HomeMarket ReportsThornhillJuly 2025
TRREB Market Watch · July 2025 · Archive

Thornhill Housing Market Report

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

July 2025 snapshot — all home types

Average Price$1,251,646
-0.1% MoM YoY
Home Sales533
-3.3% MoM YoY
New Listings1,660
-4.2% MoM YoY
Active Listings2,799
-2.7% MoM YoY
Months of Inventory4.6
Sales-to-New-Listings34.0%
Avg. Sale/List Price98.0%
Avg. Days on Market30

In July 2025, the Thornhill housing market recorded 533 home sales — down 3.3% from June 2025. The average selling price was $1,251,646, little changed month-over-month.

On the supply side, 1,660 new listings came to market and 2,799 properties were available at month-end, roughly 4.6 months of inventory. Homes sold for an average of 98.0% of the list price and took about 30 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 Types533$1,251,646-0.1%
Detached243$1,703,417+2.6%
Semi-Detached31$1,088,355-3.1%
Townhouse83$1,079,026-4.8%
Condo Townhouse31$805,400-2.9%
Condo Apartment127$663,484-1.9%

Trend up to July 2025— average price & sales

May 2025 · $1,302,363July 2025 · $1,251,646
MonthSalesAvg. PriceNew ListingsActive
July 2025533$1,251,6461,6602,799
June 2025551$1,253,0441,7322,876
May 2025531$1,302,3632,0042,871

More Thornhill monthly reports

Nearby market reports

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