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Martin MacFarlane: Markham Real Estate Agent | Homes For Sale

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Markham House Prices By Neighbourhood

January 22, 2015 By Martin MacFarlane Leave a Comment

*Updated January, 2019*

How has your neighbourhood stacked up against the rest of Markham and Stouffville in recent years?

Below, you’ll find the average sold prices for detached homes, semi-detached, townhomes, condo apartments and condo townhouses in Markham and Stouffville, broken down by neighbourhood.  You’ll also find the percentage change from year to year as well as a cumulative total to help you spot the trends.  If you’d like to know how the neighbourhoods in Markham are divided, click the neighbourhood page.

It’s important to notice that some of the house types are not prevalent in certain neighbourhoods and some neighbourhoods don’t have a high sales volume for certain house types and have been marked accordingly.  Sales averages in these categories tend to be a little more volatile.

For reference, the average house price in 2018 for the city of Markham as a whole, was $913,105 which is an average increase of 66% since 2011 and a decline of 14.6% from 2017.

Certain neighbourhoods are naturally more expensive than others based on certain factors including:

Size (Square Feet)

The size of the home is one of the most important factors that will determine its value.  With all things being equal, a 3000 sq.ft. home will always be worth more than a 2000 sq.ft home.  In Markham, the neighbourhoods with the largest homes, for the most part are Cachet, Cachet Woods, Jenning’s Gate Estates, Angus Glen, Rouge River Estates & Unionville.

Lot Size

The property that a home sits on is another huge factor when examining the price of a house.  More land equals more money.  Simple as that.  In Markham, as well as in most municipalities, the larger lots tend to belong to the more mature neighbourhoods such as Bullock, Old Markham, Markham Village, Sherwood Estates, Unionville and of course Cachet and Jenning’s Gate which are full of estate properties.

Schools

School rankings also play a major role on house prices in any given neighbourhood.  If you take a look at the latest school rankings in Markham for both elementary schools and secondary schools you’ll notice many correlations between the neighbourhoods with top ranked schools and the average house prices in those locations.  Berczy Village and Angus Glen are prime examples of neighbourhoods that contain many of the “top” ranked schools but there are plenty of great schools to go around.

Location

You’ve heard it a million times before but I’ll say it again: Location, location location!  While the previous factors are extremely important, this one might trump them all.  Certain areas are simply more desirable than others and buyers are simply willing to pay more to live in a certain neighbourhood.  Much of the time that will come down to school districts but also include easy access to highways, public transportation, proximity to local shops, restaurants and parks, etc.. Some buyers might also choose a location based on a perceived status or lifestyle they might associate with living in that neighbourhood.

There are, of course, many other factors that might contribute to house prices and you can read a few of them from an older post called How to Choose A Neighbourhood In Markham

Anyhow…..here are the stats!

