Markham Real Estate Housing Market Update

Markham Real Estate Market Update | What Sellers, Buyers & Investors Need to Know

February 2025 brought continued shifts to the Markham real estate market. With rising inventory levels and moderate price adjustments, sellers need strong strategy—and buyers have increasing leverage. Here's what you need to know if you're thinking about selling, buying, or investing in Markham this year.

🏡 Market Snapshot – February 2025:

Detached Homes:
Avg Price: $1,696,182
Avg Days on Market: 19
Listings: 350
Y/Y Change: -1.89%

Townhomes & Semis:
Townhouse Avg: $1,213,235
Semi-Detached Avg: $1,208,468
Y/Y Changes: -5.09% and -7.11% respectively

Condos:
Avg Price: $690,774
Inventory up, Prices down Y/Y: -7.59%

What It Means for Sellers:
With elevated inventory levels and motivated buyers watching interest rates closely, pricing and marketing are everything. Sellers who act now and work with an experienced local agent have the edge.

What It Means for Buyers & Investors:
Buyers benefit from more choice and negotiation power. Investors looking at long-term gains may want to act before rates drop and demand spikes again.

Ready to make a move?
Contact Sam Chaim, Your Point Man in Real Estate, and let’s create a plan that works in today’s market.

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