Observatory, Richmond Hill Neighbourhood Guide
Observatory is the 16th most affordable of the 18 Richmond Hill neighbourhoods with recorded sales, with a median sold price of $1,645,000 over the last 12 months. 23 homes are for sale on Zown today.
Observatory is the 16th most affordable of the 18 Richmond Hill neighbourhoods with recorded sales, with a median sold price of $1,645,000 over the last 12 months. 23 homes are for sale on Zown today.
At Observatory’s median sold price of $1,645,000, a Zown Complete boost works out to about $20,563 (1.25% of the price), paid at closing. Boosts go up to $25,000.
Over the last 12 months 18 homes sold in Observatory, at a median of $1,645,000. That makes it the 16th most affordable of the 18 Richmond Hill neighbourhoods with recorded sales. By home type that is detached at $1,918,000, semi-detached at $1,590,000, townhouse at $669,000 and condo at $460,000. Sales closed in a median of 83 days on market, slower than the 75-day Richmond Hill median, at 98% of the asking price against 99% city-wide.
What comes up for sale here is mostly detached houses (36%), condo apartments (27%) and condo townhouses (23%). 23 homes are on the market in Observatory right now.
Median sold price by home type over the last 12 months, next to the same figure for Richmond Hill.
Detached
$1,918,000
28% above the Richmond Hill median
Semi-detached
$1,590,000
52% above the Richmond Hill median
Townhouse
$669,000
5% below the Richmond Hill median
Condo
$460,000
12% below the Richmond Hill median
Pace and competition over the last 12 months, next to the same figures across the city.
Richmond Hill median 75
Richmond Hill average 99%
Last 12 months
The 23 homes on the market today, by type.
Median sold price each month in Observatory against Richmond Hill, over the last 12 months.
Zown is a brokerage, so we earn a commission on the home you buy and give up to 1.25% of the price back to you, up to $25,000, paid at closing.
| Home type | Median sold price | Estimated boost |
|---|---|---|
| Detached | $1,918,000 | $23,975 |
| Semi-detached | $1,590,000 | $19,875 |
| Townhouse | $669,000 | $8,363 |
| Condo | $460,000 | $5,750 |
Estimates only. Your boost depends on the home you buy and the commission offered on it, and it is paid at closing. It adds to your overall savings and is most often used for closing costs.
Run your numbersCentred on the homes currently for sale in Observatory.
Prices, sales and listing counts refresh daily from the MLS. Last updated .