Pre Construction & New Homes for sale in Markham

Markham Real Estate Snapshot – August 2025

In August 2025, Markham recorded 240 home sales with a total dollar volume of more than $272.7 million. The average home price in Markham was $1,136,323. Detached homes led the market with 88 sales averaging $1,573,623, while semi-detached homes averaged $1,103,822. Townhomes recorded an average of $1,137,962, and condo apartments provided a more affordable option at $652,562, appealing to both first-time buyers and investors.

Explore Pre-Construction in Markham

Looking ahead, pre-construction homes in Markham continue to offer attractive opportunities, from high-rise condos to new townhome and detached communities. These projects feature modern designs, energy-efficient features, and excellent long-term investment potential.

Final Thoughts

August 2025 highlighted Markham’s strength as one of the most dynamic real estate markets in York Region. With options ranging from luxury detached estates to affordable condos, the city continues to appeal to a wide spectrum of buyers and investors seeking growth and stability.

Markham Real Estate Snapshot: July 2025 Market Insights

In July 2025, the Markham real estate market recorded a total of 266 home sales, generating a dollar volume of approximately $331.46 million. The average home price across all property types was $1,246,087, with a median price of $1,155,000. Detached homes in Markham led the market with 121 sales and the highest average price of $1,678,690, followed by semi-detached homes averaging $1,091,923. Townhomes in Markham sold for an average of $1,070,782, while condo apartments remained the most affordable option with an average price of $690,334. Inventory levels included 771 new listings and 1,310 active listings, reflecting continued buyer interest in pre-construction homes in Markham and other property types.

Explore Pre-Construction in Markham

Considering a modern new home? Explore pre-construction homes in Markham to discover the latest developments, from luxury condominiums to family-friendly townhouse communities. These projects offer contemporary designs, energy-efficient builds, and excellent long-term value in one of the GTA’s fastest-growing cities.

Final Thoughts

Markham remains one of the top real estate spots in the Greater Toronto Area. From  detached houses to  townhouses and condominium apartments, there is something for every type of buyer in the city. Whether you are looking for future real estate developments  or older resale houses, Markham has plenty to offer homeowners and investors.

Markham Real Estate Snapshot: June 2025 Market Insights

In June 2025, the Markham real estate market remained active and balanced, with a total of 274 home sales and an average selling price of $1.28 million. Detached homes continued to dominate, averaging $1.66 million across 136 sales, making them the most in-demand property type for families seeking space and comfort.  Townhomes and semi-detached homes followed, offering slightly more affordable options with strong value.  Condo apartments remained a popular choice for first-time buyers and investors, with 58 units sold at an average price of $698,169. With 833 new listings and 1,322 active listings on the market, buyers had a wide range of opportunities to explore in Markham’s thriving real estate scene.

Final Thoughts

June 2025 demonstrated that Markham is still a competitive and balanced market with a diverse selection of properties to fit various lifestyles and budgets. From luxury detached houses to more budget-friendly condo apartments, the city's varied real estate continues to garner attention from buyers and investors.

Frequently Asked Questions (FAQs) about Markham Market [June Update]

1. How are detached homes performing in Markham?

Detached homes remain in high demand with 136 sales and an average price of $1,660,522. These homes are ideal for families seeking privacy and space. Browse current detached homes in Markham.

2. What’s happening in the semi-detached segment?

Semi-detached homes had limited activity with just 13 sales, averaging $1.17M. This segment still presents solid value. Check out semi-detached homes in Markham.

3. Are townhomes a good option in Markham?

Yes, with 43 townhomes sold at an average price of $1.13M, they offer a great blend of value and space. Browse townhomes for sale in Markham.

4. What is the average condo price in Markham?

Condo apartments averaged $698,169, offering a more affordable entry point. They're popular with first-time buyers and investors. View current condos in Markham.

5. Is now a good time to buy a home in Markham?

Yes, with 833 new listings and 1,322 active listings, buyers have plenty of options across all property types. Whether you're looking for resale homes in Markham or pre-construction homes in Markham, it's a good time to enter the market.

