Markham Hagerman, Markham - August 2026 Real Estate Report

Markham Hagerman Real Estate Update: Houses Are Holding Strong, But Condos Are Telling a Different Story

If you own a home in Markham Hagerman and you haven't checked your HonestDoor Price lately, now is the time. The numbers here are moving in two very different directions depending on what you own - and that gap matters for your wallet.

The Vibe: Houses vs. Condos

Let's be straight with each other. Houses and condos in our neighbourhood are not playing the same game right now.

Houses are quietly doing well. The average HonestDoor Price for a house sits at $1,602,481, up 0.92% from last period. The predicted market value is $1,587,849 and it's trending upward from a 3-month moving average of $1,581,019. That's not a rocket ship, but it's steady, positive movement. On the neighbourhood growth leaderboard, we rank 2 out of 14 comparable areas in Markham. That's a top-tier result. We're outpacing most of our neighbours.

• Average house sale price: $1,600,000
• Average list price this month: $1,680,000
• Price per square foot: $914
• Homes selling at 95.24% of list price - buyers are negotiating, and getting results
• Average days on market: 32
• Estimated monthly rent: $5,754 with a rental yield of 4.05%
• Growth rank: 2 out of 14 in Markham - top of the leaderboard

One thing worth noting - homes are sitting for about 32 days before selling, and buyers are landing deals below asking. This is a stable buyers' market right now, not a frenzy. Sellers who price sharp are moving product. Sellers who price with wishful thinking are waiting.

Condos are a different conversation. The average HonestDoor Price for a condo is $523,541, down 2.84% from last period. The predicted market value of $538,820 is also drifting lower from a 3-month moving average of $540,592. Recent value change sits at -0.83%. On the growth leaderboard, condos in Markham Hagerman rank 12 out of 14. That puts us near the bottom of the pack in Markham right now.

• Average condo HonestDoor Price: $523,541 (down 2.84%)
• Predicted market value: $538,820
• Estimated monthly rent: $2,679 with a rental yield of 3.75%
• Growth rank: 12 out of 14 in Markham - room for improvement
• Slightly ahead of Milliken West ($536,651) and Milliken East ($477,239)

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened in the market last month, last quarter, or even last year in many cases. It's a static number used for tax purposes, not for real-world decisions.

Your HonestDoor Price is updated in real time. It's pulling from actual market activity, current sales data, and live pricing signals in Markham Hagerman right now. For house owners, that means your HonestDoor Price is reflecting that 0.92% uptick that your old assessment has no idea about. For condo owners, it's flagging a 2.84% dip - which is exactly the kind of early signal you want to know before you make a move, not after.

Think of it this way - your tax assessment tells you what your home was worth. Your HonestDoor Price tells you what it's worth today. Those are two very different numbers, and in a market that's shifting, the difference can be tens of thousands of dollars.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Markham Hagerman and you're thinking about listing this summer, the fundamentals are on your side. You're sitting in a top-2 growth neighbourhood out of 14 in Markham. Values are trending up. Buyers are active, even if they're negotiating harder than they were a couple of years ago. The key is pricing it right from day one - homes are selling at 95.24% of list, so if you list high hoping to negotiate down, expect to sit for a while.

If you own a condo, the honest advice is to pay close attention right now. Values have slipped 2.84% and the trend line is pointing down, not up. That doesn't mean panic - it means be strategic. If selling is on your radar in the next 6 to 12 months, getting your HonestDoor Price today gives you a real baseline to work from, not a number that's already out of date.

Either way, the smartest move any Markham Hagerman homeowner can make right now is knowing exactly where they stand. Check your HonestDoor Price, compare it to what's selling around you, and make decisions based on what the market is actually doing - not what it was doing two years ago.

This 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.