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Observatory Real Estate

37 active listings · updated daily


Explore real estate in Observatory, Richmond Hill — 37 active listings spanning homes, condos, and more. Asking prices currently range from $429K to $2.89M, with a median around $933,500.

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Market Snapshot37 listings
Active listings
37
Median price
$933,500
Average price
$1,334,303
Price range
$429K – $2.89M
Detached16
Apartment11
Townhouse9
Vacant Land1

Sold data

How homes sell in Observatory

Homes in Observatory took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 44, across 97 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $748,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$748,000
Sale-to-list ratio
97.0%
Sold above asking
30%

Based on 97 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

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