HomeMarket ReportsThornhillJanuary 2026
TRREB Market Watch · January 2026 · Archive

Thornhill Housing Market Report

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

January 2026 snapshot — all home types

Average Price$1,064,612
-9.6% MoM YoY
Home Sales309
-15.3% MoM YoY
New Listings989
+99.8% MoM YoY
Active Listings1,655
+1.0% MoM YoY
Months of Inventory5.0
Sales-to-New-Listings33.1%
Avg. Sale/List Price96.5%
Avg. Days on Market44

In January 2026, the Thornhill housing market recorded 309 home sales — down 15.3% from December 2025. The average selling price was $1,064,612, down 9.6% month-over-month.

On the supply side, 989 new listings came to market and 1,655 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 44 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 Types309$1,064,612-9.6%
Detached128$1,441,380-12.3%
Semi-Detached15$1,054,733+4.9%
Townhouse46$1,099,669+5.0%
Condo Townhouse22$753,984-8.5%
Condo Apartment86$563,662-7.4%

Trend up to January 2026— average price & sales

May 2025 · $1,302,363January 2026 · $1,064,612
MonthSalesAvg. PriceNew ListingsActive
January 2026309$1,064,6129891,655
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, January 2026. 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).