Neighbourhood 2011 2012 Yr/Yr % 2013 Yr/Yr % 2014 Yr/Yr % 2015 Yr/Yr % 2016 Yr/Yr % 2017 Yr/Yr % 2018 Yr/Yr % Total % Change (2011-2018)
ANGUS GLEN
Detached $1,145,557 $1,139,694 -0.51% $1,186,283 4.09% $1,507,978 27.12% $1,469,158 -2.57% $2,000,653 36.18% $2,207,714 10.35% $1,671,770 -24.28% 45.94%
Townhouses $564,155 $614,631 8.95% $631,851 2.80% $715,152 13.18% $808,863 13.10% $1,010,760 24.96% $956,700 -5.35% $985,313 2.99% 74.65%
BERCZY VILLAGE
Detached $649,500 $697,879 7.45% $742,147 6.34% $871,829 17.47% $1,030,103 18.15% $1,297,653 25.97% $1,467,891 13.12% $1,291,373 -12.03% 98.83%
Semi-Detached $462,195 $501,362 8.47% $521,550 4.03% $585,325 12.23% $745,265 27.32% $889,177 19.31% $1,050,947 18.19% $923,141 -12.16% 99.73%
Townhouses $430,370 $467,830 8.70% $481,851 3.00% $548,080 13.74% $639,740 16.72% $767,498 19.97% $910,692 18.66% $818,435 -10.13% 90.17%
BOX GROVE
Detached $644,414 $698,133 8.34% $706,055 1.13% $826,308 17.03% $878,928 6.37% $1,098,622 25.00% $1,322,899 20.41% $1,184,481 -10.46% 83.81%
Semi-Detached (Low sales volume) $436,875 $470,310 7.65% $505,727 7.53% $562,842 11.29% $635,691 12.94% $744,857 17.17% $871,500 17.00% $783,175 -10.13% 79.27%
Townhouses (Low sales volume) $420,663 $442,910 5.29% $455,648 2.88% $515,053 13.04% $581,289 12.86% $674,564 16.05% $767,025 13.71% $733,227 -4.41% 74.30%
BULLOCK
Detached $560,730 $615,505 9.77% $636,202 3.36% $747,080 17.43% $874,506 17.06% $1,267,419 44.93% $1,386,042 9.36% $1,108,041 -20.06% 97.61%
Semi-Detached (Low sales volume) $385,250 $434,589 12.81% $458,410 5.48% $511,000 11.47% $650,350 27.27% $725,633 11.58% $821,900 13.27% $680,000 -17.26% 76.51%
Condo Townhouses (Low sales volume) $298,800 $323,333 8.21% $350,700 8.46% $383,800 9.44% $414,475 7.99% $477,333 15.17% $555,000 16.27% $538,875 -2.91% 80.35%
BUTTONVILLE
Detached $769,343 $855,941 11.26% $890,797 4.07% $982,723 10.32% $1,168,207 18.87% $1,447,097 23.87% $1,719,373 18.82% $1,489,578 -13.37% 93.62%
Condo Townhouses $447,471 $483,013 7.94% $479,518 -0.72% $511,212 6.61% $584,563 14.35% $765,000 30.87% $829,686 8.46% $782,400 -5.70% 74.85%
CACHET WOODS
Detached $919,773 $1,077,195 17.12% $1,090,481 1.23% $1,274,863 16.91% $1,533,684 20.30% $1,809,769 18.00% $2,050,223 13.29% $1,694,888 -17.33% 84.27%
Semi-Detached (Low sales volume) $509,039 $553,790 8.79% $596,942 7.79% $654,009 9.56% $707,599 8.19% $866,861 22.51% $1,139,143 31.41% $931,833 -18.20% 83.06%
Townhouses $454,609 $504,473 10.97% $507,395 0.58% $582,861 14.87% $667,139 14.46% $752,456 12.79% $966,857 28.49% $971,115 0.44% 113.62%
CATHEDRALTOWN
Detached $791,118 $820,941 3.77% $853,727 3.99% $938,644 9.95% $1,168,414 24.48% $1,391,081 19.06% $1,631,138 17.26% $1,436,250 -11.95% 81.55%
Semi-Detached $563,055 609,693 8.28% $639,499 4.89% $670,335 4.82% $775,530 15.69% $947,611 22.19% $1,169,444 23.41% $1,009,099 -13.71% 79.22%
Townhouses $553,952 $596,191 7.63% $589,116 -1.19% $642,355 9.04% $729,730 13.60% $867,413 18.87% $1,033,874 19.19% $912,343 -11.75% 64.70%
CEDARWOOD
Detached $589,730 $611,626 3.71% $663,588 8.50% $786,850 18.58% $875,052 11.21% $1,282,031 46.51% $1,337,856 4.35% $1,119,400 -16.33% 89.82%
Semi-Detached $426,936 $467,505 9.50% $488,400 4.47% $553,740 13.38% $621,034 12.15% $707,892 13.99% $851,844 20.34% $780,850 -8.33% 82.90%
Townhouses (Low sales volume) $389,980 $410,250 5.20% $435,533 6.16% $519,500 19.28% $561,929 8.17% $701,526 24.84% $767,750 9.44% $675,000 -12.08% 73.09%
CORNELL
