Markham Real Estate Housing Market Update

Markham’s July 2025 market data shows both stability and opportunity, depending on the property type. According to TRREB:

• Average GTA sale price: $1,051,719 (down 5.5% YoY)

• Detached: $1,678,690 (+1.09% MoM, -7.26% YoY) – 29 days on market

• Semi-detached: $1,091,923 (-6.55% MoM, -18.36% YoY) – 29 days on market

• Townhouses: $1,070,782 (-5.82% MoM, -11.01% YoY) – 30 days on market

• Condo townhomes: $785,269 (-0.02% MoM, -13.54% YoY) – 33 days on market

• Condo apartments: $690,334 (-1.12% MoM, -10.01% YoY) – 32 days on market

For Sellers:
Detached homes remain a standout, with a modest price gain month-over-month and strong sales activity. With GTA inventory up 26.2% year-over-year, acting now could help you get ahead of increasing competition.

For Buyers & Investors:
Price adjustments in semi-detached, townhomes, and condos improve affordability. Investors should take note of the exemptions that allow non-residents to purchase multi-unit buildings, vacant land, and recreational properties — all with potential for strong returns.

If you’re looking to sell strategically or buy with confidence, reach out to Sam Chaim, your Point Man in Real Estate with RE/MAX Realtron — Making A Difference For You.