$1,999,000
Community
Commerce Valley Real Estate
Markham, York
96Active
350Sold
815Leased
22Buildings
Commerce Valley Market
Updated Aug 22, 2026
Condos
Median sale price
$655K
Median PSF (est.)▼ 14.7%
$674/sqft
Price trend
Sold last 90 days
35
Active listings
83
Months of inventory
6.4
Avg days on market
27
Sale-to-list ratio
98.47%
Absorption rate
15.7%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 72.87% · End-user: 27.13% (from 35 sales, 94 leases)
Price reductions (90d)
Price-reduction rate: 22.86%
Avg reduction: $26,749 (3.72%)
Monthly reduction trend
2024-08: 0.0% (7 listings)
2024-09: 37.5% (8 listings) · avg $38,833
2024-10: 18.8% (16 listings) · avg $25,667
2024-11: 8.3% (12 listings) · avg $90,900
2024-12: 20.0% (10 listings) · avg $14,550
2025-01: 0.0% (8 listings)
2025-02: 7.1% (14 listings) · avg $19,200
2025-03: 0.0% (10 listings)
2025-04: 25.0% (12 listings) · avg $28,633
2025-05: 5.9% (17 listings) · avg $15,000
2025-06: 12.5% (8 listings) · avg $41,000
2025-07: 20.0% (10 listings) · avg $23,000
2025-08: 12.5% (8 listings) · avg $30,000
2025-09: 8.3% (12 listings) · avg $30,000
2025-10: 37.5% (8 listings) · avg $31,666
2025-11: 0.0% (11 listings)
2025-12: 28.6% (14 listings) · avg $49,775
2026-01: 26.7% (15 listings) · avg $59,000
2026-02: 28.6% (7 listings) · avg $32,450
2026-03: 33.3% (6 listings) · avg $24,000
2026-04: 23.1% (13 listings) · avg $44,367
2026-05: 8.3% (12 listings) · avg $30,000
2026-06: 30.0% (10 listings) · avg $25,033
2026-07: 26.7% (15 listings) · avg $29,972
2026-08: 14.3% (7 listings) · avg $19,000
Re-entries (past 12 months)
Re-entries: 2 of 270 sold · rate 0.74%
Avg price change: +$25,000 (+4.00%)
Median PSF (est.) vs parent area
Median PSF: $674 — +2.94% vs municipality avg ($655)[premium]
Supply vs demand by unit type (90d)
Sample: 83 active listings · 35 sold (90d)
studio: 1 active / 0 sold · mismatch +1.20%
1br: 16 active / 5 sold · mismatch +4.99%
2br: 43 active / 19 sold · mismatch -2.48%
3br: 23 active / 11 sold · mismatch -3.72%
Concession pattern by unit type (90d)
1br (46 sales) — 78.26% closed with concessions, avg 4.22% below ask
2br (169 sales) — 77.51% closed with concessions, avg 3.58% below ask
3br (54 sales) — 77.78% closed with concessions, avg 4.70% below ask
Seasonality (annual pattern)
Historically strongest months: May, Aug, Jul
Historically weakest months: Mar, Jan, Apr
Annual averages: DOM 35.8d · sale-to-list 98.47% (n=270)
Monthly detail
Jan · 23 sales · DOM 42.5d · STL 96.65%
Feb · 21 sales · DOM 39.2d · STL 97.75%
Mar · 16 sales · DOM 42.4d · STL 98.63%
Apr · 25 sales · DOM 48.0d · STL 97.82%
May · 29 sales · DOM 27.7d · STL 98.70%
Jun · 18 sales · DOM 31.4d · STL 101.53%
Jul · 25 sales · DOM 29.1d · STL 96.52%
Aug · 22 sales · DOM 28.7d · STL 100.84%
Sep · 20 sales · DOM 32.8d · STL 96.96%
Oct · 24 sales · DOM 36.8d · STL 98.70%
Nov · 23 sales · DOM 34.5d · STL 99.62%
Dec · 24 sales · DOM 38.8d · STL 98.65%
Homes
Median sale price
$1.14M
Sold last 90 days
3
Active listings
3
Months of inventory
1.5
Avg days on market
9
Sale-to-list ratio
103.91%
Absorption rate
66.7%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 50.00% · End-user: 50.00% (from 3 sales, 3 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Seasonality (annual pattern)
Historically strongest months: Aug, May, Nov
Historically weakest months: Jan, Feb, Jun
Annual averages: DOM 20.7d · sale-to-list 103.91% (n=15)
Monthly detail
Jan · 1 sales · DOM 26.0d · STL 97.31%
Feb · 3 sales · DOM 30.0d · STL 99.76%
Apr · 2 sales · DOM 14.5d · STL 116.26%
May · 2 sales · DOM 11.0d · STL 117.67%
Jun · 2 sales · DOM 46.0d · STL 104.07%
Aug · 3 sales · DOM 9.0d · STL 97.76%
Oct · 1 sales · DOM 13.0d · STL 98.85%
Nov · 1 sales · DOM 11.0d · STL 94.00%
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About Commerce Valley Real Estate
Explore 96 active listings in Commerce Valley, located in Markham. Browse 22 condo buildings, compare 65 properties for sale and 31 for lease, and find your next home with detailed market data and price estimates.
Commerce Valley has seen 1,165 completed transactions recently, with 350 sold and 815 leased properties providing rich comparable data for accurate valuations.
Buildings in Commerce Valley
- 12 Ghandi12 Ghandi Lane, Markham
- 277 Souith Park277 Souith Park Road, Markham
- 38 Ghandi38 Ghandi Lane, Markham
- 48 Suncres48 Suncres Boulevard E, Markham
- Derby Tower130 Pond Drive, Markham
- Eden Park Condos253 South Park Road, Markham
- Eden Park II Condos277 South Park Road, Markham
- Eden Park II Condos325 South Park Road, Markham
- Eden Park Towers273 South Park Road, Markham
- Eden Park Towers233 South Park Road, Markham
- Edgewater at the Galleria Condos399 South Park Road, Markham
- Galleria Tower51 Saddlecreek Drive, Markham
- Liberty Tower II51 Times Avenue, Markham
- Parkview Towers39 Galleria Parkway, Markham
- Parkview Towers37 Galleria Parkway, Markham
- Pavilia Towers12 Gandhi Lane, Markham
- Pavilia Towers38 Gandhi Lane, Markham
- The Liberty Tower25 Times Avenue, Markham
- The Saddlecreek Tower135 Pond Drive, Markham
- Thornhill Towers48 Suncrest Boulevard, Markham
- Thornhill Towers62 Suncrest Boulevard, Markham
- Victoria Tower88 Times Avenue, Markham
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