Markham: March 2025 Real Estate Market Report
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Markham Real Estate Market Update—March 2025
Markham's real estate market was abuzz this March— listings were up, buyers were active, and prices remained steady for most properties. So, if you're considering a buy or sell in the near future, here's a summary of what the stats are telling us.
Market Overview—March 2025
| Property Type | Sales | Dollar Volume | Average Price | Median Price | New Listings | Active Listings |
|---|---|---|---|---|---|---|
| All Types | 220 | $267,023,593 | $1,213,744 | $1,205,000 | 719 | 992 |
| Detached | 89 | $145,747,794 | $1,637,616 | $1,538,000 | 302 | 425 |
| Semi-Detached | 10 | $12,037,888 | $1,203,789 | $1,208,000 | 35 | 40 |
| Townhomes | 36 | $41,850,600 | $1,162,517 | $1,179,000 | 112 | 144 |
| Condo Apartment | 57 | $40,362,111 | $708,107 | $690,000 | 208 | 302 |
Detached Homes: Still the Big Movers
- 89 detached homes sold
- Average price: $1.63M
- Median price: $1.54M
- New listings: 302
- Active listings: 425
If you're in the market for space and a backyard, detached homes are still the most sought-after — and the priciest.
Browse detached homes in Markham
Semi-Detached: High Demand, Low Supply
- 10 homes sold
- Average price: $1.2M
- Median price: $1.21M
- New listings: 35
Buyers looking for more space than a condo but lower costs than a detached may want to act quickly in this segment.
Explore semi-detached homes in Markham
Townhomes: A Balanced Middle Ground
- 36 sales recorded
- Average price: $1.16M
- Median price: $1.18M
- New listings: 112
- Active listings: 144
Families and upsizers are eyeing this category for its flexibility and pricing.
Condos: Entry-Level & Investor Friendly
- 57 units sold
- Average price: $708K
- Median price: $690K
- New listings: 208
- Active listings: 302
If you're a first-time buyer or an investor, this is a segment to watch.
See condos for sale in Markham
Looking Ahead
As we go further along in 2025, we're going to be watching interest rates, what's happening with inventory, and what the buyers are doing in Markham. If you're planning to move this year, it's a good time to consider your options.
Need Help Navigating Markham Real Estate?
Whether you're searching for a new home, downsizing, or investing, staying informed is key. Visit Condomonk.ca or Homebaba.ca for up-to-date listings across all property types in Markham.
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