$2,099,990
Community
German Mills Real Estate
Markham, York
16Active
101Sold
29Leased
2Buildings
German Mills Market
Updated Aug 23, 2026
Condos
Median sale price
$553K
Median PSF (est.)▼ 11.8%
$487/sqft
Sold last 90 days
2
Active listings
3
Months of inventory
1.5
Avg days on market
37
Sale-to-list ratio
100.74%
Absorption rate
66.7%
Market Insights
Price reductions (90d)
Price-reduction rate: 50.00%
Avg reduction: $99,000 (21.57%)
Monthly reduction trend
2024-11: 0.0% (4 listings)
2025-03: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 1 of 25 sold · rate 4.00%
Avg price change: +$0 (+0.00%)
Median PSF (est.) vs parent area
Median PSF: $487 — -25.66% vs municipality avg ($655)[discount]
Supply vs demand by unit type (90d)
Sample: 3 active listings · 2 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 1 sold · mismatch -50.00%
2br: 1 active / 0 sold · mismatch +33.33%
3br: 2 active / 1 sold · mismatch +16.67%
Concession pattern by unit type (90d)
1br (3 sales) — 66.67% closed with concessions, avg 1.70% below ask
2br (3 sales) — 66.67% closed with concessions, avg 2.89% below ask
3br (19 sales) — 47.37% closed with concessions, avg 4.43% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Dec, May
Historically weakest months: Nov, Oct, Jul
Annual averages: DOM 21.6d · sale-to-list 100.74% (n=25)
Monthly detail
Jan · 3 sales · DOM 14.7d · STL 98.16%
Mar · 5 sales · DOM 20.0d · STL 102.33%
Apr · 2 sales · DOM 3.5d · STL 102.68%
May · 1 sales · DOM 10.0d · STL 97.25%
Jun · 1 sales · DOM 12.0d · STL 111.39%
Jul · 2 sales · DOM 57.0d · STL 97.18%
Aug · 4 sales · DOM 23.0d · STL 103.00%
Sep · 1 sales · DOM 20.0d · STL 99.07%
Oct · 1 sales · DOM 39.0d · STL 102.41%
Nov · 4 sales · DOM 23.3d · STL 96.61%
Dec · 1 sales · DOM 8.0d · STL 104.00%
Homes
Median sale price
$1.18M
Median PSF (est.)▼ 20.3%
$689/sqft
Price trend
Sold last 90 days
13
Active listings
10
Months of inventory
3.3
Avg days on market
20
Sale-to-list ratio
98.73%
Absorption rate
30.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 13.33% · End-user: 86.67% (from 13 sales, 2 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2024-09: 0.0% (3 listings)
2024-11: 0.0% (3 listings)
2025-07: 0.0% (4 listings)
2025-08: 0.0% (3 listings)
2025-09: 0.0% (4 listings)
2025-10: 0.0% (4 listings)
2026-03: 0.0% (3 listings)
2026-05: 20.0% (5 listings) · avg $169,999
2026-06: 0.0% (4 listings)
2026-07: 0.0% (6 listings)
Re-entries (past 12 months)
Re-entries: 1 of 56 sold · rate 1.79%
Avg price change: +$400,000 (+40.82%)
Median PSF (est.) vs parent area
Median PSF: $689 — +8.41% vs municipality avg ($635)[premium]
Seasonality (annual pattern)
Historically strongest months: Jan, Oct, Jul
Historically weakest months: Apr, May, Dec
Annual averages: DOM 22.8d · sale-to-list 98.73% (n=56)
Monthly detail
Jan · 1 sales · DOM 3.0d · STL 116.76%
Feb · 2 sales · DOM 21.0d · STL 101.12%
Mar · 3 sales · DOM 31.0d · STL 95.94%
Apr · 2 sales · DOM 38.0d · STL 96.79%
May · 7 sales · DOM 40.1d · STL 96.54%
Jun · 5 sales · DOM 20.4d · STL 100.45%
Jul · 10 sales · DOM 14.2d · STL 101.35%
Aug · 7 sales · DOM 17.4d · STL 101.74%
Sep · 7 sales · DOM 17.0d · STL 94.92%
Oct · 6 sales · DOM 10.5d · STL 97.61%
Nov · 4 sales · DOM 26.0d · STL 96.09%
Dec · 2 sales · DOM 65.0d · STL 95.08%
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About German Mills Real Estate
Explore 16 active listings in German Mills, located in Markham. Browse 2 condo buildings, compare 11 properties for sale and 5 for lease, and find your next home with detailed market data and price estimates.
German Mills has seen 130 completed transactions recently, with 101 sold and 29 leased properties providing rich comparable data for accurate valuations.
Buildings in German Mills
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