Richvale, Richmond Hill, ON
Richvale: North Richvale Posts Richmond Hill's Strongest February 2026 Sales Ratio at 61 Percent
North Richvale posted a 61% sales-to-new-listings ratio in February 2026, making it Richmond Hill's most active neighbourhood that month. The single-month reading signals seller-leaning conditions but does not confirm a durable trend.
Key facts and reporting periods
| Metric | Value | Property type | Geography | Reporting date | Source |
|---|---|---|---|---|---|
| Sales Volume | 14 sales | All | Richvale, Richmond Hill, ON | 2026-02-28 | Source |
| Sales to New Listings Ratio | 24 percent | All | Richvale, Richmond Hill, ON | 2026-02-28 | Source |
| Sales to New Listings Ratio | 61 percent | All | Richvale, Richmond Hill, ON | 2026-02-28 | Source |
| Average Sale Price | 1223194 cad | All | Richmond Hill, ON | 2026-02-28 | Source |
| Median Sale Price | 1124500 cad | All | Richmond Hill, ON | 2026-02-28 | Source |
| Median Sale Price | 940000 cad | All | Richmond Hill, ON | 2026-02-28 | Source |
| Median Sale Price | 589000 cad | Condominium | Richmond Hill, ON | 2026-02-28 | Source |
| Median Sale Price | 1332800 cad | All | Richmond Hill, ON | 2026-02-28 | Source |
Market summary
North Richvale posted a 61% sales-to-new-listings ratio in February 2026, making it Richmond Hill's most active neighbourhood that month. The single-month reading signals seller-leaning conditions but does not confirm a durable trend.
Central finding
North Richvale recorded a 61% sales-to-new-listings ratio in February 2026, the strongest demand signal in Richmond Hill that month. Sources: [Richmond Hill Housing Market Report | Feb 2026 Prices & Trends]
February 2026 Demand Signal
North Richvale closed February 2026 with 14 sales and a sales-to-new-listings ratio of 61 percent. That ratio places the area in seller-leaning territory, the strongest such reading among Richmond Hill neighbourhoods reported for the same month. The source identifies North Richvale as the city's most active neighbourhood during this period.
A 61 percent ratio means roughly six of every ten new listings received an accepted offer within the month. Because the broader municipal market was described as buyer-leaning, North Richvale's position stands out as a local exception rather than a citywide pattern. The single-month window limits how much weight this figure carries for longer-term planning. Sources: [Richmond Hill Housing Market Report | Feb 2026 Prices & Trends]
Mapped Amenity Inventory
OpenStreetMap data attributes 192 amenity points to Richvale, spanning seven schools, twenty-eight parks, one hundred eight transit stops, four childcare facilities, and forty-five recreation sites. Named schools include Charles Howitt Public School, Langstaff Secondary School, Roselawn Public School, Red Maple Public School, St. John Paul II Catholic School, and St. John Paul II Catholic Elementary School.
Recreation points include Richvale Community Centre and Pool, Richmond Hill Italian Community Club, and Langstaff Community Centre, alongside numerous unnamed recreation entries. Childcare facilities listed are Kindergarten Play Area, Mini-Skool 'A Child's Place' Inc, Kidz World Childcare Centre, and Active Kidz Daycare Centre. These counts reflect mapped presence only and do not establish catchment boundaries, service quality, frequency, or buyer demand. Sources: [Charles Howitt Public School] [Bayview Hill Community Centre and Pool recreation programs]
The strongest counter-case
The February 2026 observation covers only one month and does not establish a sustained trend or price direction for Richvale. Sources: [Richmond Hill Housing Market Report | Feb 2026 Prices & Trends]
City market context
From the Richmond Hill market article, 11 October 2026:
Richmond Hill recorded a 29% Sales to New Listings Ratio and 6.5 months of inventory in February 2026. The median sale price stood at $1,124,500 across all property types. The combination of a 29% Sales to New Listings Ratio and 6.5 months of inventory in February 2026 indicates a buyer-favourable environment in Richmond Hill, offering negotiating leverage despite a high median sale price of $1,124,500.
Sources and reporting dates
- Richmond Hill Housing Market Report | Feb 2026 Prices & TrendsObservation reference period: 28 February 2026. Scope: neighbourhood, Richvale, Richmond Hill, ON.
- Charles Howitt Public Schooldate unavailable. Scope: neighbourhood.
- Bayview Hill Community Centre and Pool recreation programsSource metadata date 10 October 2026; not a publication or event date. Scope: city.
Prepared with AI-assisted research and writing from the cited records. Research methodology.
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