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Markham vs Oakville

Side-by-side real estate market comparison, Ontario, Canada

MetricMarkhamOakville
Active Listings1,1981,269
Sold (12 mo)2,8042,472
Median Price$1.11M$1.24M
Average Price$1.17M$1.42M
Avg Days on Market32 days35 days
SP/LP Ratio99%97%
Months of Inventory4.04.4
Above Asking %26%12%
Below Asking %73%86%

Frequently Asked Questions

Is Markham or Oakville more affordable?
The median home price in Markham is $1.11M compared to $1.24M in Oakville. Markham is currently the more affordable market.
Which city has faster home sales, Markham or Oakville?
Homes in Markham sell in an average of 32 days compared to 35 days in Oakville. Markham has a faster-moving market.
Is Markham or Oakville a buyer's market?
Markham has 4.0 months of inventory and Oakville has 4.4. A market with over 6 months of inventory generally favours buyers.