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Oak Ridges, Richmond Hill, ON

Oak Ridges Shows Buyer-Leaning Conditions in February 2026

Oak Ridges showed 13 sales and a 28 percent sales-to-new-listings ratio in February 2026. The neighbourhood also maps 97 local amenities across six categories.

Key facts and reporting periods

Source observations, preserving their recorded geographic scope
MetricValueProperty typeGeographyReporting dateSource
Sales Volume13 salesAllOak Ridges, Richmond Hill, ON2026-02-28Source
Sales to New Listings Ratio28 percentAllOak Ridges, Richmond Hill, ON2026-02-28Source
Average Sale Price1223194 cadAllRichmond Hill, ON2026-02-28Source
Median Sale Price1124500 cadAllRichmond Hill, ON2026-02-28Source
Median Sale Price940000 cadAllRichmond Hill, ON2026-02-28Source
Median Sale Price589000 cadCondominiumRichmond Hill, ON2026-02-28Source
Median Sale Price1332800 cadAllRichmond Hill, ON2026-02-28Source
Median Sale Price1350000 cadAllRichmond Hill, ON2026-02-28Source

Market summary

Oak Ridges showed 13 sales and a 28 percent sales-to-new-listings ratio in February 2026. The neighbourhood also maps 97 local amenities across six categories.

Central finding

Oak Ridges recorded 13 sales against a 28 percent sales-to-new-listings ratio in February 2026, indicating buyer-leaning conditions. Sources: [Richmond Hill Housing Market Report | Feb 2026 Prices & Trends]

February 2026 Market Balance

Oak Ridges recorded 13 sales during February 2026, according to the Richmond Hill Housing Market Report. The same source reports a sales-to-new-listings ratio of 28 percent for that month. This ratio places the neighbourhood in a buyer-leaning condition for the observed period. The low ratio suggests sellers faced more competition than buyers did during those four weeks.

The February 2026 data does not include a median selling price or an inventory count. Without those figures, the price level and depth of supply remain unmeasured for this specific month. The single-month window limits how much weight this observation carries for longer-term trends. A reader should treat this as a snapshot rather than a sustained directional signal. Sources: [Richmond Hill Housing Market Report | Feb 2026 Prices & Trends]

Mapped Amenity Profile

The neighbourhood maps 97 amenity points across six distinct categories. Parks account for 21 of these points, while transit stops make up 52. Schools number 6, and childcare centres total 4. Grocery stores appear 6 times, and recreation facilities appear 8 times in the mapped set. These counts reflect point locations attributed to Oak Ridges in the source dataset.

The presence of 52 transit stop points indicates multiple street intersections with mapped bus service. However, the count does not establish route frequency, travel time, or connectivity to other parts of the city. Similarly, the 21 park points do not measure size, quality, or accessibility from every residence. The amenity list confirms location but not performance or user experience. Sources: [Dr. Bette Stephenson Centre for Learning]

The strongest counter-case

The February 2026 observation covers only one month of activity, limiting its ability to represent sustained market direction. 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

Prepared with AI-assisted research and writing from the cited records. Research methodology.

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