Detached $528,879 $576,638 9.03% $601,794 4.36% $676,094 12.35% $785,098 16.12% $969,314 23.46% $1,126,395 16.21% $963,857 -14.43% 82.25%
Semi-Detached $415,613 $450,682 8.44% $466,295 3.46% $533,664 14.45% $618,366 15.87% $747,745 20.92% $850,985 13.81% $759,331 -10.77% 82.70%
Townhouses $384,334 $421,497 9.67% $451,457 7.11% $506,733 12.24% $582,839 15.02% $683,977 17.35% $799,915 16.95% $738,273 -7.71% 92.09%
Condo Apartments (Low sales volume) $238,283 $242,625 1.82% $257,064 5.95% $273,300 6.32% $282,120 3.23% $336,201 19.17% $458,686 36.43% $444,358 -3.12% 86.48%
CACHET - DEVIL’S ELBOW
Detached $1,404,244 $2,340,440 66.67% $2,221,550 -5.08% $2,114,750 -4.81% $2,701,857 27.76% $3,377,331 25.00% $4,130,769 22.31% $3,391,861 -17.89% 141.54%
GREENSBOROUGH
Detached $555,316 $630,197 13.48% $636,785 1.05% $720,288 13.11% $826,044 14.68% $1,007,939 22.02% $1,209,730 20.02% $1,019,864 -15.69% 83.65%
Semi-Detached $425,397 $461,782 8.55% $478,348 3.59% $541,820 13.27% $621,385 14.68% $735,169 18.31% $807,450 9.83% $767,167 -4.99% 80.34%
Townhouses $407,449 $433,146 6.31% $466,983 7.81% $510,186 9.25% $602,785 18.15% $696,416 15.53% $779,367 11.91% $742,294 -4.76% 82.18%
Condo Townhouses $344,151.00 $368,419 7.05% $403,025 9.39% $422,445 4.82% $482,372 14.19% $569,768 18.12% $670,648 17.71% $653,836 -2.51% 89.99%
LEGACY
Detached $613,578 $690,496 12.54% $657,297 -4.81% $757,144 15.19% $830,996 9.75% $1,078,892 29.83% $1,209,939 12.15% $1,126,725 -6.88% 83.63%
MARKHAM VILLAGE
Detached $572,362 $626,683 9.49% $656,287 4.72% $730,342 11.28% $814,056 11.46% $1,049,475 28.92% $1,210,823 15.37% $1,011,149 -16.49% 76.66%
Semi-Detached (Low sales volume) $375,675 $486,500 29.50% $424,929 -12.66% $483,756 13.84% $589,217 21.80% $601,231 2.04% $733,250 21.96% $670,000 -8.63% 78.35%
Condo Townhouses $334,980 $360,843 7.72% $364,875 1.12% $403,929 10.70% $441,211 9.23% $554,960 25.78% $597,375 7.64% $611,500 2.36% 82.55%
MARKVILLE
Detached $710,311 $780,881 9.94% $807,911 3.46% $930,767 15.21% $1,077,104 15.72% $1,404,883 30.43% $1,479,005 5.28% $1,496,824 1.20% 110.73%
Condo Apartments $415,493 $502,410 20.92% $486,875 -3.09% $499,092 2.51% $559,567 12.12% $613,584 9.65% $747,632 21.85% $799,590 6.95% 92.44%
MIDDLEFIELD
Detached $580,795 $617,661 6.35% $680,167 10.12% $760,184 11.76% $888,392 16.87% $1,022,738 15.12% $1,165,384 13.95% $1,036,487 -11.06% 78.46%
MILLIKEN MILLS EAST
Detached $720,586 $767,373 6.49% $841,991 9.72% $938,938 11.51% $1,081,274 15.16% $1,286,476 18.98% $1,492,623 16.02% $1,117,197 -25.15% 55.04%
MILLIKEN MILLS WEST
Detached $644,032 $670,043 4.04% $721,395 7.66% $822,542 14.02% $951,048 15.62% $1,132,665 19.10% $1,220,500 7.75% $1,126,802 -7.68% 74.96%
OLD MARKHAM
Detached $556,650 $638,200 14.65% $655,075 2.64% $792,622 21.00% $780,850 -1.49% $1,156,598 48.12% $1,284,818 11.09% $1,131,193 -11.96% 103.21%
Condo Townhouses (Low sales volume) $253,000 $332,580 31.45% $366,972 10.34% $368,000 0.28% $418,000 13.59% $496,200 18.71% $628,714 26.71% $504,000 -19.84% 99.21%
RAYMERVILLE
Detached $567,743 $616,744 8.63% $659,392 6.92% $732,258 11.05% $867,199 18.43% $1,081,952 24.76% $1,260,651 16.52% $1,078,915 -14.42% 90.04%
Townhouses (Low sales volume) $426,157 $443,975 4.18% $475,000 6.99% $552,943 16.41% $608,000 9.96% $729,970 20.06% $775,833 6.28% $755,010 -2.68% 77.17%
Condo Apartments $280,823 $300,494 7.00% $333,486 10.98% $330,250 -0.97% $337,020 2.05% $364,112 8.04% $486,944 33.73% $438,500 -9.95% 56.15%
ROUGE FAIRWAYS
Detached $648,109 668,000 3.07% $717,227 7.37% $826,400 15.22% $917,852 11.07% $1,130,523 23.17% $1,239,095 9.60% $1,231,913 -0.58% 90.08%
