Markham MLS® Sold Data

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About Markham Real Estate

Markham is a city located just 30 kms northeast of downtown Toronto. It has the largest population in York Region, and the fourth largest in the Greater Toronto Area (GTA). You only have to spend a few minutes here to understand why people are drawn to the area. Markham has a number of beautiful historic and heritage houses, some as old as the early 1800’s, that have been turned into businesses or are still being used as homes. If you’ve ever wanted to own a little piece of history, there are still a selection of these homes available to buy. If you’re looking for something a little newer, Markham has a variety of brand new and newly built single-family houses, condos, and townhouses.

What You Need to Know Before Buying Real Estate in Markham

When buying real estate in Markham, you will be able to enjoy a diverse list of amenities that the city offers. Theatres, museums, shopping, restaurants, bars, as well as an assortment of parks, conservation areas and farmers markets are just some of the activities to enjoy in Markham. The demographic of people who live in Markham is varied. Families, working professionals, couples, retirees, and investors are all drawn to this serene city landscape. Because of all its amazing qualities, real estate in Markham is highly in demand, as property owners look to still feel like a part of a vivacious city, but also want the relaxation that being surrounded by green spaces can offer. Properties in Markham hold their value very well, and property values typically rise across the city over time.

Markham Real Estate Statistics

Markham real estate average sold price in the last 30 days (January 21 - February 19) was $1,251,768, which is $22,605 (1.8%) higher than the average price of $1,229,163 in the previous 30 day period (December 22 - January 20), and $64,299 (5.1%) down from the same period 1 year ago ($1,316,067). Markham real estate prices over the last 30 days are also $1,961 (0.2%) lower than the average selling price of $1,253,729 over the past year.
Markham average sold price for homes was $1,583,911 in the last 30 days (January 21 - February 19), which is $19,579 (1.2%) up from the average home price of $1,564,332 in the previous 30 day period (December 22 - January 20), and $115,513 (7.3%) lower than the same period 1 year ago ($1,699,424). In the last 30 days Markham the average home price was $30,383 (1.9%) lower than the average selling price of $1,614,294 over the last 12 months.
Average Markham condo sold price over the last 30 days (January 21 - February 19) was $687,180. During this period it was $41,076 (6.0%) down from the average price of condo of $728,256 during the previous 30 days (December 22 - January 20), and $35,278 (5.1%) lower compared to the same period 1 year ago ($722,458). In the last 30 days Markham the average condo price was $31,606 (4.6%) lower than the average selling price of $718,786 over the last year.
Average sold price of Markham townhouse was $1,090,178 in the last 30 days (January 21 - February 19), down $9,845 (0.9%) from the average townhome price of $1,100,023 over the previous 30 days (December 22 - January 20), and $73,256 (6.7%) lower than during to the same period 1 year ago ($1,163,434). Over the last 30 days the average townhouse price in Markham was $18,218 (1.7%) lower compared to the average selling price of $1,108,396 over the last 12 months.
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