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May 2025 · Markham
Markham Sold Home Prices for May 2025
249 residential properties closed in Markham in May 2025. Average sold price of $1,194,079. 58.2% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,194,079
Median Price $1,197,500
Sale / List 101.4%
Over Asking 39.4%
Avg DOM 78 days
Total Sold
249
all residential
Avg Sold Price
$1,194,079
all types
Median Price
$1,197,500
mid-point
Sale / List
101.4%
avg ratio
Over Asking
39.4%
of all sales
Avg DOM
78
days on market
Prices by Property Type
Markham · May 2025
💰 Price Summary
Average Sold $1,194,079
Median Sold $1,197,500
Avg List Price $1,178,095
Lowest Sale $450,000
Highest Sale $3,350,000
Sale / List Ratio 101.4%
Luxury Sold
3
Avg Luxury
$2,601,667
Luxury Share
1.2%
📊 Competition
Sold over asking 39.4%
Sold at asking 2.4%
Sold under asking 58.2%
Avg Days on Market 78 days
Fast · 050Slow · 100+
🧊 Buyers market — 58.2% sold below asking. Avg 78 days on market.
💰 Price Summary
Average Sold $741,827
Median Sold $685,000
Avg List Price $739,457
Lowest Sale $450,000
Highest Sale $1,555,000
Sale / List Ratio 100.3%
Luxury Sold
1
Avg Luxury
$1,555,000
Luxury Share
1%
📊 Competition
Sold over asking 31.0%
Sold at asking 5.0%
Sold under asking 64.0%
Avg Days on Market 73 days
Fast · 050Slow · 100+
🧊 Buyers market — 64% sold below asking. Avg 73 days on market.
💰 Price Summary
Average Sold $1,643,555
Median Sold $1,485,000
Avg List Price $1,630,101
Lowest Sale $870,000
Highest Sale $3,350,000
Sale / List Ratio 100.8%
Luxury Sold
2
Avg Luxury
$3,125,000
Luxury Share
2%
📊 Competition
Sold over asking 42.0%
Sold at asking 1.0%
Sold under asking 57.0%
Avg Days on Market 83 days
Fast · 050Slow · 100+
🧊 Buyers market — 57% sold below asking. Avg 83 days on market.
💰 Price Summary
Average Sold $1,108,506
Median Sold $1,151,444
Avg List Price $1,066,696
Lowest Sale $620,000
Highest Sale $1,508,800
Sale / List Ratio 103.9%
📊 Competition
Sold over asking 48.6%
Sold at asking 1.4%
Sold under asking 50.0%
Avg Days on Market 79 days
Fast · 050Slow · 100+
🧊 Buyers market — 50% sold below asking. Avg 79 days on market.
🏘
No multi-unit data for May 2025
There weren't enough multi-unit sales in
Markham this month to generate a summary.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Toronto | $1,134,079 | $899,500 | 99.9% | 78d | 🧊 Buyers |
| Richmond Hill | $1,274,560 | $1,200,000 | 100.1% | 85d | 🧊 Buyers |
| Pickering | $911,070 | $876,550 | 99.8% | 76d | 🧊 Buyers |
| Whitchurch Stouffville | $1,286,947 | $1,155,000 | 98.6% | 84d | 🧊 Buyers |
| Ajax | $913,113 | $866,000 | 101.9% | 70d | 🔥 Sellers |
| Uxbridge | $1,225,842 | $1,144,000 | 98.0% | 88d | 🧊 Buyers |
Frequently Asked Questions
Markham · May 2025
The average sold price across all residential types in Markham was $1,194,079 in May 2025,
based on 249 closed transactions. The median was
$1,197,500.
Condos averaged $741,827, freehold averaged $1,643,555, and townhouses averaged $1,108,506.
The average Markham home took 78 days to sell in May 2025.
Freehold properties averaged 83 days while condos averaged 73 days.
In May 2025, condos averaged $741,827 while freehold homes averaged $1,643,555 —
a gap of $901,728.
Markham averaged $1,194,079 in May 2025. Uxbridge averaged $1,225,842. Toronto averaged $1,134,079. See the full May 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.
