Mill Pond Real Estate Market Report — Week of June 1, 2026
The week in numbers
Mill Pond closed five sales in the week of June 1, with a median sold price of $1,485,000. The sample spans a broad range—from $1,050,000 to $2,190,000—reflecting the neighborhood’s mixed inventory of mid-range and premium homes.
| Metric | This week |
|---|---|
| Median sold price | $1,485,000 |
| Sales count | 5 |
| Price range | $1,050,000 – $2,190,000 |
| Sale-to-list ratio | 97.4% |
What sold
The five closed transactions show a split between mid-market and upper-bracket homes. Two sales fell in the $1–$1.5M range (Leisure Lane at $1,333,800 and Trayborn Drive at $1,050,000), while three exceeded $1.4M (Gatcombe Circle, Theobalds Circle, and Willett Crescent, the latter commanding $2,190,000). Homes ranged from approximately 1,100 to 5,000 square feet, indicating a mix of family homes and larger properties.
- Willett Crescent: $2,190,000 (3,500–5,000 sqft)
- Gatcombe Circle: $1,922,000 (3,000–3,500 sqft)
- Theobalds Circle: $1,485,000 (2,000–2,500 sqft)
- Leisure Lane: $1,333,800 (1,100–1,500 sqft)
- Trayborn Drive: $1,050,000 (1,100–1,500 sqft)
What’s listed right now
Eight properties are currently on the market in Mill Pond, ranging from $989,900 to $2,189,000. The active roster shows concentrated inventory in the $1–$1.5M band, with two premium listings near or above $2.1M. This breadth suggests the neighborhood continues to attract buyers across multiple price points.
- Mill Street: $2,149,000
- Marbrook Street: $2,189,000
- Starlight Crescent: $1,549,000
- Arten Avenue: $1,379,900
- Lucas Street: $1,388,000
- Hunt Avenue: $1,148,000
- Arnold Crescent: $989,900
- Kingsville Lane: $998,100
Market call
Mill Pond’s sale-to-list ratio of 97.4% indicates a balanced to slightly buyer-favoring market this week. Homes are selling close to asking price—none of the five sales exceeded list—suggesting realistic pricing by vendors. Without days-on-market data, it is difficult to gauge velocity, but the combination of median pricing at $1.485M against a list-to-active inventory ratio of 8 suggests steady absorption.
The absence of significant outliers or anomalies points to a stable, orderly market. For sellers, the near-ask performance is encouraging. For buyers, competition remains present but not urgent.
How this compares to the broader Richmond Hill
Mill Pond’s median of $1.485M sits comfortably within the broader Ontario context, where the median sale hovers around $1.05M to $1.1M depending on property class and location. As a mature suburban neighborhood in Richmond Hill, Mill Pond commands a modest premium relative to some inner-Ontario markets, reflecting its established character and proximity to amenities. The week’s activity is consistent with normal spring-early summer turnover for the region.
What this means if you’re thinking of selling
If you own in Mill Pond, this week’s data suggests a receptive market. Homes are selling near asking price, which is a positive signal. Your first step should be understanding your home’s actual net proceeds after commissions, legal, and closing costs. Use the seller net sheet calculator to model various list prices and fee structures. Next, review the pre-listing checklist to identify any quick wins—curb appeal, decluttering, minor repairs—that can help you command top-of-range pricing. The broad price range in active inventory means positioning and presentation matter in this market.
What this means if you’re thinking of buying
With eight active listings and five recent sales, Mill Pond offers choice without frantic competition. Homes are moving near asking price, so be prepared to offer fairly and quickly if you find the right fit. If you’re new to the neighborhood or want to see homes in their context, book a 20-minute walkthrough. Alex Goodman is licensed to represent buyers and can help you navigate the local dynamics, understand comparables, and position a strong offer.
Sources & method
Data reflects five closed sales in Mill Pond over the week of June 1, 2026, and eight currently active listings as of the reporting date. Price and property-type information is sourced from local MLS records. For broader context on home value and assessment methodology, see MPAC — Making Sense of Your Assessment. Additional neighborhood insights are available via the Mill Pond home value estimate. For more weekly reports across Ontario, visit InstantCalculator.ca.
