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TRREB Market Watch · May 2025 · Archive

Thornhill Housing Market Report

This is an archived monthly report for May 2025. View the latest Thornhill market report (July 2026) →

May 2025 snapshot — all home types

Average Price$1,302,363
— MoM— YoY
Home Sales531
— MoM— YoY
New Listings2,004
— MoM— YoY
Active Listings2,871
— MoM— YoY
Months of Inventory4.3
Sales-to-New-Listings34.4%
Avg. Sale/List Price99.0%
Avg. Days on Market25

In May 2025, the Thornhill housing market recorded 531 home sales. The average selling price was $1,302,363.

On the supply side, 2,004 new listings came to market and 2,871 properties were available at month-end, roughly 4.3 months of inventory. Homes sold for an average of 99.0% of the list price and took about 25 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 Types531$1,302,363———
Detached273$1,686,306———
Semi-Detached42$1,184,354———
Townhouse64$1,147,547———
Condo Townhouse21$794,633———
Condo Apartment119$654,455———

More Thornhill 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).

Thornhill Housing Market Report — May 2025 (Archive) | TRREB Stats | BCG Team