• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Martin MacFarlane: Markham Real Estate Agent | Homes For Sale

Real estate agent specializing in Markham Real Estate. Call 905-471-2000 to find Markham houses with the best value.

905-471-2000
Serving Markham, Unionville Stouffville & surrounding GTA

  • Home
  • About
    • About Martin
    • Contact Martin
    • Recent sales
    • Testimonials
    • FAQs
  • MLS Listings
    • Markham Houses For Sale
      • Under $500,000
      • $500,000 & $600,000
      • $600,000 & $700,000
      • $700,000 & $800,000
      • $800,000 & $900,000
      • $900,000 & $1,000,000
      • Over $1,000,000
      • Condos For Sale In Markham
    • Unionville Houses For Sale
      • Under $500,000
      • $500,000 & $600,000
      • $600,000 & $700,000
      • $700,000 & $800,000
      • $800,000 & $900,000
      • $900,000 & $1,000,000
      • $1,000,000 & $1,500,000
      • Over $1,500,000
      • Condos For Sale In Unionville
    • Stouffville Houses For Sale
      • Under $500,000
      • $500,000 & $600,000
      • $600,000 & $700,000
      • $700,000 & $800,000
      • $800,000 & $900,000
      • $900,000 & $1,000,000
      • Over $1,000,000
      • Condos For Sale In Stouffville
    • Search By Neighbourhood
    • Search By House Type
  • Neighbourhoods
    • Central Markham
      • Berczy Village
        • Neighbourhood guide
        • Berczy Village MLS listings
      • Bullock
        • neighbourhood guide
        • Bullock-Conservation MLS listings
      • Markham Village
        • Neighbourhood guide
        • Markham Village MLS listings
      • Markville
        • Neighbourhood guide
        • Markville MLS listings
      • Old Markham Village
        • Neighbourhood guide
        • Old Markham Village MLS listings
      • Raymerville
        • Neighbourhood guide
        • Raymerville MLS listings
      • Vinegar Hill
        • Neighbourhood guide
        • Vinegar Hill MLS listings
      • Wismer Commons
        • Neighbourhood guide
        • Wismer Commons MLS listings
    • East Markham
      • Box Grove
        • Neighbourhood guide
        • Box Grove MLS listings
      • Cedar Grove
        • Cedar Grove MLS Listings
      • Cornell
        • Neighbourhood guide
        • Cornell MLS listings
      • Greensborough
        • Neighbourhood guide
        • Greensborough MLS listings
      • Legacy
        • Neighbourhood guide
        • Legacy MLS listings
      • Sherwood Estates – Amber Glen
        • Neighbourhood guide
        • Sherwood – Amber Glen MLS listings
    • West Markham
      • Angus Glen
        • Neighbourhood guide
        • Angus Glen MLS listings
      • Buttonville
        • Neighbourhood guide
        • Buttonville MLS listings
      • Cachet – Devil’s Elbow
        • Neighbourhood guide
        • Cachet MLS listings
      • Cachet Woods
        • Neighbourhood guide
        • Cachet Woods MLS listings
      • South Unionville – Village Green
        • South Unionville – Village Green MLS Listings
      • Unionville
        • Neighbourhood guide
        • Unionville MLS listings
    • North Markham
      • Cathedraltown
        • Neighbourhood guide
        • Cathedraltown MLS listings
      • Rural Markham
        • Rural Markham MLS Listings
      • Victoria Manor – Jenning’s Gate
        • Neighbourhood guide
        • Victoria Manor – Jenning’s Gate MLS listings
      • Victoria Square
        • Victoria Square MLS Listings
    • South Markham
      • Cedarwood
        • Cedarwood MLS Listings
      • Middlefield
        • Middlefield MLS Listings
      • Milliken Mills East
        • Milliken Mills East MLS Listings
      • Milliken Mills West
        • Milliken Mills West MLS Listings
      • Rouge Fairways
        • Neighbourhood guide
        • Rouge Fairways MLS listings
      • Rouge River Estates
        • Rouge River Estates MLS Listings
    • Stouffville
      • Neighbourhood Guide
      • Stouffville MLS listings
  • Buy
    • First-Time Home Buyers
    • Buying Process
    • Why Buy With Martin?
    • Newcomers To Canada
    • Power Of Sale Listings
  • Sell
    • Pricing Your Home
    • Selling Steps
    • For Sale By Owner
    • Marketing Your Home
  • Market
    • How’s The Markham Real Estate Market Doing?
    • Neighbourhood Real Estate Reports
  • Resources
    • Agency Relationships
    • How Much Can I Afford?
    • Land Transfer Tax Calculator
    • Moving Checklist
    • Government Programs
  • Blog

