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Community

Markville Real Estate

Markham, York

17Active
151Sold
94Leased
3Buildings
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Markville Market

Updated Aug 23, 2026
Condos
Median sale price
$728K
Median PSF (est.)▼ 14.9%
$481/sqft
Price trend
Sold last 90 days
8
Active listings
2
Months of inventory
2.0
Avg days on market
55
Sale-to-list ratio
95.52%
Absorption rate
50.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 11.11% · End-user: 88.89% (from 8 sales, 1 leases)
Price reductions (90d)
Price-reduction rate: 62.50%
Avg reduction: $36,820 (4.72%)
Monthly reduction trend
2024-10: 25.0% (4 listings) · avg $50,000
2025-06: 28.6% (7 listings) · avg $50,500
2025-07: 20.0% (5 listings) · avg $26,000
2025-08: 25.0% (4 listings) · avg $128,800
2025-10: 0.0% (5 listings)
2025-11: 50.0% (4 listings) · avg $70,000
2026-01: 33.3% (3 listings) · avg $160,000
2026-06: 66.7% (3 listings) · avg $32,500
2026-07: 33.3% (3 listings) · avg $49,000
Re-entries (past 12 months)
Re-entries: 1 of 54 sold · rate 1.85%
Avg price change: -$97,000 (-7.78%)
Median PSF (est.) vs parent area
Median PSF: $481 — -26.54% vs municipality avg ($655)[discount]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 8 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 0 active / 3 sold · mismatch -37.50%
3br: 2 active / 5 sold · mismatch +37.50%
Concession pattern by unit type (90d)
1br (4 sales) — 100.00% closed with concessions, avg 4.89% below ask
2br (20 sales) — 90.00% closed with concessions, avg 4.12% below ask
3br (30 sales) — 90.00% closed with concessions, avg 5.50% below ask
Seasonality (annual pattern)
Historically strongest months: Mar, Oct, Jul
Historically weakest months: Feb, Dec, May
Annual averages: DOM 43.5d · sale-to-list 95.52% (n=54)
Monthly detail
Jan · 4 sales · DOM 66.8d · STL 93.75%
Feb · 1 sales · DOM 74.0d · STL 92.05%
Mar · 2 sales · DOM 18.0d · STL 91.06%
Apr · 4 sales · DOM 43.5d · STL 94.08%
May · 2 sales · DOM 86.5d · STL 95.40%
Jun · 10 sales · DOM 40.5d · STL 97.02%
Jul · 8 sales · DOM 29.3d · STL 96.22%
Aug · 6 sales · DOM 36.3d · STL 94.24%
Sep · 2 sales · DOM 57.5d · STL 96.57%
Oct · 9 sales · DOM 23.6d · STL 97.03%
Nov · 4 sales · DOM 72.8d · STL 95.21%
Dec · 2 sales · DOM 74.5d · STL 94.49%
Homes
Median sale price
$1.42M
Median PSF (est.)▼ 6.6%
$588/sqft
Price trend
Sold last 90 days
18
Active listings
13
Months of inventory
2.2
Avg days on market
36
Sale-to-list ratio
100.50%
Absorption rate
46.1%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 40.00% · End-user: 60.00% (from 18 sales, 12 leases)
Price reductions (90d)
Price-reduction rate: 16.67%
Avg reduction: $136,000 (8.92%)
Monthly reduction trend
2024-08: 0.0% (3 listings)
2025-03: 0.0% (3 listings)
2025-07: 33.3% (3 listings) · avg $48,888
2025-09: 0.0% (4 listings)
2025-10: 0.0% (4 listings)
2025-11: 33.3% (3 listings) · avg $214,900
2026-03: 0.0% (4 listings)
2026-06: 14.3% (7 listings) · avg $188,000
2026-07: 25.0% (8 listings) · avg $110,000
2026-08: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $588 — -7.39% vs municipality avg ($635)[discount]
Seasonality (annual pattern)
Historically strongest months: May, Aug, Sep
Historically weakest months: Feb, Jul, Nov
Annual averages: DOM 27.3d · sale-to-list 100.50% (n=62)
Monthly detail
Jan · 3 sales · DOM 27.0d · STL 97.07%
Feb · 3 sales · DOM 43.0d · STL 94.63%
Mar · 7 sales · DOM 26.3d · STL 101.63%
Apr · 2 sales · DOM 27.5d · STL 97.78%
May · 1 sales · DOM 3.0d · STL 112.59%
Jun · 9 sales · DOM 26.9d · STL 97.56%
Jul · 11 sales · DOM 44.6d · STL 97.65%
Aug · 8 sales · DOM 9.6d · STL 109.44%
Sep · 5 sales · DOM 16.6d · STL 104.13%
Oct · 6 sales · DOM 17.5d · STL 100.08%
Nov · 3 sales · DOM 55.0d · STL 96.76%
Dec · 4 sales · DOM 19.5d · STL 99.35%
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About Markville Real Estate

Explore 17 active listings in Markville, located in Markham. Browse 3 condo buildings, compare 7 properties for sale and 10 for lease, and find your next home with detailed market data and price estimates.

Markville has seen 245 completed transactions recently, with 151 sold and 94 leased properties providing rich comparable data for accurate valuations.

Buildings in Markville

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