$2,888,000
Community
Thornlea Real Estate
Markham, York
16Active
61Sold
44Leased
Thornlea Market
Updated Aug 22, 2026
Homes
Median sale price
$1.54M
Median PSF (est.)▼ 22.8%
$485/sqft
Price trend
Sold last 90 days
12
Active listings
15
Months of inventory
3.8
Avg days on market
33
Sale-to-list ratio
99.21%
Absorption rate
26.7%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 33.33% · End-user: 66.67% (from 12 sales, 6 leases)
Price reductions (90d)
Price-reduction rate: 8.33%
Avg reduction: $89,000 (5.27%)
Monthly reduction trend
2024-08: 0.0% (3 listings)
2025-01: 25.0% (4 listings) · avg $50,000
2025-07: 0.0% (3 listings)
2025-08: 0.0% (3 listings)
2025-10: 50.0% (4 listings) · avg $128,500
2026-01: 0.0% (3 listings)
2026-05: 0.0% (3 listings)
2026-06: 20.0% (5 listings) · avg $89,000
2026-07: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $485 — -23.67% vs municipality avg ($635)[discount]
Seasonality (annual pattern)
Historically strongest months: Jul, Aug, Sep
Historically weakest months: Dec, Mar, Apr
Annual averages: DOM 31.8d · sale-to-list 99.21% (n=48)
Monthly detail
Jan · 7 sales · DOM 35.7d · STL 98.93%
Feb · 1 sales · DOM 17.0d · STL 97.65%
Mar · 2 sales · DOM 78.5d · STL 98.28%
Apr · 1 sales · DOM 140.0d · STL 92.75%
May · 3 sales · DOM 45.3d · STL 99.91%
Jun · 6 sales · DOM 42.3d · STL 97.29%
Jul · 6 sales · DOM 12.0d · STL 102.30%
Aug · 8 sales · DOM 12.4d · STL 99.15%
Sep · 3 sales · DOM 15.7d · STL 102.67%
Oct · 6 sales · DOM 28.2d · STL 95.45%
Nov · 4 sales · DOM 31.5d · STL 103.28%
Dec · 1 sales · DOM 60.0d · STL 98.19%
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About Thornlea Real Estate
Explore 16 active listings in Thornlea, located in Markham. compare 10 properties for sale and 6 for lease, and find your next home with detailed market data and price estimates.
Thornlea has seen 105 completed transactions recently, with 61 sold and 44 leased properties providing rich comparable data for accurate valuations.
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