Observatory, Richmond Hill
Observatory is currently a balanced market with 5.4 months of inventory.
- Median Sold PriceMedian sold price, trailing 12-month basis
- $768Kdown 17.4% versus YoY
- Homes Sold (12 mo)Sold residential listings, trailing 12 months
- 107
- Avg Days on MarketAverage days on market for sold listings
- 38 days
- Sale-to-List RatioSold price ÷ list price
- 99.1%
- Months of InventoryActive listings ÷ monthly sales rate
- 5.4 months
- Active ListingsCurrently active residential listings
- 36
Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · median 12-month basis
| Period | Benchmark Price |
|---|---|
| 2025-07-31 | $1.13M |
| 2025-08-31 | $865K |
| 2025-09-30 | $850K |
| 2025-10-31 | $955K |
| 2025-11-30 | $819K |
| 2025-12-31 | $757K |
| 2026-01-31 | $751K |
| 2026-02-28 | $757K |
| 2026-03-31 | $735K |
| 2026-04-30 | $735K |
| 2026-05-31 | $770K |
| 2026-06-01 | $770K |
| 2026-06-02 | $770K |
| 2026-06-03 | $794K |
| 2026-06-04 | $817K |
| 2026-06-06 | $817K |
| 2026-06-15 | $794K |
| 2026-07-01 | $840K |
| 2026-07-10 | $823K |
| 2026-07-11 | $823K |
| 2026-07-12 | $823K |
| 2026-07-14 | $823K |
| 2026-07-18 | $823K |
| 2026-07-19 | $823K |
| 2026-07-20 | $823K |
Observatory is a tracked market within Richmond Hill. View the full Richmond Hill market report for area-wide trends, inventory flow, and neighbouring communities.