Markham Real Estate Snapshot: May 2025 Market Insights

Markham’s housing market remained active in May 2025, with 256 properties sold and a total transaction volume exceeding $327 million. The average home price was $1,279,253, while the median price stood at $1,230,000, highlighting consistent demand across both luxury and mid-range segments.

Detached homes led the way with 123 sales, averaging $1.68 million, appealing to buyers seeking space and privacy. Meanwhile, townhomes in Markham averaged $1.14M, and semi-detached homes came in at $1.16M—strong options for families looking to stay within the York Region corridor.

The condo market in Markham saw 59 units sold, averaging $671K, offering accessible price points near transit, tech hubs, and shopping districts. With 948 new listings and 1,311 active homes, Markham continues to deliver ample inventory and a healthy balance between supply and demand, making it an ideal choice for both homebuyers and investors.

Final Thoughts

With steady demand and lots a variety of housing types, Markham continues to offer diversified real estate options. Whether you're seeking luxury detached homes in Markham or first-time condos near technology and transit, this city is one of the best locations for York Region purchasers to search. Keep an eye out for new condo constructions in Markham as the city ramps up its vertical product lines in the coming months.

Frequently Asked Questions (FAQs) about Markham Market [May Update]

1. How many homes were sold in Mississauga in May 2025?

There were 508 homes sold in Mississauga in May 2025, with a total dollar volume of $528,881,516.

2. What was the average home price in Mississauga?

The average home price across all property types was $1,040,979, and the median price was $950,000.

3. Which home type had the most sales in May?

Detached homes led the market with 204 sales at an average price of $1,471,579.

4. Are there affordable options for first-time buyers?

Yes, condo apartments are a popular entry point, averaging $584,398, with 136 units sold.

5. What are the price ranges for townhomes and semi-detached homes?

Semi-detached homes averaged $985,660, while townhomes were slightly higher at $1,015,595.

6. Is the inventory high in Mississauga?

Yes, with 1,994 new listings and 2,800 active listings, buyers currently have a wide range of options and more room to negotiate.

7. Why choose Mississauga in 2025?

Mississauga offers a vibrant market with high buyer demand, property variety, excellent amenities, and proximity to Toronto—making it a top destination for families, investors, and newcomers alike.

Markham Real Estate Market Update: April 2025 Snapshot

Markham continues to be one of the most sought-after cities in the GTA for families, investors, and immigrants. Whether you're searching for affordable homes in Markham or homes in Markham, the latest real estate figures show a competitive but opportunity-rich market.

Current Market Overview for Markham

Here's a detailed breakdown of sales and price trends across different property types:

Frequently Asked Questions (FAQs) about Markham Market [April Update]

1. How many homes were sold in Mississauga in April 2025?

There were 490 homes sold in Mississauga in April 2025, with a total sales volume of over $487 million.

2. What is the average home price in Mississauga?

The average home price across all property types was $993,959, while the median price was $912,500.

3. Which property type had the highest average price?

Detached homes had the highest average price at $1,440,838, with 180 sales and $259M in total volume.

4. Are there affordable options for first-time buyers?

Yes. Condo apartments averaged $549,790, offering a more affordable entry point in the Mississauga market.

5. How active is the current inventory in Mississauga?

There were 1,656 new listings and 2,391 active listings in April 2025, showing strong supply and variety for buyers.

6. What’s the average price for semi-detached homes in Mississauga?

Semi-detached homes averaged $985,461, with 65 sales in April and 174 new listings added.

7. Are there many townhomes available?

There were 59 new listings and 67 active townhomes in Mississauga in April, with an average sale price of $970,500.

8. Where can I find pre-construction options in Mississauga?

Explore upcoming projects and new builds on the pre-construction homes in Mississauga page for more modern and customizable choices.

9. Why choose Mississauga for real estate in 2025?

Mississauga offers diverse housing, a strong economy, and excellent transit links to Toronto. With balanced pricing and growing inventory, it's a top pick for both buyers and investors.

Markham Real Estate Snapshot: March 2025 Market Insights

In March 2025, Markham recorded a total of 220 home sales across all property types, reaching a dollar volume of $267 million. The average home price stood at $1,213,744, with a median price of $1,205,000. A total of 719 new listings entered the market, while 992 active listings were available.

