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TRREB Market Watch · August 2026

Thornhill Housing Market Report

An established community straddling the Markham and Vaughan boundary at the southern edge of York Region. Because Thornhill spans two municipalities, the figures below combine TRREB's Markham and Vaughan reporting areas.

August 2026 snapshot — all home types

Average Price$1,220,730
+7.3% MoM+3.9% YoY
Home Sales524
-6.4% MoM+4.4% YoY
New Listings1,177
-12.9% MoM-10.1% YoY
Active Listings2,289
-6.4% MoM-10.6% YoY
Months of Inventory4.5
Sales-to-New-Listings38.7%
Avg. Sale/List Price97.5%
Avg. Days on Market33

In August 2026, the Thornhill housing market recorded 524 home sales — down 6.4% from July 2026 and up 4.4% year-over-year. The average selling price was $1,220,730, up 7.3% month-over-month and up 3.9% compared with August 2025.

On the supply side, 1,177 new listings came to market and 2,289 properties were available at month-end, roughly 4.5 months of inventory. Homes sold for an average of 97.5% of the list price and took about 33 days to sell.

Figures for Thornhill combine TRREB's underlying reporting areas (Markham, Vaughan). The average price is derived from total dollar volume and sales; TRREB does not publish a single median for the combined area.

By property type

Home TypeSalesAvg. PriceMedianMoMYoY
All Home Types524$1,220,730—+7.3%+3.9%
Detached259$1,640,060—+7.0%+3.0%
Semi-Detached29$983,517—-4.8%-10.7%
Townhouse70$1,041,695—+0.5%-7.6%
Condo Townhouse37$803,349—+7.3%-2.1%
Condo Apartment120$622,224—+0.9%-1.0%

12-month trend — average price & sales

May 2025 · $1,302,363August 2026 · $1,220,730
MonthSalesAvg. PriceNew ListingsActive
August 2026524$1,220,7301,1772,289
July 2026560$1,137,7871,3512,445
June 2026693$1,159,7901,6482,516
May 2026616$1,189,5311,5742,496
April 2026507$1,155,2231,5912,386
March 2026467$1,170,4691,3371,972
February 2026379$1,105,9169511,740
January 2026309$1,064,6129891,655
December 2025365$1,178,0994951,639
November 2025450$1,172,9421,0852,335
October 2025574$1,222,4321,4852,631
September 2025519$1,170,3811,7582,757

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Past Thornhill monthly reports

Nearby market reports

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