# Cornell Shows Buyer-Leaning Balance in February 2026 Cornell's February 2026 Sales to New Listings Ratio reached 27 percent. The reading reflects 12 sales against 44 new listings. Published 2026-10-11. Evidence snapshot 2026-10-12. ## Key facts and reporting periods - Sales Volume: 12 sales. Property type: All. Scope: Cornell, Markham, ON. Reporting date: 2026-02-28. [Source](https://meetmatthew.ca/markham-real-estate-market-2026) - New Listings: 12 count. Property type: All. Scope: Cornell, Markham, ON. Reporting date: 2026-02-28. [Source](https://meetmatthew.ca/markham-real-estate-market-2026) - New Listings: 44 count. Property type: All. Scope: Cornell, Markham, ON. Reporting date: 2026-02-28. [Source](https://meetmatthew.ca/markham-real-estate-market-2026) - Sales to New Listings Ratio: 27 percent. Property type: All. Scope: Cornell, Markham, ON. Reporting date: 2026-02-28. [Source](https://meetmatthew.ca/markham-real-estate-market-2026) - Median Sale Price: 1047500 cad. Property type: All. Scope: Markham, ON. Reporting date: 2026-10-10. [Source](https://wahi.com/ca/en/housing-market/on/gta/york/markham) - Sales Volume: 152 count. Property type: All. Scope: Markham, ON. Reporting date: 2026-10-10. [Source](https://wahi.com/ca/en/housing-market/on/gta/york/markham) - New Listings: 686 count. Property type: All. Scope: Markham, ON. Reporting date: 2026-10-10. [Source](https://wahi.com/ca/en/housing-market/on/gta/york/markham) - Active Listings: 1417 count. Property type: All. Scope: Markham, ON. Reporting date: 2026-10-10. [Source](https://wahi.com/ca/en/housing-market/on/gta/york/markham) ## Market summary Cornell's February 2026 Sales to New Listings Ratio reached 27 percent. The reading reflects 12 sales against 44 new listings. ## Central finding Cornell recorded 12 sales against 44 new listings in February 2026, producing a 27 percent Sales to New Listings Ratio. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast](https://meetmatthew.ca/markham-real-estate-market-2026) ## February Transaction Balance Cornell recorded 12 sales during February 2026 while 44 new listings entered the market. This combination produced a Sales to New Listings Ratio of 27 percent for all property types. The source identifies this as one of Markham's most buyer-favourable readings for that month. The low ratio indicates sellers faced more competition from available inventory than buyers did from scarce options. The 27 percent figure represents the proportion of new listings that resulted in a sale within the same month. With 44 new listings and 12 completed sales, the arithmetic confirms the reported percentage. No prior-month comparison or trend data accompanies this observation. A single monthly snapshot cannot distinguish between seasonal listing surges and structural shifts in local demand. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast](https://meetmatthew.ca/markham-real-estate-market-2026) ## Mapped Amenity Inventory OpenStreetMap data attributes 130 amenity points to Cornell, with parks forming the largest category at 39 locations. Named examples include Cornell Community Park, Upper Cornell Park, and Clementina Wilson Park. Five school points are also mapped, such as Black Walnut Public School and Bill Hogarth Secondary School. These counts reflect point presence only and do not measure service quality or household access. Eighty transit stop points appear in the dataset, concentrated along corridors like Bur Oak Avenue and Cornell Rouge Boulevard. One dog park and five recreation facilities round out the mapped inventory. The absence of route schedules, frequencies, or travel-time data prevents any assessment of connectivity or convenience for residents. Sources: [Black Walnut Public School](https://www.openstreetmap.org/way/306959604) ## The strongest counter-case The single-month observation does not establish sustained buyer leverage or price direction across the neighbourhood. Sources: [Markham Housing Market Report | Feb 2026 Prices & Forecast](https://meetmatthew.ca/markham-real-estate-market-2026) ## 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. ## Sources - [Markham Housing Market Report | Feb 2026 Prices & Forecast](https://meetmatthew.ca/markham-real-estate-market-2026): Observation reference period: 28 February 2026. Scope: neighbourhood, Cornell, Markham, ON. - [Black Walnut Public School](https://www.openstreetmap.org/way/306959604): date unavailable. Scope: neighbourhood. Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.