Markham Real Estate Market Trend: May 2025

The Markham real estate market remained active in May 2025, with robust buyer demand and a healthy flow of new listings. In May, 948 new listings for sale in Markham hit the market and 256 homes were sold in Markham at an average price of $1,279,253. By the end of the month, 1,311 active listings for sale in Markham were available, reflecting ongoing competition and buyer confidence.

Detached homes in Markham led the market with 123 sales, followed by townhomes in Markham (34), semi-detached homes in Markham (18), and condo apartment in Markham (59).

Markham Real Estate Market Stats for May 2025

Property Type	Homes Sold	New Listings	Active Listings	Average Price
All home types in Markham	256	948	1,311	$1,279,253
Detached homes in Markham	123	411	544	$1,683,816
Townhomes in Markham	34	158	212	$1,149,520
Semi-detached homes in Markham	18	39	54	$1,162,605
Condo apartment in Markham	59	240	359	$671,874

What’s Happening in Markham’s Housing Market?

Active Market: 256 homes sold in Markham in May 2025, with 948 new listings in Markham providing buyers with plenty of choice.
Strong Prices: The average sale price was $1,279,253, and the median was $1,230,000.
Quick Sales: Homes spent just 25 days on the market on average, showing continued demand.
Seller’s Advantage: With 5.1 months of inventory and a sale-to-list price ratio of 1.00, Markham remains a competitive market for sellers.

What Does This Mean for You?

For Buyers:

With more homes for sale in Markham, you have a better chance to find your ideal property—whether it’s a detached home in Markham, townhome in Markham, condo apartment in Markham, or semi-detached home in Markham. Be ready to act quickly and make competitive offers.

For Sellers:
With steady demand and a healthy number of buyers, now is an excellent time to list your Markham home for sale. Well-presented and correctly priced homes are attracting attention and selling fast.

Explore Markham Resale Listings

Ready to find your next home? Browse the latest resale listings in Markham by property type:

Markham New Build & Pre-Construction Homes (2025)

If you're looking for new build or pre-construction homes for sale in Markham, Homebaba and CondoMonk have an updated list of all pre-construction homes for sale in Markham.

Source:
TRREB Market Watch, May 2025 : https://trreb.ca/wp-content/files/market-stats/market-watch/mw2505.pdf

Disclaimer: The content above is a compilation from diverse reliable online sources, including blogs and news articles. The Homebaba.ca content team does not ensure the factual accuracy of the information. The provided information may be outdated, and it should not be considered as advice or a recommendation. It is advisable to consult with a licensed real estate agent or broker for accurate advice and recommendations.