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May 2025 · Newmarket
Newmarket Sold Home Prices for May 2025
69 residential properties closed in Newmarket in May 2025. Average sold price of $1,109,773. 68.1% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,109,773
Median Price $1,072,000
Sale / List 98.2%
Over Asking 24.6%
Avg DOM 88 days
Total Sold
69
all residential
Avg Sold Price
$1,109,773
all types
Median Price
$1,072,000
mid-point
Sale / List
98.2%
avg ratio
Over Asking
24.6%
of all sales
Avg DOM
88
days on market
Prices by Property Type
Newmarket · May 2025
💰 Price Summary
Average Sold $1,109,773
Median Sold $1,072,000
Avg List Price $1,130,520
Lowest Sale $500,000
Highest Sale $2,550,000
Sale / List Ratio 98.2%
📊 Competition
Sold over asking 24.6%
Sold at asking 7.2%
Sold under asking 68.1%
Avg Days on Market 88 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.1% sold below asking. Avg 88 days on market.
💰 Price Summary
Average Sold $698,136
Median Sold $717,500
Avg List Price $691,527
Lowest Sale $500,000
Highest Sale $930,000
Sale / List Ratio 101.0%
📊 Competition
Sold over asking 36.4%
Sold at asking 0.0%
Sold under asking 63.6%
Avg Days on Market 82 days
Fast · 050Slow · 100+
🧊 Buyers market — 63.6% sold below asking. Avg 82 days on market.
💰 Price Summary
Average Sold $1,236,356
Median Sold $1,200,000
Avg List Price $1,265,888
Lowest Sale $715,000
Highest Sale $2,550,000
Sale / List Ratio 97.7%
📊 Competition
Sold over asking 24.0%
Sold at asking 6.0%
Sold under asking 70.0%
Avg Days on Market 94 days
Fast · 050Slow · 100+
🧊 Buyers market — 70% sold below asking. Avg 94 days on market.
💰 Price Summary
Average Sold $841,893
Median Sold $835,000
Avg List Price $838,756
Lowest Sale $717,500
Highest Sale $979,500
Sale / List Ratio 100.4%
📊 Competition
Sold over asking 21.4%
Sold at asking 14.3%
Sold under asking 64.3%
Avg Days on Market 67 days
Fast · 050Slow · 100+
🧊 Buyers market — 64.3% sold below asking. Avg 67 days on market.
🏘
No multi-unit data for May 2025
There weren't enough multi-unit sales in
Newmarket 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 |
|---|---|---|---|---|---|
| Aurora | $1,335,294 | $1,100,000 | 100.5% | 91d | 🧊 Buyers |
| East Gwillimbury | $1,277,694 | $1,267,500 | 98.9% | 86d | 🧊 Buyers |
| Bradford West Gwillimbury | $973,639 | $895,000 | 100.6% | 90d | 🧊 Buyers |
| Richmond Hill | $1,274,560 | $1,200,000 | 100.1% | 85d | 🧊 Buyers |
| Georgina | $848,618 | $814,000 | 97.8% | 91d | 🧊 Buyers |
Frequently Asked Questions
Newmarket · May 2025
The average sold price across all residential types in Newmarket was $1,109,773 in May 2025,
based on 69 closed transactions. The median was
$1,072,000.
Condos averaged $698,136, freehold averaged $1,236,356, and townhouses averaged $841,893.
The average Newmarket home took 88 days to sell in May 2025.
Freehold properties averaged 94 days while condos averaged 82 days.
In May 2025, condos averaged $698,136 while freehold homes averaged $1,236,356 —
a gap of $538,220.
Newmarket averaged $1,109,773 in May 2025. Richmond Hill averaged $1,274,560. Bradford West Gwillimbury averaged $973,639. See the full May 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Newmarket, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
