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TRREB Market Watch · November 2025 · Archive

Thornhill Housing Market Report

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

November 2025 snapshot — all home types

Average Price$1,172,942
-4.0% MoM— YoY
Home Sales450
-21.6% MoM— YoY
New Listings1,085
-26.9% MoM— YoY
Active Listings2,335
-11.3% MoM— YoY
Months of Inventory4.9
Sales-to-New-Listings33.3%
Avg. Sale/List Price97.0%
Avg. Days on Market36

In November 2025, the Thornhill housing market recorded 450 home sales — down 21.6% from October 2025. The average selling price was $1,172,942, down 4.0% month-over-month.

On the supply side, 1,085 new listings came to market and 2,335 properties were available at month-end, roughly 4.9 months of inventory. Homes sold for an average of 97.0% of the list price and took about 36 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 Types450$1,172,942—-4.0%—
Detached189$1,657,029—+3.1%—
Semi-Detached28$1,059,407—-4.2%—
Townhouse74$1,047,735—-4.1%—
Condo Townhouse22$767,386—-10.4%—
Condo Apartment126$624,042—-2.3%—

Trend up to November 2025— average price & sales

May 2025 · $1,302,363November 2025 · $1,172,942
MonthSalesAvg. PriceNew ListingsActive
November 2025450$1,172,9421,0852,335
October 2025574$1,222,4321,4852,631
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, November 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 — November 2025 (Archive) | TRREB Stats | BCG Team