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Home โ€บ Ontario Sold Prices โ€บ Markham โ€บ August 2025
August 2025 ยท Markham

Markham Sold Home Prices for August 2025

280 residential properties closed in Markham in August 2025. Average sold price of $1,266,133. 68.6% of homes sold below asking โ€” buyers have negotiating leverage.

๐Ÿ  280 Sales ๐Ÿ“ˆ Avg $1,266,133 โฑ 83 Days on Market ๐Ÿ“… August 2025
Avg Sold Price $1,266,133
Median Price $1,250,444
Sale / List 99.4%
Over Asking 29.3%
Avg DOM 83 days
Total Sold
280
all residential
Avg Sold Price
$1,266,133
all types
Median Price
$1,250,444
mid-point
Sale / List
99.4%
avg ratio
Over Asking
29.3%
of all sales
Avg DOM
83
days on market
Prices by Property Type
Markham ยท August 2025
๐Ÿ’ฐ Price Summary
Average Sold $1,266,133
Median Sold $1,250,444
Avg List Price $1,273,358
Lowest Sale $368,000
Highest Sale $4,178,000
Sale / List Ratio 99.4%
Luxury Sold
7
Avg Luxury
$3,151,571
Luxury Share
2.5%
๐Ÿ“Š Competition
Sold over asking 29.3%
Sold at asking 2.1%
Sold under asking 68.6%
Avg Days on Market 83 days
Fast ยท 050Slow ยท 100+
๐ŸงŠ Buyers market โ€” 68.6% sold below asking. Avg 83 days on market.
๐Ÿ’ฐ Price Summary
Average Sold $705,789
Median Sold $668,000
Avg List Price $715,706
Lowest Sale $368,000
Highest Sale $1,648,000
Sale / List Ratio 98.6%
Luxury Sold
1
Avg Luxury
$1,648,000
Luxury Share
1.3%
๐Ÿ“Š Competition
Sold over asking 17.9%
Sold at asking 5.1%
Sold under asking 76.9%
Avg Days on Market 81 days
Fast ยท 050Slow ยท 100+
๐ŸงŠ Buyers market โ€” 76.9% sold below asking. Avg 81 days on market.
๐Ÿ’ฐ Price Summary
Average Sold $1,607,127
Median Sold $1,475,000
Avg List Price $1,618,699
Lowest Sale $900,000
Highest Sale $4,178,000
Sale / List Ratio 99.3%
Luxury Sold
6
Avg Luxury
$3,402,167
Luxury Share
3.9%
๐Ÿ“Š Competition
Sold over asking 33.1%
Sold at asking 1.3%
Sold under asking 65.6%
Avg Days on Market 84 days
Fast ยท 050Slow ยท 100+
๐ŸงŠ Buyers market โ€” 65.6% sold below asking. Avg 84 days on market.
๐Ÿ’ฐ Price Summary
Average Sold $995,211
Median Sold $1,015,000
Avg List Price $989,337
Lowest Sale $475,000
Highest Sale $1,570,000
Sale / List Ratio 100.6%
๐Ÿ“Š Competition
Sold over asking 28.8%
Sold at asking 3.0%
Sold under asking 68.2%
Avg Days on Market 82 days
Fast ยท 050Slow ยท 100+
๐ŸงŠ Buyers market โ€” 68.2% sold below asking. Avg 82 days on market.
๐Ÿ˜
No multi-unit data for August 2025
There weren't enough multi-unit sales in Markham this month to generate a summary.
Nearby Cities ยท August 2025
Average sold price across all residential property types
All Types
CityAvg SoldMedianSale / ListDOMConditions
Toronto$1,119,388$900,000 98.9%82d๐ŸงŠ Buyers
Richmond Hill$1,369,308$1,258,000 98.0%83d๐ŸงŠ Buyers
Pickering$1,047,534$925,250 98.9%76d๐ŸงŠ Buyers
Whitchurch Stouffville$1,174,461$1,114,500 97.2%90d๐ŸงŠ Buyers
Ajax$910,643$865,000 99.3%82d๐ŸงŠ Buyers
Uxbridge$1,149,942$1,080,000 96.1%99d๐ŸงŠ Buyers
Frequently Asked Questions
Markham ยท August 2025
The average sold price across all residential types in Markham was $1,266,133 in August 2025, based on 280 closed transactions. The median was $1,250,444. Condos averaged $705,789, freehold averaged $1,607,127, and townhouses averaged $995,211.
The average Markham home took 83 days to sell in August 2025. Freehold properties averaged 84 days while condos averaged 81 days.
In August 2025, condos averaged $705,789 while freehold homes averaged $1,607,127 โ€” a gap of $901,338.
Markham averaged $1,266,133 in August 2025. Richmond Hill averaged $1,369,308. Whitchurch Stouffville averaged $1,174,461. See the full August 2025 Ontario summary โ†’

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Data note: Based on MLSยฎ resale transaction data held in our system for Markham, Ontario. Not official TRREB or CREA data. For general research only โ€” consult a licensed real estate professional before making decisions.

๐Ÿ—บ Nearby Cities
Toronto $1,119,388
Richmond Hill $1,369,308
Pickering $1,047,534
Whitchurch Stouffville $1,174,461
Ajax $910,643
Uxbridge $1,149,942
All Ontario Cities โ†’
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