HomeMarket ReportsThornhillAugust 2025
TRREB Market Watch · August 2025 · Archive

Thornhill Housing Market Report

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

August 2025 snapshot — all home types

Average Price$1,175,273
-6.1% MoM YoY
Home Sales502
-5.8% MoM YoY
New Listings1,309
-21.1% MoM YoY
Active Listings2,560
-8.5% MoM YoY
Months of Inventory4.6
Sales-to-New-Listings33.9%
Avg. Sale/List Price97.5%
Avg. Days on Market33

In August 2025, the Thornhill housing market recorded 502 home sales — down 5.8% from July 2025. The average selling price was $1,175,273, down 6.1% month-over-month.

On the supply side, 1,309 new listings came to market and 2,560 properties were available at month-end, roughly 4.6 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 Types502$1,175,273-6.1%
Detached212$1,591,743-6.6%
Semi-Detached30$1,101,460+1.2%
Townhouse87$1,126,925+4.4%
Condo Townhouse34$820,408+1.9%
Condo Apartment128$628,733-5.2%

Trend up to August 2025— average price & sales

May 2025 · $1,302,363August 2025 · $1,175,273
MonthSalesAvg. PriceNew ListingsActive
August 2025502$1,175,2731,3092,560
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, August 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).