Newmarket North West, Newmarket - September 2026 Real Estate Report

Newmarket North West: Prices Are Sliding - Here Is What Your Home Is Actually Worth Right Now

The Vibe

If you have been watching the "For Sale" signs in Newmarket North West lately, here is what is actually happening. The market is taking a breather. Both houses and condos are seeing values drift lower over the past few months, and if you are basing any decisions on your last city assessment, you are probably working with stale numbers. Here is the real breakdown.

Houses - Strong Price, But Momentum Is Slipping

We are sitting at an average HonestDoor Price of $1,144,411 for houses in Newmarket North West. That is a solid number - but it has dipped 1.11% from the previous period. The forward-looking predicted value sits at $1,157,214, and that figure is already trending below the 3-month moving average of $1,176,063. In plain terms, the direction is down, not up, at least for now.

On the neighbourhood leaderboard, houses here rank 6 out of 7 for growth among comparable Newmarket neighbourhoods. That puts us near the bottom of the pack right now. Worth knowing before you price anything.

• Average HonestDoor Price: $1,144,411
• Predicted Market Value: $1,157,214
• 3-Month Moving Average: $1,176,063
• Recent Price Change: -2.71%
• Growth Rank: 6 out of 7 in Newmarket
• Estimated Monthly Rent: $4,620
• Rental Yield: 4.54%
• Airbnb Estimate: $229 per night - ranked 2nd in Newmarket

That Airbnb rank is a bright spot. If you own a house here and have ever thought about short-term rental income, Newmarket North West is one of the top spots in the city for it. That $229 per night figure is real earning potential.

Condos - A Different Story, But Still Softening

Condos are more of a mixed bag. The average HonestDoor Price jumped 6.33% to $552,179 - that is a genuinely strong move. But the predicted value of $519,286 is running below the 3-month moving average of $542,010, and the recent price change sits at -5.71%. So while the average price looks good on paper, the near-term trend is pointing lower.

On the leaderboard, condos here rank 5 out of 7 for growth. Below average, but not at the bottom. Compared to nearby East Gwillimbury Heights, we are priced higher. Newmarket Quaker Hill-Haskett Park is slightly above us at $571,419. Newmarket Armitage is in a different league at $731,329.

• Average HonestDoor Price: $552,179 (up 6.33%)
• Predicted Market Value: $519,286
• 3-Month Moving Average: $542,010
• Recent Price Change: -5.71%
• Growth Rank: 5 out of 7 in Newmarket
• Estimated Monthly Rent: $2,591
• Rental Yield: 3.81%
• Airbnb Estimate: $135 per night - ranked 7th in Newmarket

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about city assessments - they are snapshots from the past. They do not care that prices have moved -2.71% for houses or -5.71% for condos in recent months. Your assessment is not going to tell you that. The HonestDoor Price is updated in real time, pulling from actual market activity. It is the difference between knowing what your home is worth today versus what a government office thought it was worth a year or two ago.

In a market that is actively shifting, that gap matters. If you are thinking about selling, refinancing, or just want to know where you actually stand - the HonestDoor Price is the number to look at. Not the assessment notice sitting in your kitchen drawer.

The So What - Should You Sell in Newmarket North West This Summer?

Straight talk: if you are a house owner here, the window is not getting wider. Prices are above $1.1 million, which is still strong, but the 3-month trend is heading in one direction. Sitting and waiting for a bounce is a gamble right now, especially with a growth rank of 6 out of 7.

If you own a condo, the calculus is trickier. The average HonestDoor Price looks good after that 6.33% bump, but the predicted value and recent trend suggest that gain may not hold. Summer inventory tends to rise, which adds more competition to the mix.

For both property types, the rental numbers are decent. Houses are pulling a 4.54% yield and condos sit at 3.81%. If selling does not feel urgent, holding and renting is a reasonable play - especially for house owners who have that top-2 Airbnb ranking working in their favour.

Bottom line: check your HonestDoor Price before you make any move. The market is not in freefall, but it is not climbing either. Knowing your real number is the first step.

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.