Markham: November 2025 Real Estate Market Report
Markham Real Estate Market Update – November 2025
In November 2025, Markham's real estate market was stable, with the sale of 219 homes resulting in a dollar volume in excess of $251.8 million. The City of Markham is recognized for its excellent planning for communities, top-rated schools, and proximity to Toronto. The city continues to draw families, working professionals, and long-term investors because of these features.
November 2025 Market Highlights
| Property Type | Sales | Dollar Volume | Average Price | Median Price | New Listings | Active Listings |
|---|---|---|---|---|---|---|
| All Types | 219 | $251,826,618 | $1,149,893 | $1,100,000 | 514 | 1,036 |
| Detached Homes | 89 | $142,004,942 | $1,595,561 | $1,500,000 | 216 | 423 |
| Semi-Detached Homes | 13 | $13,900,000 | $1,069,231 | $1,050,000 | 24 | 42 |
| Townhomes | 35 | $38,287,988 | $1,093,943 | $1,085,000 | 75 | 149 |
| Condo Apartments | 59 | $36,815,388 | $623,990 | $598,000 | 142 | 319 |
- Detached homes in Markham led the market in November 2025 with 89 sales and an average price of $1,595,561, reflecting strong demand for family-oriented neighborhoods.
- Semi-detached homes recorded 13 sales with an average price of $1,069,231, offering a balanced option between affordability and space.
- Townhomes saw 35 sales at an average price of $1,093,943, making them popular among growing families and move-up buyers.
- Condo apartments remained a key entry point for buyers, with 59 sales and an average price of $623,990, appealing to first-time buyers and investors.
Explore Pre-Construction in Markham
Looking ahead? Explore a range of pre-construction homes in Markham, including new condo developments, modern townhomes, and detached residences designed for long-term growth and lifestyle living.
Final Thoughts
The Markham real estate market in November 2025 reflected balanced conditions with healthy buyer interest. Detached homes continue to command the highest values, while townhomes and condos provide accessible options across different budgets. Markham remains one of the GTA’s most desirable and resilient housing markets.
Sources:
- https://trreb.ca/wp-content/files/market-stats/market-watch/mw2511.pdf
- https://trreb.ca/market-watch-archive/
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