$5,995,000
6bed·4bath·3500-5000sf
Frontage 806.87ft·Lot 806.87 × 2424.8 ft·Garage Detached
2-Storey·Bsmt: Partially Finished·$16,984 tax
Community
Summerhill Estates Real Estate
Newmarket, York
48Active
273Sold
183Leased
Summerhill Estates Market
Updated Aug 23, 2026
Condos
Median sale price
$640K
Median PSF (est.)▼ 4.2%
$492/sqft
Sold last 90 days
1
Active listings
2
Months of inventory
–
Avg days on market
61
Sale-to-list ratio
99.04%
Absorption rate
0.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 100.00%
Avg reduction: $20,000 (2.78%)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $492 — -5.32% vs municipality avg ($520)[discount]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 1 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 0 active / 0 sold · mismatch +0.00%
3br: 2 active / 1 sold · mismatch +0.00%
Concession pattern by unit type (90d)
3br (14 sales) — 71.43% closed with concessions, avg 3.67% below ask
Seasonality (annual pattern)
Historically strongest months: Nov, Sep, Jul
Historically weakest months: Feb, May, Oct
Annual averages: DOM 30.7d · sale-to-list 99.04% (n=14)
Monthly detail
Feb · 1 sales · DOM 37.0d · STL 99.36%
Apr · 1 sales · DOM 27.0d · STL 98.35%
May · 3 sales · DOM 40.3d · STL 94.75%
Jul · 1 sales · DOM 17.0d · STL 97.09%
Sep · 2 sales · DOM 12.0d · STL 110.09%
Oct · 2 sales · DOM 57.5d · STL 98.89%
Nov · 2 sales · DOM 11.0d · STL 98.58%
Dec · 2 sales · DOM 33.5d · STL 96.16%
Homes
Median sale price
$945K
Median PSF (est.)▼ 13.4%
$502/sqft
Price trend
Sold last 90 days
26
Active listings
44
Months of inventory
4.9
Avg days on market
20
Sale-to-list ratio
100.09%
Absorption rate
20.4%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 45.83% · End-user: 54.17% (from 26 sales, 22 leases)
Price reductions (90d)
Price-reduction rate: 11.54%
Avg reduction: $81,667 (6.68%)
Monthly reduction trend
2024-08: 16.7% (6 listings) · avg $80,000
2024-09: 20.0% (5 listings) · avg $14,900
2024-10: 0.0% (5 listings)
2024-11: 5.6% (18 listings) · avg $89,000
2024-12: 0.0% (13 listings)
2025-01: 25.0% (12 listings) · avg $65,667
2025-02: 0.0% (6 listings)
2025-03: 0.0% (6 listings)
2025-04: 0.0% (6 listings)
2025-05: 0.0% (9 listings)
2025-06: 0.0% (7 listings)
2025-07: 0.0% (8 listings)
2025-08: 0.0% (11 listings)
2025-09: 0.0% (7 listings)
2025-10: 0.0% (5 listings)
2025-11: 25.0% (8 listings) · avg $37,950
2025-12: 0.0% (8 listings)
2026-01: 28.6% (7 listings) · avg $24,444
2026-02: 0.0% (3 listings)
2026-04: 14.3% (7 listings) · avg $54,000
2026-05: 9.1% (11 listings) · avg $40,000
2026-06: 0.0% (3 listings)
2026-07: 18.2% (11 listings) · avg $102,500
2026-08: 0.0% (6 listings)
Re-entries (past 12 months)
Re-entries: 2 of 189 sold · rate 1.06%
Avg price change: +$132,750 (+9.53%)
Median PSF (est.) vs parent area
Median PSF: $502 — -7.16% vs municipality avg ($541)[discount]
Seasonality (annual pattern)
Historically strongest months: Oct, Mar, May
Historically weakest months: Dec, Nov, Jan
Annual averages: DOM 22.7d · sale-to-list 100.09% (n=189)
Monthly detail
Jan · 19 sales · DOM 34.0d · STL 101.12%
Feb · 9 sales · DOM 19.6d · STL 101.23%
Mar · 7 sales · DOM 14.9d · STL 96.50%
Apr · 13 sales · DOM 24.7d · STL 100.38%
May · 20 sales · DOM 15.6d · STL 98.89%
Jun · 10 sales · DOM 18.9d · STL 97.69%
Jul · 19 sales · DOM 17.2d · STL 99.99%
Aug · 23 sales · DOM 20.0d · STL 98.43%
Sep · 12 sales · DOM 23.6d · STL 105.44%
Oct · 10 sales · DOM 13.3d · STL 103.47%
Nov · 26 sales · DOM 29.0d · STL 98.91%
Dec · 21 sales · DOM 27.8d · STL 100.66%
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About Summerhill Estates Real Estate
Explore 48 active listings in Summerhill Estates, located in Newmarket. compare 37 properties for sale and 11 for lease, and find your next home with detailed market data and price estimates.
Summerhill Estates has seen 456 completed transactions recently, with 273 sold and 183 leased properties providing rich comparable data for accurate valuations.