Detached homes were the most dominant category, with 89 sales and a strong average price of $1.63 million. Semi-detached homes  saw limited activity, with only 10 sales, though their average price remained high at $1.2 million. Townhomes saw 36 transactions with an average price of approximately $1.16 million. Meanwhile, condo apartments remained the most affordable option, with 57 sales and an average price of $708,107.

This data reflects a market that continues to show strong demand—especially for detached and townhome properties—while condo apartments remain a popular choice for budget-conscious buyers.

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Markham Overview

Markham is a city in the Regional Municipality of York, Ontario, Canada, situated in Southern Ontario within the Greater Toronto Area. It is known for its cultural and architectural beauty, covering an area of 212 sq. km. The city is governed by a council consisting of a mayor, four regional councillors, and eight ward councillors.

Markham is the largest city in York Region by population and the 4th largest in the Greater Toronto Area.

Life in Markham Neighbourhoods

Markham is a vibrant city with a diverse community blending old and new culture. Its proximity to Toronto makes it a sought-after destination for many, especially affluent youth. The city offers excellent community planning, services, and lifestyle.

Festivals in Markham

• Unionville Village Festival
• Markham Ribfest and Music Festival
• Markham Jazz Festival
• Harvest Moon Festival
• Taste of Asia
• Tamil Fest

Markham has the highest percentage of visible minorities among Canadian cities.

Leading Neighbourhoods in Markham

• Cornell: Young neighbourhood with easy access to facilities and recreation.
• Greensborough: Peaceful environment with green spaces and parks.
• Markham Village: Historic and vibrant city hub.
• Aurora Grove: Luxurious, family-friendly neighbourhood with green lands.
• Markville: Known for CF Markville shopping centre and exceptional facilities.
• Raymerville: Tranquil, family-friendly environment in central Markham.

Housing Market in Markham

The housing market in Markham is thriving, with single-family detached homes being the most sought after. Markham is approximately 30 minutes from Toronto and offers affordable options in diverse neighbourhoods.

Markham’s real estate market ranks as the 8th most expensive in the GTA based on average home selling price.

Mortgage and Down Payment Details

Buying a property requires securing a mortgage. The minimum down payment is 5%, though 20% is standard. Payments below 20% require mortgage loan insurance.

Property Taxes

Markham’s residential property tax rate for 2021 is 0.632908%, combining municipal and provincial educational taxes, based on assessed property value by MPAC.

Land Transfer Tax (LTT)

Markham imposes a provincial land transfer tax when buying property, calculated marginally based on property value portions.

Living in Markham

Markham is in the top 5% most expensive cities worldwide but cheaper than Toronto. The average cost of living is around $1,874 per month for a single person. Major expenses include housing, transportation, and utilities.

Major Attractions in Markham

• Diverse Community
• Open Spaces and Parks
• Rich Culture and Heritage
• Strong Economy
• Safe Neighbourhoods

Weather in Markham

Markham experiences a humid continental climate with warm humid summers and cold, snowy winters. The average annual temperature is 8°C, and average rainfall is 33.9 inches.

Family Life and Education

Markham offers quality schools and a family-friendly environment with parks and playgrounds, close to Toronto.

• Stonebridge Public School (K-8)
• Coledale Public School (K-8)
• Castlemore Public School (K-8)
• Bur Oak Secondary School (9-12)
• Markville Secondary School (9-12)
• Seneca College
• Evergreen College

Weekend Getaways in Markham

Milne Dam Conservation Park

Markham's largest park with walking and biking trails, picnic areas, and fishing in the Rouge River.

Flato Markham Theatre

A premier venue hosting plays, concerts, and comedy shows suitable for all ages.

Markham Museum

Historic museum with over 20 buildings and artefacts showcasing Markham's heritage.

Reesor Farm Market

Largest farmer’s market in York offering fresh farm produce and baked goods.

Bob Hunter Memorial Park

A tranquil greenspace with scenic trails alongside the Rouge River.

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