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August 2025 · Markham
Markham Sold Home Prices for August 2025
242 residential properties closed in Markham in August 2025. Average sold price of $1,127,488. 73.1% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,127,488
Median Price $1,065,000
Sale / List 98.2%
Over Asking 24%
Avg DOM 34 days
Previous Months
Total Sold
242
all residential
Avg Sold Price
$1,127,488
all types
Median Price
$1,065,000
mid-point
Sale / List
98.2%
avg ratio
Over Asking
24%
of all sales
Avg DOM
34
days on market
Prices by Property Type
Markham · August 2025
💰 Price Summary
Average Sold $1,127,488
Median Sold $1,065,000
Avg List Price $1,148,727
Lowest Sale $335,000
Highest Sale $4,015,000
Sale / List Ratio 98.2%
Luxury Sold
6
Avg Luxury
$2,885,167
Luxury Share
2.5%
📊 Competition
Sold over asking 24.0%
Sold at asking 2.9%
Sold under asking 73.1%
Avg Days on Market 34 days
Fast · 050Slow · 100+
🧊 Buyers market — 73.1% sold below asking. Avg 34 days on market.
💰 Price Summary
Average Sold $685,393
Median Sold $626,500
Avg List Price $701,882
Lowest Sale $335,000
Highest Sale $1,778,000
Sale / List Ratio 97.7%
Luxury Sold
2
Avg Luxury
$1,639,000
Luxury Share
2.2%
📊 Competition
Sold over asking 16.7%
Sold at asking 6.7%
Sold under asking 76.7%
Avg Days on Market 38 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.7% sold below asking. Avg 38 days on market.
💰 Price Summary
Average Sold $1,504,174
Median Sold $1,407,500
Avg List Price $1,536,765
Lowest Sale $835,000
Highest Sale $4,015,000
Sale / List Ratio 97.9%
Luxury Sold
4
Avg Luxury
$3,508,250
Luxury Share
3.8%
📊 Competition
Sold over asking 27.4%
Sold at asking 0.9%
Sold under asking 71.7%
Avg Days on Market 31 days
Fast · 050Slow · 100+
🧊 Buyers market — 71.7% sold below asking. Avg 31 days on market.
💰 Price Summary
Average Sold $1,037,860
Median Sold $1,016,500
Avg List Price $1,044,110
Lowest Sale $510,000
Highest Sale $1,613,000
Sale / List Ratio 99.4%
📊 Competition
Sold over asking 27.3%
Sold at asking 1.5%
Sold under asking 71.2%
Avg Days on Market 34 days
Fast · 050Slow · 100+
🧊 Buyers market — 71.2% sold below asking. Avg 34 days on market.
🏘
No multi-unit data for August 2025
There weren't enough multi-unit sales in
Markham this month to generate a summary.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Toronto | $1,016,394 | $810,000 | 97.1% | 35d | 🧊 Buyers |
| Richmond Hill | $1,244,090 | $1,165,000 | 98.1% | 36d | 🧊 Buyers |
| Pickering | $931,188 | $850,500 | 96.7% | 29d | 🧊 Buyers |
| Whitchurch Stouffville | $1,263,686 | $1,130,000 | 96.1% | 42d | 🧊 Buyers |
| Ajax | $899,514 | $841,500 | 98.4% | 27d | 🧊 Buyers |
| Uxbridge | $1,256,190 | $1,055,000 | 95.9% | 43d | 🧊 Buyers |
Frequently Asked Questions
Markham · August 2025
The average sold price across all residential types in Markham was $1,127,488 in August 2025,
based on 242 closed transactions. The median was
$1,065,000.
Condos averaged $685,393, freehold averaged $1,504,174, and townhouses averaged $1,037,860.
The average Markham home took 34 days to sell in August 2025.
Freehold properties averaged 31 days while condos averaged 38 days.
In August 2025, condos averaged $685,393 while freehold homes averaged $1,504,174 —
a gap of $818,781.
Markham averaged $1,127,488 in August 2025. Richmond Hill averaged $1,244,090. Toronto averaged $1,016,394. See the full August 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Markham, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
