Markham Average Home Prices decreased in May 2025
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Markham Average Home Prices decreased in May 2025!
Freehold Attached Market
The freehold attached houses' average price, including townhouses and semi-detached houses, was down 2.1% from the previous month, down 7.8% from the same month previous year. The average time to sell this type of home is around 25.4 Days. The current month of inventory of Attached houses in Markham is about 5.3. Therefore, this segment of housing is currently in a Strong Buyer's Market.
Freehold Detached Market
The average price of detached houses was down 5.2% from the previous month, down 6.2% from the same month last year. Approximately 70.9% of total freehold units sold in Markham last month are Detached houses. If you plan to buy a detached home in Markham, you will need to spend an average of $1.6M. The current month of inventory of detached dwellings in Markham is around 4.78. The new listings were up 29.4% from the previous month, and up 68.8% from the same month last year.
Condo Market
The condo market is a Strong Buyer's Market. It takes an average of 31 days to sell a condo unit in Markham. The average price was down 3.6% from the previous month, down 9.3% from the same month previous year. The new listings were up 13.7% from the previous month, and up 41.8% from the same month last year.
If you plan to move to Markham or you want to learn more about real estate investment opportunities in Markham, please contact Markham real estate agent Realtor Alan Zheng at 647-877-9311.
- 183 Willowdale Ave
Toronto, ON, M2N 4Y9, Canada - 647-877-9311
- alan@mycanadahome.ca
- www.mycanadahome.com
