Markham Freehold Housing prices hit another record high in Sep 2021

Markham Freehold Housing prices hit another record high in Sep 2021

Markham Freehold Housing prices hit another record high in Sep 2021

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Markham Freehold Housing prices hit another record high in Sep 2021!

Freehold Attached Market

The freehold attached houses' average price, including town, semi, and link houses, was up 4.8% from the previous month, up 28.1% from the same month previous year. The average time to sell this type of home is around 10.1 Days. The current month of inventory of Attached houses in Markham is about 0.5. Therefore, this segment of housing is currently in a Strong Seller's Market.

Freehold Detached Market

The average price of detached houses was up 9.3% from the previous month, up 32.5% from the same month last year. Approximately 55.0% 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 $1.9M. The current month of inventory of detached dwellings in Markham is around 1.18. The new listings are up 37.0% from the previous month, but still down 35% v.s. previous year.

Condo Market

The average price of the condo was down 4% compared Aug, but up 10% v.s. last Sep. The sold listing dropped by 4%, while new listings increased by 20%.

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.