ROUGE RIVER ESTATES
Detached $564,805 $663,600 17.49% $643,273 -3.06% $963,945 49.85% $960,236 -0.38% $1,139,841 18.70% $1,392,071 22.13% $961,250 -30.95% 70.19%
SHERWOOD ESTATES
Detached $620,659 $654,906 5.52% $700,119 6.90% $713,874 1.96% $858,731 20.29% $1,036,115 20.66% $1,167,963 12.73% $994,306 -14.87% 60.20%
SOUTH UNIONVILLE
Detached $741,951 $851,180 14.72% $845,817 -0.63% $999,655 18.19% $1,141,685 14.21% $1,450,702 27.07% $1,467,280 1.14% $1,340,300 -8.65% 80.65%
Semi-Detached $469,679 $514,503 9.54% $536,701 4.31% $624,669 16.39% $726,696 16.33% $843,575 16.08% $934,699 10.80% $851,077 -8.95% 81.20%
Townhouses $449,569 $494,546 10.00% $496,882 0.47% $563,646 13.44% $672,737 19.35% $775,922 15.34% $915,368 17.97% $801,834 -12.40% 78.36%
UNIONVILLE
Detached $851,291 $967,334 13.63% $1,018,511 5.29% $1,125,548 10.51% $1,374,955 22.16% $1,721,364 25.19% $1,918,180 11.43% $1,586,419 -17.30% 86.35%
Townhouses (Low sales volume) $657,455 $683,167 3.91% $705,991 3.34% $792,219 12.21% $1,006,513 27.05% $1,175,688 16.81% $1,363,737 15.99% $934,500 -31.48% 42.14%
Condo Apartments $336,920 $344,519 2.26% $339,975 -1.32% $362,216 6.54% $372,527 2.85% $384,282 3.16% $482,507 25.56% $496,699 2.94% 47.42%
Condo Townhouses $460,627 $483,956 5.06% $475,645 -1.72% $525,900 10.57% $604,531 14.95% $666,536 10.26% $780,896 17.16% $759,783 -2.70% 64.95%
VICTORIA MANOR - JENNINGS GT
Detached $804,060 $874,647 8.78% $856,969 -2.02% $1,030,199 20.21% $1,173,952 13.95% $1,460,598 24.42% $1,743,500 19.37% $1,794,691 2.94% 123.20%
Townhouses (Low sales volume) $546,567 $552,925 1.16% $564,250 2.05% $632,333 12.07% $751,833 18.90% $792,500 5.41% $955,000 20.50% $873,500 -8.53% 59.82%
VINEGAR HILL
Detached (Low sales volume) $732,278 $644,200 -12.03% $759,929 17.96% $719,750 -5.29% $908,900 26.28% $1,137,011 25.10% $1,464,629 28.81% -
Townhouses $416,611 $441,670 6.01% $461,750 4.55% $515,600 11.66% $525,150 1.85% $612,200 16.58% $740,557 20.97% $778,333 5.10% 86.82%
WISMER COMMONS
Detached $615,031 $678,048 10.25% $721,733 6.44% $816,989 13.20% $990,787 21.27% $1,236,477 24.80% $1,414,170 14.37% $1,196,485 -15.39% 94.54%
Semi-Detached $456,940 $490,270 7.29% $523,377 6.75% $582,662 11.33% $716,864 23.03% $814,639 13.64% $930,130 14.18% $834,064 -10.33% 82.53%
Townhouses $424,307 $464,871 9.56% 482,151 3.72% $536,088 11.19% $635,587 18.56% $750,550 18.09% $913,828 21.75% $810,772 -11.28% 91.08%
STOUFFVILLE
Detached $489,728 $563,160 14.99% $573,512 1.84% $627,687 9.45% $719,616 14.65% $899,073 24.94% $1,040,835 15.77% $911,806 -12.40% 86.19%
Semi-Detached $380,908 $409,066 7.39% $419,338 2.51% $467,254 11.43% $543,387 16.29% $644,881 18.68% $769,890 19.38% $678,149 -11.92% 78.03%
Townhouses $353,413 $393,487 11.34% $404,337 2.76% $445,603 10.21% $497,950 11.75% $610,103 22.52% $699,943 14.73% $657,603 -6.05% 86.07%
BALLANTRAE
Detached $616,140 $691,835 12.29% $724,229 4.68% $793,061 9.50% $929,632 17.22% $1,100,374 18.37% $1,294,885 17.68% $1,188,613 -8.21% 92.91%

If you’d like to be kept up to date on the latest neighbourhood stats, simply fill out the form below and I’ll do the rest!  If you have any specific questions about a certain neighbourhood or you’re thinking about buying or selling a house in Markham or Stouffville and would like to discuss your situation, please contact me anytime or get a No Hassle Online Evaluation of your home.  I’d love to help!

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