TRREB Market Watch · May 2026 · Archive

Thornhill Housing Market Report

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

May 2026 snapshot — all home types

Average Price$1,189,531
+3.0% MoM-8.7% YoY
Home Sales616
+21.5% MoM+16.0% YoY
New Listings1,574
-1.1% MoM-21.5% YoY
Active Listings2,496
+4.6% MoM-13.1% YoY
Months of Inventory4.8
Sales-to-New-Listings36.0%
Avg. Sale/List Price98.5%
Avg. Days on Market27

In May 2026, the Thornhill housing market recorded 616 home sales — up 21.5% from April 2026 and up 16.0% year-over-year. The average selling price was $1,189,531, up 3.0% month-over-month and down 8.7% compared with May 2025.

On the supply side, 1,574 new listings came to market and 2,496 properties were available at month-end, roughly 4.8 months of inventory. Homes sold for an average of 98.5% of the list price and took about 27 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 Types616$1,189,531+3.0%-8.7%
Detached302$1,565,111+2.2%-7.2%
Semi-Detached37$1,067,577+2.7%-9.9%
Townhouse105$1,025,489-0.6%-10.6%
Condo Townhouse35$760,900-7.2%-4.2%
Condo Apartment127$596,853-7.6%-8.8%

Trend up to May 2026— average price & sales

May 2025 · $1,302,363May 2026 · $1,189,531
MonthSalesAvg. PriceNew ListingsActive
May 2026616$1,189,5311,5742,496
April 2026507$1,155,2231,5912,386
March 2026467$1,170,4691,3371,972
February 2026379$1,105,9169511,740
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

More Thornhill monthly reports

Nearby market reports

Source: Toronto Regional Real Estate Board (TRREB) Market Watch, May 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).