Markham market insights
What is actually happening in Markham real estate right now.
Not algorithm summaries. Not national averages. Specific, local intelligence from a broker licensed since 2015 who works this market every day.
Average price, Sep 2026
$1,125,353
Down from $1,208,692 in August
Benchmark price (MLS® HPI)
$1,052,500
Down 6.0% from a year earlier
Homes sold in Markham
245
282 in August; 729 new listings
Detached homes
98% of list
Average 31 days on market
Monthly market report
The numbers below are for the City of Markham, all home types, from TRREB Market Watch, September 2026 (released October 6, 2026). Kenneth reads them every month; here is what they show and what they mean for you.
| Home type | Sales | Average price | Median price | Sale-to-list | Avg. days on market | Months of supply* |
|---|---|---|---|---|---|---|
| Detached | 108 | $1,534,139 | $1,381,500 | 98% | 31 | 4.3 |
| Semi-detached | 18 | $1,019,322 | $999,000 | 101% | 30 | 2.3 |
| Freehold townhouse | 30 | $977,959 | $918,490 | 100% | 32 | 4.9 |
| Condo townhouse | 23 | $829,470 | $735,000 | 98% | 35 | 4.0 |
| Condo apartment | 55 | $574,612 | $535,000 | 98% | 40 | 6.4 |
*Active listings at month end divided by the month's sales. A rough guide: under 4 months tends to favour sellers, over 6 favours buyers.
| Markham | Benchmark price | Change from a year ago |
|---|---|---|
| All homes (composite) | $1,052,500 | −6.02% |
| Detached | $1,441,700 | −5.61% |
| Single-family attached | $1,032,900 | −5.52% |
| Townhouse | $731,700 | −6.62% |
| Condo apartment | $517,200 | −9.70% |
The benchmark tracks a typical home, so it is steadier than averages, which move with the mix of homes that sold.
TRREB reported 5,040 sales across the GTA in September 2026, down 9.0% from a year earlier, at an average price of $1,006,409 (down 5.1%). New listings were down 14.4% and the composite benchmark price was down 4.7% year over year.
In September 2026 the average price for all home types sold in Markham was $1,125,353, and the median was $1,051,000. Detached homes averaged $1,534,139, according to TRREB Market Watch.
Compared with a year ago, yes. Markham's MLS® Home Price Index benchmark was $1,052,500 in September 2026, down 6.02% year over year. The average sale price moved from $1,208,692 in August to $1,125,353, but monthly averages shift with the mix of homes that sell.
In September 2026, detached homes averaged 31 days on market, freehold townhouses 32 days and condo apartments 40 days.
It depends on the home type. A common rule of thumb is that under four months of supply favours sellers and over six favours buyers. In September 2026, detached homes had about 4.3 months of supply (roughly balanced), freehold townhouses about 4.9 months (roughly balanced) and condo apartments about 6.4 months (leaning toward buyers).
Source: TRREB Market Watch, September 2026, Toronto Regional Real Estate Board, released October 6, 2026. Figures are for the City of Markham. Next update: November 2026.
Selling in Markham
The numbers above tell you what the market is doing. These four short guides cover what you control: preparation, marketing and how offers are handled.
Markham neighbourhoods
Unionville
Historic Main Street
A historic Main Street village with heritage homes, established family streets, Toogood Pond and Unionville GO.
Read the Unionville guideCornell
Planned and walkable
A planned walkable community with front porches, rear lanes and the Markham Stouffville Hospital.
Read the Cornell guideBerczy Village
Family neighbourhood
Heritage-style streets from the 1990s and 2000s, Berczy Park and Pierre Elliott Trudeau High School.
Read the Berczy Village guideCathedraltown
Master-planned
A master-planned town built around the Cathedral of the Transfiguration, with first residents in 2006.
Read the Cathedraltown guideAngus Glen
Executive homes
Executive homes around a two-course golf club that has hosted the Canadian Open twice.
Read the Angus Glen guideVictoria Square
Hamlet and new homes
A 200-year-old hamlet surrounded by large new detached homes, close to Highway 404.
Read the Victoria Square guide廣東話市場分析
Kenneth covers the Markham market in both English and Cantonese, because a significant portion of York Region homeowners make their most important financial decisions in their first language.
99萬買下雙車房獨立屋，萬錦最旺地段。這會是 2026 年最後的上車機會嗎？
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