.
13 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Richmond Hill Over $1.5M
13 active · median $1.57M
Median List Price
$1.57M
Active Listings
13
Avg Days on Market
19 days
YoY Change
-9.1%
6-Month Median Price Trend
Dec
$1.52M
Jan
$1.58M
Feb
$1.62M
Mar
$1.54M
Apr
$1.55M
May
$1.58M
What is the average condo price in Richmond Hill in 2026?
The benchmark price for a condo in Richmond Hill in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 13 active listings, moving in an average of 19 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 balanced market for condos in this band. Inventory is turning over in 19 days with prices down 9.1% year-over-year. Neither side has decisive leverage right now.
Families helped in Richmond Hill
69+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
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What $1.57M gets you in Richmond Hill.
Condos in Richmond Hill priced over $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 $1575K — down 9.1% year-over-year. Active inventory is moving in roughly 19 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.64M
$1.72M
$1.49M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Richmond Hill.
Keep exploring Richmond Hill.
Other property types
Richmond Hill Condo FAQ
What is the median price for condos in Richmond Hill over $1.5m?
As of 2026-05-01, the median list price for condos in Richmond Hill priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many condos are currently for sale in Richmond Hill in this price range?
There are roughly 13 active condos for sale in Richmond Hill priced over $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 over $1.5m are averaging 19 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 13 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Richmond Hill advisor within 1 business hour.
Condos in Richmond Hill Over $1.5M
Median $1.57M · 13 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.