Markham Real Estate Market Shows Signs Of Slowing Down

October 14, 2015 By Martin MacFarlane 2 Comments

While average house prices in Markham have remained high, the real estate market in Markham seemed to have showed signs of a slow down in September.  New listings were up considerably, 23.7% over last year while total sales were down 5.5%.  That’s a sale to new listing ratio of just 43.1% as compared to 65.3% in August.  It will be interesting to see if this trend continues throughout the rest of the year as conditions currently favour a buyer’s market.

If you’ve been planning on buying a home in the near future, right now is a great time!

Check out the latest housing stats for markham from September 2015.

Markham house prices september 2015

 

Markham Real Estate Sold Statistics During September 2015

  • The average sale price in September was $825,133.  Up 19.4% over the same month last year.
  • The average sale price to date this year is $801,335.  Up 14.4% over last year.
  • The average time it took for a house to sell was 19 days compared to 20 days the month prior and 23 days last September.
  • There were 393 total sales last month.  Down 5.5% over the same period last year.
  • So far this year, we have seen 4237 sales.  That’s down 12% over the same timeframe from last year.
  • There were 912 new listings last month.  That’s an increase of 23.7% and a sale to new listing ratio of 43.1%
  • The month prior, the sale to new listing ratio was 65.3%
  • So far this year, new listings are up 23.7% over the same timeframe from last year.
  • The average sold price for detached homes last month was $1,114,035 with 190 homes sold.
  • The average sold price for semi-detached homes last month was $686,847 with 19 homes sold.
  • The average sold price for townhomes last month was $655,272 with 52 homes sold.
  • The average sold price for condo apartments last month was $339,130 with 66 units sold.

If you’re planning to make a move, contact me anytime!  To get a quick idea of your home’s value, please visit my online evaluation page.

Facebooktwitterredditpinterestlinkedinmail

Filed Under: Markham Market Updates

Reader Interactions

Comments

  1. Peter says

    November 9, 2015 at 5:43 pm

    Looking forward to your October analysis.

    Reply
    • Terry Khan says

      November 10, 2015 at 9:27 pm

      As do I, it seems normal for there to be a number of listing decrease in winter months, as opposed to the summer months. But, I find it rather interesting that month over month, including Sept. vs July the prices still hold strong. As a someone who is constantly on GTA Market watch so to speak, I have yet to see any sort of decline in prices. But I am definatly seeing homes take longer to sell, less being listed and sold at a time. But regardless, no drop in price, detached homes seemed to have the most growth due to limited supply.

      Reply

Leave a Reply to Terry Khan Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Schedule A FREE HOME EVALUATION Now!

Selling A Home?

Selling a home in Markham

Buying A Home?

Buying a house in Markham
Market Insight
  • View recent sold prices
  • Average asking prices
  • How fast are homes selling
  • Is it a buyers or sellers market
Get it now!

Tweets by markhamREagent

Footer

Connect with me on:

Phone: 905-471-2000

Martin MacFarlane - Sales Representative - Sutton Group Heritage Realty Inc., Brokerage - Privacy Policy