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Markham vs Toronto

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

MetricMarkhamToronto
Active Listings1,19810,374
Sold (12 mo)2,80423,274
Median Price$1.11M$840K
Average Price$1.17M$1.06M
Avg Days on Market32 days32 days
SP/LP Ratio99%99%
Months of Inventory4.04.6
Above Asking %26%23%
Below Asking %73%74%

Frequently Asked Questions

Is Markham or Toronto more affordable?
The median home price in Markham is $1.11M compared to $840K in Toronto. Toronto is currently the more affordable market.
Which city has faster home sales, Markham or Toronto?
Homes in Markham sell in an average of 32 days compared to 32 days in Toronto. Toronto has a faster-moving market.
Is Markham or Toronto a buyer's market?
Markham has 4.0 months of inventory and Toronto has 4.6. A market with over 6 months of inventory generally favours buyers.
Markham Market ReportToronto Market ReportAll Ontario Markets