Markham Housing Market Report
This is an archived monthly report for May 2025. View the latest Markham market report (July 2026) →
May 2025 snapshot — all home types
Average Price$1,279,253
— MoM— YoY
Home Sales256
— MoM— YoY
New Listings948
— MoM— YoY
Median Price$1,230,000
— MoM— YoY
Active Listings1,311
Months of Inventory4.0
Sales-to-New-Listings36.1%
Avg. Sale/List Price100.0%
Avg. Days on Market25
In May 2025, the Markham housing market recorded 256 home sales. The average selling price was $1,279,253 (median $1,230,000).
On the supply side, 948 new listings came to market and 1,311 properties were available at month-end, roughly 4.0 months of inventory. Homes sold for an average of 100.0% of the list price and took about 25 days to sell.
By property type
| Home Type | Sales | Avg. Price | Median | MoM | YoY |
|---|---|---|---|---|---|
| All Home Types | 256 | $1,279,253 | $1,230,000 | — | — |
| Detached | 123 | $1,683,816 | $1,505,000 | — | — |
| Semi-Detached | 18 | $1,162,605 | $1,157,500 | — | — |
| Townhouse | 34 | $1,149,520 | $1,185,000 | — | — |
| Condo Townhouse | 13 | $760,253 | $772,000 | — | — |
| Condo Apartment | 59 | $671,874 | $650,000 | — | — |
More Markham monthly reports
Nearby market reports
Source: Toronto Regional Real Estate Board (TRREB) Market Watch, May 2025. Statistics are based on MLS® System sales reported by TRREB member brokerages and are provided for general information only. MLS® is a registered trademark of the Canadian Real Estate Association (CREA).