Markham Cathedral, Markham - October 2026 Real Estate Report
Markham Cathedral Real Estate Update: Houses Are Holding Strong, But Condos Are Telling a Different Story
If you own a home in Markham Cathedral and you have been wondering whether to make a move this summer, here is the honest breakdown. The market here is not one-size-fits-all right now. Houses and condos are heading in opposite directions, and knowing which side of that line you are on could mean a serious difference to your bottom line.
The Vibe: Houses vs. Condos
Let us start with the good news for house owners. The average HonestDoor Price for a house in Markham Cathedral sits at $1,857,747, up 1.86% from the previous period. Actual sales are averaging $2,100,000, with current listings sitting at $2,180,000. Homes are selling at 96.33% of list price, which means buyers are negotiating a little, but sellers are not giving the house away. At 14 days on market, properties are not sitting around collecting dust either.
On the neighbourhood leaderboard, our houses rank 1 out of 14 for growth rate across Markham. That is the top spot. Price rank is 2 out of 9, meaning we are one of the pricier areas in the city - and the numbers back that up. For context, nearby Richmond Hill East averages a HonestDoor Price of $1,455,106 and The Hill comes in at $1,541,210. Markham Cathedral houses are running well ahead of both.
Condos are a different conversation. The average HonestDoor Price for a condo here is $664,440, down 0.36% from last period. The predicted market value of $666,829 is actually slipping below the 3-month moving average of $671,924, and the recent value change of -2.38% puts condo growth at 14 out of 14 in Markham. Dead last. The condo segment is taking a breather, and owners should be paying close attention.
- House HonestDoor Price: $1,857,747 (up 1.86%)
- House average sale price: $2,100,000
- House price per square foot: $610
- House days on market: 14
- House sale-to-list ratio: 96.33%
- House growth rank in Markham: 1 out of 14
- House rental estimate: $6,363 per month
- House Airbnb estimate: $316 per night (ranked 3rd in Markham)
- Condo HonestDoor Price: $664,440 (down 0.36%)
- Condo predicted market value: $666,829
- Condo recent value change: -2.38%
- Condo growth rank in Markham: 14 out of 14
- Condo rental estimate: $3,055 per month
- Condo Airbnb estimate: $152 per night
The Secret Sauce: Check Your HonestDoor Price Before Your Next Tax Bill Does It For You
Here is the thing about government assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales and current market signals. For house owners in Markham Cathedral, that means your home's real-world value right now is likely well above what any static assessment is showing. For condo owners, it works the other way - the HonestDoor Price is already reflecting the softness in the condo market, so you are getting an honest picture before you make any decisions.
Think of the HonestDoor Price as the number your real estate agent would whisper to you over coffee - not the official figure, but the real one. With houses here carrying a rental yield of 3.91% and an estimated monthly rent of $6,291, investors and homeowners alike need accurate, current data to make smart calls. The old assessment just does not cut it anymore.
The So What: Thinking About Selling This Summer?
If you own a house in Markham Cathedral, this summer is worth a serious look. You are sitting in the top-ranked growth neighbourhood in Markham, homes are moving in two weeks on average, and buyers are still paying close to full list price. That is a seller-friendly setup. The gap between your HonestDoor Price and nearby neighbourhoods like Richmond Hill North East ($1,295,350) gives you real pricing power. You are not just selling a house - you are selling the top address on the leaderboard.
If you own a condo here, the honest advice is this: do not wait for the market to turn around on its own. With a -2.38% recent value change and a last-place growth ranking, the window to get ahead of further softness may be open right now. Check your HonestDoor Price today, compare it against what condos in The Hill ($796,632) and Richmond Hill North East ($824,891) are doing, and have a real conversation about your timing. Waiting for a bounce that may not come is the riskiest move of all.
Bottom line - Markham Cathedral is a split market right now. Houses are leading the city. Condos are lagging it. Know which side you are on, get your real number from HonestDoor, and make your move with your eyes open.
markham cathedral | markham | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.