Richmond Hill Condo market Updates mid November 

Pre-Construction :

There has been total 440 unit condo sold in Richmond Hill from the beginning of the year between all the active 14 projects.

Average unit size has been around 800 sq ft and average price of $415,000 per unit based on the existing pre-construction sales.

The average price per sq ft is about $515 for pre-constructions. There are in total about just under 1000 unit left in the builders inventory across Richmond Hill for condo unit.

Re-Sale :

Below is the Treb Stats for the month of October for Richmond Hill Condo sales of 71 unit

October 1st - October 31	Count	Mean	Median	Mode	Low	High
		(Average)
List Price	71	$333,608	$324,900	$329,900	$204,900	$679,900
Original Price	71	$336,018	$325,000	$249,900	$204,900	$679,900
Sold Price	71	$324,320	$317,000	$305,000	$193,000	$638,000
%Difference	71	97	98	98	90	100
Taxes	68	$2,339	$2,233	$2,120	$1,470	$5,461.35
Bedrooms	71	2	2	2	1	4
Washrooms	71	2	2	2	1	3
Days on Market	71	33	24	20	5	154
November 1st - 15th	Count	Mean	Median	Mode	Low	High
		(Average)
List Price	18	$350,517	$347,000	n/a	$214,000	$499,800
Original Price	18	$350,794	$347,000	n/a	$199,900	$499,800
Sold Price	18	$342,317	$343,000	n/a	$205,000	$490,000
%Difference	18	98	98	98	92	103
Taxes	18	$2,375	$2,453	$1,445	$1,444.94	$3,227
Bedrooms	18	2	2	2	1	3
Washrooms	18	2	2	2	1	4
Days on Market	18	31	23	n/a	3	95