Markham: July 2025 Real Estate Market Report

Markham Real Estate Market Update – July 2025
The real estate market in Markham continued to be robust in July 2025. It saw 266 homes sold at more than $331.4 million. With its dynamic communities, high-ranking schools, and busy business centres, Markham still appeals to buyers looking for contemporary living, multiculturalism, and long-term value near Toronto.
July 2025 Market Highlights
Property Type | Sales | Dollar Volume | Average Price | Median Price | New Listings | Active Listings |
---|---|---|---|---|---|---|
All Types | 266 | $331,459,187 | $1,246,087 | $1,155,000 | 771 | 1,310 |
Detached Homes | 121 | $203,121,480 | $1,678,690 | $1,471,000 | 315 | 525 |
Semi-Detached | 13 | $14,195,000 | $1,091,923 | $1,062,000 | 42 | 57 |
Townhomes | 36 | $38,548,144 | $1,070,782 | $1,039,400 | 113 | 190 |
Condo Apartments | 60 | $41,420,064 | $690,334 | $652,500 | 220 | 386 |
Detached homes in Markham led the market in July 2025, with 121 sales averaging $1,678,690. These homes remain the top choice for families seeking luxury, larger lot sizes, and access to high-ranking schools.
Markham recorded 13 semi-detached home sales at an average price of $1,091,923. This segment provides a more affordable entry point into the market while still offering generous space and strong community amenities.
Townhomes saw 36 sales with an average price of $1,070,782, appealing to buyers looking for a balance of affordability, space, and low-maintenance living.
Condo apartments recorded 60 sales at an average price of $690,334, remaining a strong option for first-time buyers and investors seeking a more accessible price point in a highly desirable city.
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.
Sources:
- https://trreb.ca/wp-content/files/market-stats/market-watch/mw2507.pdf
- https://trreb.ca/market-data/market-watch/
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