Markham Real Estate Housing Market Update

Markham Market Update – March 2025: What Sellers, Buyers & Investors Need to Know

The real estate landscape in Markham, Ontario continues to shift in response to broader economic factors and local trends. According to the March 2025 report from the Toronto Regional Real Estate Board (TRREB), the average sale price in the GTA dropped by 2.5% year-over-year, bringing the average to $1,093,254.

In Markham specifically, detached homes are still commanding over $1.63 million, with an average time on market of just 20 days—a strong signal that well-positioned properties continue to move quickly. With 425 active detached listings and 89 sales, sellers still have opportunities to attract motivated buyers, especially before inventory rises further in the spring.

For buyers and investors, this is a moment of increased leverage. GTA inventory levels have jumped 88.8% year-over-year, creating more selection and negotiation potential. As affordability improves and rate cuts are projected this spring, smart buyers are already exploring their options.

If you’re thinking of making a move, whether to list your current home or explore new investment opportunities, I can help you navigate the best timing and strategy.

To a Good Life,

Sam