HomeMarket ReportsThornhillSeptember 2025
TRREB Market Watch · September 2025 · Archive

Thornhill Housing Market Report

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

September 2025 snapshot — all home types

Average Price$1,170,381
-0.4% MoM YoY
Home Sales519
+3.4% MoM YoY
New Listings1,758
+34.3% MoM YoY
Active Listings2,757
+7.7% MoM YoY
Months of Inventory4.6
Sales-to-New-Listings34.2%
Avg. Sale/List Price97.5%
Avg. Days on Market34

In September 2025, the Thornhill housing market recorded 519 home sales — up 3.4% from August 2025. The average selling price was $1,170,381, little changed month-over-month.

On the supply side, 1,758 new listings came to market and 2,757 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 34 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 Types519$1,170,381-0.4%
Detached229$1,563,194-1.8%
Semi-Detached32$1,130,213+2.6%
Townhouse80$1,077,348-4.4%
Condo Townhouse28$853,643+4.1%
Condo Apartment141$659,288+4.9%

Trend up to September 2025— average price & sales

May 2025 · $1,302,363September 2025 · $1,170,381
MonthSalesAvg. PriceNew ListingsActive
September 2025519$1,170,3811,7582,757
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, September 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).