German MillsHousing market

German Mills

German Mills Housing Market Report

Buyer's Market

All types - for the month of February

Buyer's market Seller's market

6

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

8

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

35 active

New

25(+8.70% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 17, in 2023: 12, in 2022: 14

Total Sold Listings*

6 sold

Median Sold Price

$1,306,500

Avg Days on Market

8 days

Median Bidding

-$12,000

Compared to number of sold, same period, in 2024: 14, in 2023: 15, in 2022: 24

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - German Mills - All types

Sold vs Active vs New vs Relisted - German Mills - All types

Sold Price Distribution - German Mills - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - German Mills - All types

Property type distribution based on data from the last 3 months.

Median Price - German Mills - All types

Just listed - German Mills

Unknown for 2200 John St #615, Markham Ontario L3T 7S7

2 days on market

Up to7K Cashback

2200 John St #615, Markham

Condo2+121200-1399 sq ft

Listed by KELLER WILLIAMS REALTY CENTRES

Unknown for 145 Simonston Blvd, Markham Ontario L3T 4M1

2 days on market

Up to15K Cashback

145 Simonston Blvd, Markham

Detached4+14- sq ft

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 64 Lilac Ave, Markham Ontario L3T 5K2

3 days on market

Up to13K Cashback

64 Lilac Ave, Markham

Semi-Detached441500-2000 sq ft

Listed by UNION CAPITAL REALTY

Just sold - German Mills

Home with brick exterior material, street for 21 Nottinghill Rd, Markham Ontario L3T 4Y1

Sold 4 days ago

Sold for $890,000

$91K above asking

21 Nottinghill Rd, Markham

Condo331400-1599 sq ft

Listed by RE/MAX REALTRON REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 7905 Bayview Ave #1007, Markham Ontario L3T 7N3

Sold 4 days ago

Sold for $1,023,000

$25K above asking

7905 Bayview Ave #1007, Markham

Condo2+131600-1799 sq ft

Listed by RIGHT AT HOME REALTY

Indoor foyer for 7805 Bayview Ave #904, Markham Ontario L3T 7N1

Sold 12 days ago

Sold for $749,000

7805 Bayview Ave #904, Markham

Condo2+121200-1399 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Population and Demographics

Overview

Total population 14890

Average household income $153,712

Age (%)

65 and plus

27%

50 to 64

21%

35 to 49

19%

0 to 19

18%

20 to 34

15%

Household composition (%)

Single family

78%

Single person

19%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

43%

Yue (Cantonese)

16%

Mandarin

14%

Iranian Persian

10%

Others

4%

Korean

4%

Romanian

1%

Russian

1%

House tenancy (%)

Owners

88%

Renters

12%

Top 5 Schools in German Mills

St Robert Catholic High School8101 Leslie St, L3T 7P4, Thornhill, ON

9.2/10

Public•9-12

Johnsview Village Public School41 Porterfield Cres, L3T 5C3, Thornhill, ON

8.8/10

Public•JK-8

German Mills Public School61 Simonston Blvd, L3T 4R5, Thornhill, ON

8.8/10

Public•JK-8

Willowbrook Public School45 Willowbrook Rd, L3T 4X6, Thornhill, ON

8.4/10

Public•JK-8

Thornlea Secondary School8075 Bayview Ave, L3T 4N4, Thornhill, ON

8.1/10

Public•9-12

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance