Markham Village Posts 71 Percent Sales-to-New-Listings Ratio in February 2026

Key facts and reporting periods

Market summary

Markham Village posted a 71% sales-to-new-listings ratio in February 2026, outpacing the broader Markham market. The neighbourhood's 94 mapped amenities include 65 transit stops and 13 recreation facilities.

Central finding

Markham Village recorded a 71% sales-to-new-listings ratio in February 2026, making it one of Markham's few seller-leaning neighbourhoods. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast]

Seller-Leaning Balance in February 2026

Markham Village recorded a 71 percent sales-to-new-listings ratio across all property types in February 2026, placing it among Markham's few seller-leaning neighbourhoods that month. The source describes this as reflecting constrained new listings relative to sales volume. This ratio exceeds the 41 percent all-property SNLR reported for Markham as a whole during the same period.

Within Markham Village, property-type conditions diverged sharply in February 2026. Condominium units posted an 82 percent SNLR, identified as the only seller's market segment in Markham, while apartment units recorded a 37 percent SNLR with 49 sales against 134 new listings. Single-family homes accounted for 66 of Markham's 176 total sales at an average price of $1,474,549. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast]

Amenity Profile and Price Context

Ninety-four amenity points are mapped within Markham Village, comprising 65 transit stops, 13 recreation facilities, 11 parks, 4 schools and 1 grocery store. Named recreation facilities include Markham Community Centre, Markham Bowl and Olympian School of Swimming (Bullock Location). Schools include Franklin Street Public School, James Robinson Public School, Markham District High School and Reesor Park Public School.

The average sale price across all property types in Markham was $1,048,132 in February 2026, with a median of $1,042,500. A separate Markham Village observation notes a median of $608,000 alongside the 71 percent SNLR, though the source does not specify the property type for that figure. Days on market averaged 26 days with a median of 22 days for all property types in the neighbourhood. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast] [Franklin Street Public School]

The strongest counter-case

The local evidence consists of a single monthly observation from February 2026, which does not establish a sustained trend or account for seasonal variation in the Markham housing market. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast]

City market context

From the Markham market article, 22 September 2026:

Markham's housing market entered 2026 with a distinct shift toward buyer leverage, as the Sales to New Listings Ratio rose to 41% and inventory reached 4.49 months in February. This measured increase in supply relative to demand provides concrete negotiating power for purchasers across both detached and condo segments. Markham's market balance shifted toward buyer leverage in early 2026, with a city-wide Sales to New Listings Ratio of 41% and 4.49 months of inventory in February 2026. This contrasts with a 34.5% SNLR recorded in December 2025, indicating a measurable increase in supply relative to demand over that period.