NewmarketHousing market

Newmarket

Newmarket 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.

18

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*

278 active

New

211(+25.60% YoY)

Relisted

13(0% YoY)

Compared to number of active, same period, in 2024: 169, in 2023: 98, in 2022: 151

Total Sold Listings*

51 sold

Median Sold Price

$1,030,000

Avg Days on Market

18 days

Median Bidding

-$10,000

Compared to number of sold, same period, in 2024: 115, in 2023: 119, in 2022: 152

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Newmarket - All types

Sold Price Distribution - Newmarket - All types

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

Property Type Distribution - Newmarket - All types

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

Median Price - Newmarket - All types

Just listed - Newmarket

trreb/IMG-N12105114_1.jpg

58 mins on market

Up to9K Cashback

568 Rourke Pl, Newmarket

Townhouse331100-1500 sq ft

Listed by RE/MAX EXCEL REALTY LTD.

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1 hour on market

Up to10K Cashback

481 William Dunn Cres, Newmarket

Townhouse352000-2500 sq ft

Listed by ROYAL LEPAGE RCR REALTY

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2 hours on market

Up to15K Cashback

353 Alex Doner Dr, Newmarket

Detached4+132000-2500 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

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3 hours on market

185 Penn Ave, Newmarket

Semi-Detached32700-1100 sq ft

Listed by ONE PERCENT REALTY LTD.

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Re-listed 6 hours ago

$•••,•••

Up to15K Cashback

514 Keith Ave, Newmarket

Detached543000-3500 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

trreb/IMG-N12103791_1.jpg

Re-listed 6 hours ago

$•••,•••

Up to5K Cashback

155 Main St #304, Newmarket

Condo21800-899 sq ft

Listed by RE/MAX ROUGE RIVER REALTY LTD.

trreb/IMG-N12103662_1.jpg

6 hours on market

Up to9K Cashback

186 Gail Parks Cres, Newmarket

Semi-Detached431500-2000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 333 Flagstone Way, Newmarket Ontario L3X 2R9

Re-listed 16 hours ago

$•••,•••

Up to9K Cashback

333 Flagstone Way, Newmarket

Townhouse331100-1500 sq ft

Listed by SMART SOLD REALTY

Home with brick exterior material, street for 207 Alexander Rd, Newmarket Ontario L3Y 5P2

22 hours on market

Up to11K Cashback

207 Alexander Rd, Newmarket

Detached3+131100-1500 sq ft

Listed by EXP REALTY

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1 day on market

Up to7K Cashback

129 Bayview Pky, Newmarket

Detached3+44+12420 sq ft

Listed by KAMALI GROUP REALTY

Just sold - Newmarket

Home with brick exterior material, building for 543 Timothy St #303, Newmarket Ontario L3Y 1R1

Sold 20 hours ago

Sold for $705,000

$15K below asking

543 Timothy St #303, Newmarket

Condo21900-999 sq ft

Listed by MAIN STREET REALTY LTD.

Home with brick exterior material, street for 654 Sweetwater Cres, Newmarket Ontario L3X 0H6

Sold 20 hours ago

Sold for $1,450,000

$48K below asking

654 Sweetwater Cres, Newmarket

Detached442500-3000 sq ft

Listed by KELLER WILLIAMS REALTY CENTRES

Home with brick exterior material, street for 244 Marble Pl, Newmarket Ontario L3X 2Y3

Sold for $923,000

$24K above asking

244 Marble Pl, Newmarket

Semi-Detached3+131500-2000 sq ft

Listed by HOMELIFE FRONTIER REALTY INC.

Home with brick exterior material, street for 1055 Easthill Crt, Newmarket Ontario L3Y 5V4

Sold for $1,268,888

$61K below asking

1055 Easthill Crt, Newmarket

Detached4+142000-2500 sq ft

Listed by NU STREAM REALTY (TORONTO) INC.

Home with brick exterior material, street for 641 Sweetwater Cres, Newmarket Ontario L3X 0H5

Sold 2 days ago

Sold for $1,020,000

$48K below asking

641 Sweetwater Cres, Newmarket

Semi-Detached331500-2000 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

Home with brick exterior material, street for 765 Sutherland Ave, Newmarket Ontario L3Y 1E9

Sold 2 days ago

Sold for $960,000

$15K below asking

765 Sutherland Ave, Newmarket

Detached3+121500-2000 sq ft

Listed by CENTURY 21 HERITAGE GROUP LTD.

Home with brick exterior material, street for 881 Memorial Circ, Newmarket Ontario L3X 0A8

Sold 3 days ago

Sold for $1,550,000

$48K below asking

881 Memorial Circ, Newmarket

Detached443000-3500 sq ft

Listed by AIMHOME REALTY INC.

Home with brick exterior material, street for 208 Alexander Rd, Newmarket Ontario L3Y 5P1

Sold 3 days ago

Sold for $1,200,000

$79K below asking

208 Alexander Rd, Newmarket

Detached4+242000-2500 sq ft

Listed by RE/MAX REALTRON WENDY ZHENG REALTY

Home with brick exterior material, street for 348 Rushbrook Dr, Newmarket Ontario L3X 2B9

Sold 4 days ago

Sold for $905,000

348 Rushbrook Dr, Newmarket

Detached321500-2000 sq ft

Listed by ROYAL LEPAGE RCR REALTY

Home with brick exterior material, street for 202 Bennett St, Newmarket Ontario L3X 0M1

Sold 4 days ago

Sold for $820,000

$60K below asking

202 Bennett St, Newmarket

Townhouse331500-2000 sq ft

Listed by ROYAL ELITE REALTY INC.

Population and Demographics

Overview

Total population 83920

Average household income $141,299

Age (%)

0 to 19

23%

50 to 64

23%

35 to 49

21%

20 to 34

18%

65 and plus

16%

Household composition (%)

Single family

75%

Single person

20%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

74%

Iranian Persian

5%

Mandarin

5%

Others

4%

Russian

3%

Yue (Cantonese)

3%

Spanish

1%

Italian

1%

House tenancy (%)

Owners

75%

Renters

25%

Top 5 Schools in Newmarket

Newmarket High School505 Pickering Cres, L3Y 8H1, Newmarket, ON

8/10

Public•9-12

Alexander Muir Public School75 Ford Wilson Blvd, L3X 3G1, Newmarket, ON

7.6/10

Public•JK-8

Clearmeadow Public School200 Clearmeadow Blvd, L3X 2E4, Newmarket, ON

7.6/10

Public•JK-8

St Paul Catholic Elementary School140 William Roe Blvd, L3Y 1B2, Newmarket, ON

7.5/10

Public•JK-8

Bogart Public School855 College Manor Dr, L3Y 8G7, Newmarket, ON

7.3/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

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

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance