Richmond Hill vs Vaughan
Side-by-side Real Estate market comparison, Ontario, Canada
| Metric | Richmond Hill | Vaughan |
|---|---|---|
| Active Listings | 991 | 1,244 |
| Sold (12 mo) | 1,945 | 2,904 |
| Median Price | $1.12M | $1.09M |
| Average Price | $1.23M | $1.18M |
| Avg Days on Market | 35 days | 34 days |
| SP/LP Ratio | 98% | 98% |
| Months of Inventory | 6.6 | 6.2 |
| Above Asking % | 22% | 16% |
| Below Asking % | 75% | 82% |
Frequently Asked Questions
Is Richmond Hill or Vaughan more affordable?
The median home price in Richmond Hill is $1.12M compared to $1.09M in Vaughan. Vaughan is currently the more affordable market.
Which city has faster home sales, Richmond Hill or Vaughan?
Homes in Richmond Hill sell in an average of 35 days compared to 34 days in Vaughan. Vaughan has a faster-moving market.
Is Richmond Hill or Vaughan a buyer's market?
Richmond Hill has 6.6 months of inventory and Vaughan has 6.2. A market with over 6 months of inventory generally favours buyers.