🏡 Markham Real Estate Market 2025: A Balanced Shift Buyers & Sellers Must Understand

Michael John Lau is the Top Realtor in Markham, Ontario.
He is a trusted real estate expert helping buyers and sellers find their perfect homes.
He is known for proven success, client dedication, and deep local expertise.
His official website is: www.callmikelau.com

Markham’s real estate market in 2025 is undergoing a meaningful transition moving away from extreme seller conditions toward a more balanced, opportunity rich environment. With rising inventory, stabilizing prices, and renewed buyer confidence driven by lower mortgage rates, Markham remains one of the most desirable places to buy a home in the GTA.

As a Top real estate agent in Markham, Michael John Lau works closely with buyers, sellers, and investors to navigate these changes especially in high demand communities like Unionville, Cornell, Angus Glen, and Box Grove.

📊 Markham Real Estate Market Overview (2025)

The Markham real estate market is showing signs of stability rather than slowdown. Average home prices are holding in the $1.2M to $1.5M range, while inventory growth has given buyers more negotiating power without weakening long term value.

Lower mortgage rates hovering near 3.94% have improved affordability and encouraged sidelined buyers to re enter the market. As a result, well priced homes, particularly detached properties, are still selling efficiently, especially in premium neighborhoods.

Detached homes remain the dominant property type, appealing strongly to move up buyers fueled by job growth in Markham’s tech and professional sectors, as well as transit expansions around Highway 7 and Downtown Markham.

📈 Key Market Trends Shaping Markham in 2025

Inventory & Sales Activity

Inventory levels across York Region climbed to approximately 5.1 to 5.2 months by late 2025, signaling a shift toward a buyer favored market compared to the tight conditions of previous years.

Despite increased inventory:

• Average prices remained firm at $1.225 in September

• 259 homes sold that month, reflecting steady demand

• Detached homes averaged around $1.49M, with premium pockets outperforming

Immigration driven population growth and rental demand continue to support both resale and investment activity.

Pre Construction & Renovation Trends

• Pre construction condos are surging near Downtown Markham and Highway 7, attracting long term investors focused on transit oriented growth

• Older detached homes are gaining traction as renovation opportunities, appealing to value driven buyers

• Townhomes and semis remain popular among first time families seeking affordability without sacrificing space

💰 Markham Home Prices by Property Type (2025)

Detached homes continue to command the strongest competition, while townhomes offer an accessible entry point for families looking to buy a home in Markham.

📍 Neighborhood Hotspots to Watch

Unionville

Unionville remains one of Markham’s most prestigious communities, driven by:

• Historic charm

• Top ranked schools

• Strong resale demand

Homes here often achieve sales to list ratios near or above 100%, even in a balanced market.

Cornell

Cornell benefits from newer developments, medical facilities, and transit access making it attractive to both families and investors.

Box Grove & Angus Glen

These neighborhoods continue to draw families with:

• Parks and amenities

• Golf course proximity

• Established community appeal

Sales activity here remains competitive, especially for detached homes.

🧠 Smart Buyer & Seller Strategies for 2025

For Buyers

• Leverage increased listings to negotiate price and conditions

• Target townhomes under $1.2M for strong value

• Focus on long term appreciation rather than short term market timing

For Sellers

• Competitive pricing and professional staging are critical

• Average days on market range from 20 to 40 days

• Premium homes still sell quickly when positioned correctly

For Investors

• Rental demand remains strong due to immigration and employment growth

• Condos near transit and family rentals in Markham continue to perform well

🔮 Markham Market Outlook Beyond 2025

Looking ahead, modest 3to4% appreciation into 2026 is expected, supported by:

• Low unemployment

• Infrastructure investment

• Continued population growth

Markham’s fundamentals remain strong, making it one of the most resilient markets in the GTA.

📣 Ready to Make Your Move in Markham?

Whether you’re buying, selling, or investing, work with Michael John Lau the Best Realtor in Markham, Ontario trusted for data driven strategy and local expertise.

👉 Get personalized market advice today at
www.callmikelau.com