German MillsHousing market

German Mills

German Mills Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI 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 MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

23

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*

37 active

New

21(-8.70% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 18, in 2023: 12, in 2022: 24

Total Sold Listings*

7 sold

Median Sold Price

$890,000

Avg Days on Market

23 days

Median Bidding

$25,000

Compared to number of sold, same period, in 2024: 20, in 2023: 12, in 2022: 32

*Data is for the month of March

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

Indoor entryway for 7825 Bayview Ave #901, Markham Ontario L3T 7N2

2 days on market

Up to7K Cashback

7825 Bayview Ave #901, Markham

Condo2+121200-1399 sq ft

Listed by RIGHT AT HOME REALTY

Blurry image for 7805 Bayview Ave #1209, Markham Ontario L3T 7N1

2 days on market

Up to6K Cashback

7805 Bayview Ave #1209, Markham

Condo221000-1199 sq ft

Listed by HARBOUR KEVIN LIN HOMES

Unknown for 316 John St #118, Markham Ontario L3T 0A7

3 days on market

Up to6K Cashback

316 John St #118, Markham

Condo11600-699 sq ft

Listed by RIGHT AT HOME REALTY INVESTMENTS GROUP

Just sold - German Mills

Home with brick exterior material, street for 30 Glendale Rd, Markham Ontario L3T 6Y2

Sold for $1,600,000

$50K below asking

30 Glendale Rd, Markham

Detached4+243000-3500 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 312 John St #355, Markham Ontario L3T 0A7

Sold 8 days ago

Sold for $692,000

$17K below asking

312 John St #355, Markham

Condo2+121000-1199 sq ft

Listed by SUPERSTARS REALTY LTD.

Unknown for 145 Simonston Blvd, Markham Ontario L3T 4M1

Sold 9 days ago

Sold for $1,650,000

$150K above asking

145 Simonston Blvd, Markham

Detached4+14< 700 sq ft

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

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