Community Housing Market Report

York Region: Richmond Hill

Third Quarter 2012

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 1

ALL HOME TYPES, THIRD QUARTER 2012

RICHMOND HILL COMMUNITY BREAKDOWN

Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. DOM

Richmond Hill 644 $427,733,888 $664,183 $590,000 1,664 888 98% 24

Oak Ridges 81 $52,698,700 $650,601 $620,000 183 98 98% 22

Jefferson 61 $44,867,610 $735,535 $700,000 160 93 98% 29

Westbrook 46 $29,813,657 $648,123 $640,000 127 65 98% 14

Mill Pond 33 $25,110,900 $760,936 $780,500 76 48 97% 23

North Richvale 55 $29,015,100 $527,547 $500,000 114 56 98% 25

South Richvale 14 $13,268,900 $947,779 $767,450 74 49 96% 23

Oak Ridges Lake Wilcox 32 $23,480,588 $733,768 $645,000 99 58 96% 23

Devonsleigh 26 $15,025,493 $577,904 $596,000 66 36 97% 29

Crosby 31 $14,813,788 $477,864 $514,000 87 55 98% 24

Harding 35 $17,345,000 $495,571 $377,000 88 45 97% 26

Observatory 23 $9,900,509 $430,457 $370,000 52 24 98% 22

Langstaff 76 $32,669,353 $429,860 $357,250 204 96 98% 28

Rural Richmond Hill 3 $3,255,000 $1,085,000 $825,000 13 15 96% 18

Rouge Woods 60 $39,973,610 $666,227 $647,500 134 51 100% 19

Bayview Hill 36 $52,238,880 $1,451,080 $1,367,500 97 46 97% 26

Doncrest 28 $22,888,800 $817,457 $868,500 70 36 98% 26

Headford Business Park 0 - - - 1 1 - -

Beaver Creek Business Park 4 $1,368,000 $342,000 $337,500 19 16 99% 31

SUMMARY OF EXISTING HOME TRANSACTIONS

Richmond Hill Community Breakdown

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 2

61

410

0 06

Number of Transactions*

$704

$477 $467$525

$675

$471 $464$510

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

145

422

1 011

Number of New Listings*

42%

100%

45%

0% 0%

55%

Sales-to-New Listings Ratio*

22

12

26

19

Average Days on Market*

97% 100% 98% 100%

Average Sale Price to List Price Ratio*

Richmond Hill: Oak Ridges

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 3

43

0

16

2 0 0

Number of Transactions*

$835

$509

$750

$505

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

129

0

28

2 0 1

Number of New Listings*

33%

0%

57%

100%

0% 0%

Sales-to-New Listings Ratio*

28 26

Average Days on Market*

97% 98%

Average Sale Price to List Price Ratio*

Richmond Hill: Jefferson

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 4

24

69

7

0 0

Number of Transactions*

$772

$528 $562

$436

$728

$523$590

$436

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

91

920

70 0

Number of New Listings*

26%

67%

45%

100%

0% 0%

Sales-to-New Listings Ratio*

15 15

10 11

Average Days on Market*

98% 99% 98% 98%

Average Sale Price to List Price Ratio*

Richmond Hill: Westbrook

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 5

31

0 0 1 1 0

Number of Transactions*

$788 $782

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

68

0 1 3 4 0

Number of New Listings*46%

0% 0%

33%

25%

0%

Sales-to-New Listings Ratio*

22

Average Days on Market*

97%

Average Sale Price to List Price Ratio*

Richmond Hill: Mill Pond

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 6

20

0

6

11 12

6

Number of Transactions*

$730

$429$393

$352

$548

$673

$436$400

$356

$558

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

50

0

10

20 2014

Number of New Listings*

40%

0%

60%55%

60%

43%

Sales-to-New Listings Ratio*

17

35

28 27 29

Average Days on Market*

97% 97% 98% 98% 99%

Average Sale Price to List Price Ratio*

Richmond Hill: North Richvale

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 7

10

0

3

10 0

Number of Transactions*

$1,083

$610

$1,078

$560

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

67

06

0 1 0

Number of New Listings*

15%

0%

50%

0% 0% 0%

Sales-to-New Listings Ratio*

28

11

Average Days on Market*

95% 98%

Average Sale Price to List Price Ratio*

Richmond Hill: South Richvale

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 8

24

35

0 0 0

Number of Transactions*

$817

$475 $492

$679

$500 $489

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

78

8 100 0 3

Number of New Listings*

31%38%

50%

0% 0% 0%

Sales-to-New Listings Ratio*

24 25

18

Average Days on Market*

95% 97% 98%

Average Sale Price to List Price Ratio*

Richmond Hill: Oak Ridges Lake Wilcox

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 9

20

02

0

4

0

Number of Transactions*

$644

$268

$644

$265

