When our research team crunched the numbers we calculated that Markham has a median home price of $968,800.
Investors looking for properties in Markham are most likely to find 4 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Markham has a huge choice compared to the rest of the province
Will prices rise across the next year in in Markham? There are a number of real estate indicators to consider.
If you are looking at investment properties in Markham, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
The median asking price in Markham is $358,000, a substantial increase over the median three months ago which was $347,000 .
While the median for Ontario is $335,000 , which means that Markham’s median price is $358,000 considerably better than the rest of the province.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
From our data, it appears that neighbourhood is number 25th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Can we guarantee how well Markham is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.