HomeMarket ReportsMarkhamMay 2026
TRREB Market Watch · May 2026 · Archive

Markham Housing Market Report

This is an archived monthly report for May 2026. View the latest Markham market report (July 2026)

May 2026 snapshot — all home types

Average Price$1,199,667
+5.2% MoM-6.2% YoY
Home Sales303
+21.2% MoM+18.4% YoY
New Listings753
-2.6% MoM-20.6% YoY
Median Price$1,160,000
+7.0% MoM-5.7% YoY
Active Listings1,166
Months of Inventory4.5
Sales-to-New-Listings37.4%
Avg. Sale/List Price99.0%
Avg. Days on Market27

In May 2026, the Markham housing market recorded 303 home sales — up 21.2% from April 2026 and up 18.4% year-over-year. The average selling price was $1,199,667 (median $1,160,000), up 5.2% month-over-month and down 6.2% compared with May 2025.

On the supply side, 753 new listings came to market and 1,166 properties were available at month-end, roughly 4.5 months of inventory. Homes sold for an average of 99.0% of the list price and took about 27 days to sell.

By property type

Home TypeSalesAvg. PriceMedianMoMYoY
All Home Types303$1,199,667$1,160,000+5.2%-6.2%
Detached148$1,552,562$1,456,500+2.7%-7.8%
Semi-Detached20$1,085,768$1,081,500+2.4%-6.6%
Townhouse52$1,039,913$1,030,900+2.5%-9.5%
Condo Townhouse24$734,571$750,000-11.7%-3.4%
Condo Apartment50$617,507$556,500-9.5%-8.1%

Trend up to May 2026— average price & sales

May 2025 · $1,279,253May 2026 · $1,199,667
MonthSalesAvg. PriceNew ListingsActive
May 2026303$1,199,6677531,166
April 2026250$1,140,6687731,109
March 2026225$1,155,505614889
February 2026182$1,068,928427800
January 2026163$1,100,945491769
December 2025171$1,187,221248725
November 2025219$1,149,8935141,036
October 2025281$1,230,8336801,170
September 2025259$1,177,2907941,249
August 2025240$1,136,3236351,222
July 2025266$1,246,0877711,310
June 2025274$1,286,0578331,322

More Markham monthly reports

Nearby market reports

Source: Toronto Regional Real Estate Board (TRREB) Market Watch, May 2026. 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).