Brampton vs Richmond Hill
Side-by-side Real Estate market comparison, Ontario, Canada
| Metric | Brampton | Richmond Hill |
|---|---|---|
| Active Listings | 1,877 | 991 |
| Sold (12 mo) | 4,647 | 1,945 |
| Median Price | $840K | $1.12M |
| Average Price | $893K | $1.23M |
| Avg Days on Market | 32 days | 35 days |
| SP/LP Ratio | 98% | 98% |
| Months of Inventory | 5.1 | 6.6 |
| Above Asking % | 19% | 22% |
| Below Asking % | 80% | 75% |
Frequently Asked Questions
Is Brampton or Richmond Hill more affordable?
The median home price in Brampton is $840K compared to $1.12M in Richmond Hill. Brampton is currently the more affordable market.
Which city has faster home sales, Brampton or Richmond Hill?
Homes in Brampton sell in an average of 32 days compared to 35 days in Richmond Hill. Brampton has a faster-moving market.
Is Brampton or Richmond Hill a buyer's market?
Brampton has 5.1 months of inventory and Richmond Hill has 6.6. A market with over 6 months of inventory generally favours buyers.