Markham Real Estate Market: Your 2025 Guide for Buyers & Sellers

Markham’s June 2025 housing market presents unique opportunities and challenges. With shifting prices, rising inventory, and neighborhood-specific dynamics, here’s what you need to know to make informed decisions.

🏠 1. Is Markham a Good Place to Buy in 2025?

Yes, but with strategic considerations:

• Buyer’s market advantage: High inventory (593 active listings, up 249% YoY) gives buyers negotiating power, especially for condos and 2–4 bedroom homes 1.

• Price corrections: Average home prices fell 6% YoY to $1,299,868, creating entry points for long-term investors 111.

• Risks to note:

  • Condo oversupply: High vacancies and investor distress could pressure prices further 1.

  • Infrastructure strains: Rapid development has outpaced schools and roads, particularly in areas like Hwy 7/Warden 9.

• Long-term optimism: Immigration-driven demand and future rate cuts could fuel recovery by late 2026 1.

Verdict: Ideal for patient buyers targeting detached/luxury homes or family-friendly neighborhoods. Condo investors should proceed cautiously.

💰 2. Average Home Prices in Markham (June 2025)

Source: 111

Key trends:

• Luxury resilience: 5-bedroom homes rose 14% YoY due to limited supply 1.

• Condos struggle: 2-bedroom units plummeted 51% YoY to $670K 1.

• Regional comparison: Markham ranks as the 6th most expensive GTA city, below Oakville ($1.4M) and King ($2M) 1.

👨‍👩‍👧‍👦 3. Best Neighborhoods for Families

Family-centric communities prioritize schools, safety, and amenities:

1. Unionville: Historic charm with top schools (e.g., Unionville High), parks like Toogood Pond, and year-round events 815.

2. Berczy Village:

   • Top-ranked schools (Pierre Elliott Trudeau High)

   • Family-friendly parks (Berczy Park, Wismer Park)

   • Average detached home: $1.5M 1215.

3. Cornell: Modern infrastructure, hospitals, and community centers. Popular for townhouses (avg. $900K–$1.2M) 815.

4. Angus Glen: Golf-centric, with recreation facilities (pool, skating) and low crime rates 15.

Other notable areas: Milliken Mills (diversity, community centers) and Thornhill (parks, transit access) 8.

⏳ 4. How Long to Sell a Home in Markham?

• Overall median: 27 days (up from 19 days in 2024) 1.

• By property type:

  • Detached homes: 24 days 1.

  • Condos: 37 days (due to oversupply) 1.

• Sale-to-list price ratio: 100%, indicating minimal negotiation leverage for sellers 1.

Tips for faster sales:

• Price competitively: High inventory means buyers compare aggressively.

• Stage strategically: Highlight family-friendly features in neighborhoods like Berczy or Unionville 128.

📊 Market Outlook & Strategic Advice

• Short-term (2025): Prices may dip further, especially for condos. Leverage high inventory to negotiate deals.

• Long-term (2026+): Recovery expected with immigration and infrastructure projects 911.

• Smart moves:

  • Buyers: Target undervalued detached homes or luxury properties.

  • Sellers: Invest in staging and price 3–5% below peak 2024 rates.

  • Families: Prioritize school districts (e.g., Unionville) and upcoming zones like Cornell 815.

Markham’s blend of urban amenities, diverse housing, and community focus makes it a high-potential market for informed buyers. Stay updated with tools like HouseSigma or Zolo for real-time data 111.

Why Trust me?

With over a decade of experience dominating the Markham and Greater Toronto Area markets, I’ve earned a reputation for putting value before price and strategy before emotion, resulting in award-winning success year after year, including four consecutive industry accolades since 2021. Placing me in the ranks among the Top 1% Real Estate Agents in the GTA.

My clients trust me not just for closing deals, but for guiding them toward the best real estate choices, navigating complex decisions with ease, and avoiding costly emotional pricing traps. That’s why I proudly hold a 5.0-star rating on Google and across major platforms.

From the first consultation to the final key handover, I go above and beyond—blending sharp market insight with unmatched professionalism—to help my clients confidently step into their new homes. The result? “For Sale” signs turned into “SOLD” stickers before competitors even began to strategize.