Rural MarkhamHousing market

Rural Markham

Rural Markham Housing Market Report

Strong Seller's Market

All types - for the month of February

Buyer's market Seller's market

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 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

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*

9 active

New

2(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 3, in 2022: 3

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 0, in 2023: 0, in 2022: 0

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Rural Markham - All types

Sold vs Active vs New vs Relisted - Rural Markham - All types

Sold Price Distribution - Rural Markham - All types

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

Property Type Distribution - Rural Markham - All types

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

Median Price - Rural Markham - All types

Just listed - Rural Markham

Indoor entryway for 63 GREENRIDGE Cres, Markham Ontario L6C 3M1

5 days on market

Up to17K Cashback

63 GREENRIDGE Cres, Markham

Detached432500-3000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Living room with furniture, unknown for 36 Azure Dr, Markham Ontario L6C 3M4

13 days on market

Up to13K Cashback

36 Azure Dr, Markham

Townhouse331500-2000 sq ft

Listed by RE/MAX PROHOME REALTY

Home with brick exterior material, street for 187 Berczy Green Dr, Markham Ontario L6C 1N3

19 days on market

Up to14K Cashback

187 Berczy Green Dr, Markham

Townhouse441500-2000 sq ft

Listed by BAY STREET GROUP INC.

Just sold - Rural Markham

Home with brick exterior material for 5992 19th Ave, Markham Ontario L3P 3J3

Sold 123 days ago

Sold for $1,410,000

$90K below asking

5992 19th Ave, Markham

Detached32- sq ft

Listed by KELLER WILLIAMS REALTY CENTRES

trreb/IMG-N9368604_1.jpg

Sold 180 days ago

Sold for $4,380,000

$80K above asking

11651 Warden Ave, Markham

Detached312500-3000 sq ft

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

trreb/IMG-N8304322_1.jpg

Sold 245 days ago

Sold for $5,000,000

$389K below asking

4315 19th Ave, Markham

Detached43- sq ft

Listed by GALLO REAL ESTATE LTD.

Population and Demographics

Overview

Total population 13535

Average household income $143,259

Age (%)

0 to 19

28%

35 to 49

25%

50 to 64

18%

20 to 34

17%

65 and plus

12%

Household composition (%)

Single family

85%

Single person

11%

Multi person

3%

Multi family

2%

Mother tongue (%)

English

40%

Yue (Cantonese)

26%

Mandarin

13%

Tamil

5%

Others

3%

Urdu

2%

Tagalog (Pilipino, Filipino)

2%

Gujarati

1%

House tenancy (%)

Owners

84%

Renters

16%

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance