Community

Cornell Real Estate

Markham, York

133Active
627Sold
708Leased
11Buildings
Page 1 of 4 (79 total)

Cornell Market

Updated Aug 22, 2026
Condos
Median sale price
$620K
Median PSF (est.) 14.3%
$567/sqft
Price trend
Sold last 90 days
19
Active listings
19
Months of inventory
2.4
Avg days on market
33
Sale-to-list ratio
99.61%
Absorption rate
42.1%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 59.57% · End-user: 40.43% (from 19 sales, 28 leases)
Price reductions (90d)
Price-reduction rate: 10.53%
Avg reduction: $21,000 (3.76%)
Monthly reduction trend
2024-09: 20.0% (5 listings) · avg $3,000
2024-10: 0.0% (3 listings)
2024-12: 0.0% (5 listings)
2025-01: 0.0% (4 listings)
2025-02: 0.0% (4 listings)
2025-04: 0.0% (3 listings)
2025-05: 33.3% (3 listings) · avg $30,000
2025-07: 20.0% (5 listings) · avg $50,000
2025-08: 0.0% (6 listings)
2025-09: 25.0% (4 listings) · avg $11,000
2025-10: 0.0% (3 listings)
2025-11: 33.3% (3 listings) · avg $35,000
2025-12: 25.0% (4 listings) · avg $90,010
2026-03: 33.3% (3 listings) · avg $26,000
2026-05: 0.0% (4 listings)
2026-06: 0.0% (9 listings)
2026-07: 20.0% (5 listings) · avg $20,000
2026-08: 25.0% (4 listings) · avg $22,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $567-13.45% vs municipality avg ($655)[discount]
Supply vs demand by unit type (90d)
Sample: 19 active listings · 19 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 1 sold · mismatch +0.00%
2br: 10 active / 14 sold · mismatch -21.05%
3br: 8 active / 4 sold · mismatch +21.06%
Concession pattern by unit type (90d)
1br (3 sales)66.67% closed with concessions, avg 4.43% below ask
2br (65 sales)78.46% closed with concessions, avg 3.05% below ask
3br (21 sales)61.90% closed with concessions, avg 2.25% below ask
Seasonality (annual pattern)
Historically strongest months: May, Dec, Apr
Historically weakest months: Nov, Sep, Feb
Annual averages: DOM 34.8d · sale-to-list 99.61% (n=89)
Monthly detail
Jan · 6 sales · DOM 32.0d · STL 97.80%
Feb · 5 sales · DOM 66.6d · STL 100.11%
Mar · 5 sales · DOM 36.0d · STL 97.73%
Apr · 4 sales · DOM 26.0d · STL 101.58%
May · 7 sales · DOM 24.6d · STL 97.08%
Jun · 11 sales · DOM 29.1d · STL 97.79%
Jul · 10 sales · DOM 41.9d · STL 99.28%
Aug · 12 sales · DOM 28.9d · STL 99.97%
Sep · 9 sales · DOM 44.6d · STL 102.51%
Oct · 6 sales · DOM 31.2d · STL 100.12%
Nov · 5 sales · DOM 43.6d · STL 97.24%
Dec · 9 sales · DOM 25.2d · STL 102.88%
Homes
Median sale price
$982K
Median PSF (est.) 5.1%
$578/sqft
Price trend
Sold last 90 days
56
Active listings
105
Months of inventory
3.6
Avg days on market
23
Sale-to-list ratio
101.36%
Absorption rate
27.6%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 54.47% · End-user: 45.53% (from 56 sales, 67 leases)
Price reductions (90d)
Price-reduction rate: 10.71%
Avg reduction: $85,165 (7.66%)
Monthly reduction trend
2024-08: 12.5% (8 listings) · avg $20,000
2024-09: 11.8% (17 listings) · avg $44,000
2024-10: 19.1% (21 listings) · avg $62,498
2024-11: 5.9% (17 listings) · avg $70,000
2024-12: 12.5% (16 listings) · avg $41,500
2025-01: 0.0% (17 listings)
2025-02: 29.4% (17 listings) · avg $57,203
2025-03: 11.1% (18 listings) · avg $45,090
2025-04: 5.9% (17 listings) · avg $39,100
2025-05: 7.1% (14 listings) · avg $24,000
2025-06: 18.2% (11 listings) · avg $70,000
2025-07: 5.3% (19 listings) · avg $40,000
2025-08: 0.0% (27 listings)
2025-09: 29.4% (17 listings) · avg $83,824
2025-10: 5.3% (19 listings) · avg $50,000
2025-11: 14.3% (14 listings) · avg $224,996
2025-12: 0.0% (13 listings)
2026-01: 12.5% (16 listings) · avg $40,000
2026-02: 23.1% (13 listings) · avg $75,967
2026-03: 22.2% (9 listings) · avg $76,000
2026-04: 0.0% (7 listings)
2026-05: 7.7% (13 listings) · avg $50,000
2026-06: 0.0% (12 listings)
2026-07: 10.5% (19 listings) · avg $100,490
2026-08: 15.0% (20 listings) · avg $86,671
Re-entries (past 12 months)
Re-entries: 1 of 391 sold · rate 0.26%
Avg price change: -$125,000 (-11.42%)
Median PSF (est.) vs parent area
Median PSF: $578-9.07% vs municipality avg ($635)[discount]
Seasonality (annual pattern)
Historically strongest months: Nov, Jun, Jul
Historically weakest months: Oct, Feb, Mar
Annual averages: DOM 26.9d · sale-to-list 101.36% (n=391)
Monthly detail
Jan · 33 sales · DOM 28.4d · STL 101.36%
Feb · 30 sales · DOM 37.4d · STL 99.19%
Mar · 27 sales · DOM 43.0d · STL 100.25%
Apr · 24 sales · DOM 23.0d · STL 102.87%
May · 27 sales · DOM 27.3d · STL 101.33%
Jun · 23 sales · DOM 20.8d · STL 102.76%
Jul · 38 sales · DOM 22.3d · STL 101.15%
Aug · 55 sales · DOM 23.8d · STL 101.02%
Sep · 34 sales · DOM 26.5d · STL 101.93%
Oct · 40 sales · DOM 28.5d · STL 101.21%
Nov · 31 sales · DOM 17.7d · STL 103.91%
Dec · 29 sales · DOM 27.8d · STL 100.01%
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About Cornell Real Estate

Explore 133 active listings in Cornell, located in Markham. Browse 11 condo buildings, compare 79 properties for sale and 54 for lease, and find your next home with detailed market data and price estimates.

Cornell has seen 1,335 completed transactions recently, with 627 sold and 708 leased properties providing rich comparable data for accurate valuations.

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