Inventory in Markham has tightened in the latest rolling three-month view, with active listings down about 39% from a year ago to just three homes. Contract activity is also slower, as homes sold and pending sales are both running at roughly half to two-thirds lower than last year. With only one recent sale and one home under contract, each new listing can have an outsized impact on local trends.
Home values have been adjusting in response to this quieter pace. The typical home value over the past three months is down nearly 28% year over year, and has also fallen significantly from early 2026 levels. Even with softer prices, homes are still taking time to sell, with the median days on market at 104 days in the current rolling period.
While no recent sales closed above list price, sellers are still achieving almost full asking price on average, with the sale-to-list ratio near 100%. Historical data shows Markham shifting from periods of very quick sales and higher prices to the slower, lower-priced environment seen now. Because conditions can change dramatically from one transaction to the next in a small market, buyers and sellers in Markham can benefit from Agent Pronto’s help connecting with a local agent who understands these shifts and how to navigate them.