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

48

06

0

12

0

Number of New Listings*42%

0%

33%

0%

33%

0%

Sales-to-New Listings Ratio*

3026

Average Days on Market*

97% 98%

Average Sale Price to List Price Ratio*

Richmond Hill: Devonsleigh

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 10

17

9

0 0

4

1

Number of Transactions*

$557

$393

$320

$550

$390

$289

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

50

19

0 0

18

0

Number of New Listings*

34%

47%

0% 0%

22%

0%

Sales-to-New Listings Ratio*

1922

56

Average Days on Market*

97% 99% 98%

Average Sale Price to List Price Ratio*

Richmond Hill: Crosby

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 11

13

20 0

20

0

Number of Transactions*

$773

$324

$640

$322

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

28

2 0 0

58

0

Number of New Listings*

46%

100%

0% 0%

34%

0%

Sales-to-New Listings Ratio*

22

29

Average Days on Market*

97% 97%

Average Sale Price to List Price Ratio*

Richmond Hill: Harding

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 12

5

0

2

13

3

0

Number of Transactions*

$721

$337 $370

$740

$320$370

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

19

0

5

20

8

0

Number of New Listings*

26%

0%

40%

65%

38%

0%

Sales-to-New Listings Ratio*

12

25

34

Average Days on Market*

97% 98% 97%

Average Sale Price to List Price Ratio*

Richmond Hill: Observatory

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 13

6 4

23

2

41

0

Number of Transactions*

$927

$594$535

$282

$837

$587$530

$275

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

21 14

37

2

130

0

Number of New Listings*

29% 29%

62%

100%

32%

0%

Sales-to-New Listings Ratio*

20

2823

34

Average Days on Market*

98% 97% 98% 97%

Average Sale Price to List Price Ratio*

Richmond Hill: Langstaff

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 14

3

0 0 0 0 0

Number of Transactions*

$1,085

$825

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

13

0 0 0 0 0

Number of New Listings*23%

0% 0% 0% 0% 0%

Sales-to-New Listings Ratio*

18

Average Days on Market*

96%

Average Sale Price to List Price Ratio*

Richmond Hill: Rural Richmond Hill

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 15

31

4

25

0 0 0

Number of Transactions*

$808

$543 $510

$790

$538 $500

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

87

9

38

0 0 0

Number of New Listings*

36%44%

66%

0% 0% 0%

Sales-to-New Listings Ratio*

20

9

18

Average Days on Market*

100% 100% 99%

Average Sale Price to List Price Ratio*

Richmond Hill: Rouge Woods

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 16

36

0 0 0 0 0

Number of Transactions*

$1,451$1,368

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

97

0 0 0 0 0

Number of New Listings*37%

0% 0% 0% 0% 0%

Sales-to-New Listings Ratio*

26

Average Days on Market*

97%

Average Sale Price to List Price Ratio*

Richmond Hill: Bayview Hill

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 17

23

0 1 13

0

Number of Transactions*

$910

$307

$900

$292

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

48

0 15

16

0

Number of New Listings*

48%

0%

100%

20% 19%

0%

Sales-to-New Listings Ratio*

28

18

Average Days on Market*

99% 96%

Average Sale Price to List Price Ratio*

Richmond Hill: Doncrest

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 18

0 0 0 0 0 0

Number of Transactions* Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

1

0 0 0 0 0

Number of New Listings*

0% 0% 0% 0% 0% 0%

Sales-to-New Listings Ratio*

Average Days on Market* Average Sale Price to List Price Ratio*

Richmond Hill: Headford Business Park

Third Quarter 2012

Toronto Real Estate Board

*The source for all slides is the Toronto Real Estate Board. Some statistics are not reported when the number of transactions is two (2) or less.

Statistics are updated on a monthly basis. Quarterly community statistics in this report may not match quarterly sums calculated from past TREB publications. 19

0 0 0 0

4

0

Number of Transactions*

$342 $338

Average/Median Selling Price (,000s)* Average Selling Price

Median Selling Price

0 0 0 0

19

0

Number of New Listings*

0% 0% 0% 0%

21%

0%

Sales-to-New Listings Ratio*

31

Average Days on Market*

99%

Average Sale Price to List Price Ratio*

Richmond Hill: Beaver Creek Business Park