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TRREB Market Watch · July 2026 · Archive

Thornhill Housing Market Report

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

July 2026 snapshot — all home types

Average Price$1,137,787
-1.9% MoM-9.1% YoY
Home Sales560
-19.2% MoM+5.1% YoY
New Listings1,351
-18.0% MoM-18.6% YoY
Active Listings2,445
-2.8% MoM-12.6% YoY
Months of Inventory4.5
Sales-to-New-Listings38.1%
Avg. Sale/List Price98.0%
Avg. Days on Market33

In July 2026, the Thornhill housing market recorded 560 home sales — down 19.2% from June 2026 and up 5.1% year-over-year. The average selling price was $1,137,787, down 1.9% month-over-month and down 9.1% compared with July 2025.

On the supply side, 1,351 new listings came to market and 2,445 properties were available at month-end, roughly 4.5 months of inventory. Homes sold for an average of 98.0% of the list price and took about 33 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 Types560$1,137,787—-1.9%-9.1%
Detached248$1,533,041—-4.4%-10.0%
Semi-Detached36$1,032,689—+1.1%-5.1%
Townhouse96$1,036,384—+2.2%-4.0%
Condo Townhouse30$748,946—-9.5%-7.0%
Condo Apartment136$616,873—+2.4%-7.0%

Trend up to July 2026 — average price & sales

May 2025 · $1,302,363July 2026 · $1,137,787
MonthSalesAvg. PriceNew ListingsActive
July 2026560$1,137,7871,3512,445
June 2026693$1,159,7901,6482,516
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

More Thornhill monthly reports

Nearby market reports

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