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TRREB Market Watch · December 2025 · Archive

Thornhill Housing Market Report

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

December 2025 snapshot — all home types

Average Price$1,178,099
+0.4% MoM— YoY
Home Sales365
-18.9% MoM— YoY
New Listings495
-54.4% MoM— YoY
Active Listings1,639
-29.8% MoM— YoY
Months of Inventory5.0
Sales-to-New-Listings32.9%
Avg. Sale/List Price96.5%
Avg. Days on Market40

In December 2025, the Thornhill housing market recorded 365 home sales — down 18.9% from November 2025. The average selling price was $1,178,099, little changed month-over-month.

On the supply side, 495 new listings came to market and 1,639 properties were available at month-end, roughly 5.0 months of inventory. Homes sold for an average of 96.5% of the list price and took about 40 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 Types365$1,178,099—+0.4%—
Detached159$1,642,771—-0.9%—
Semi-Detached21$1,005,476—-5.1%—
Townhouse63$1,047,376—-0.0%—
Condo Townhouse22$823,953—+7.4%—
Condo Apartment94$608,753—-2.4%—

Trend up to December 2025— average price & sales

May 2025 · $1,302,363December 2025 · $1,178,099
MonthSalesAvg. PriceNew ListingsActive
December 2025365$1,178,0994951,639
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, December 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 — December 2025 (Archive) | TRREB Stats | BCG Team