Markham
Richmond Hill
Other GTAToronto-area home prices eased in September. Here is what the numbers say, and how to use them before you buy.
Sales: 5,040, down 9% year over year
New listings: 16,500, down 14.4% year over year
Average price: $1,006,409, down 5.1%; HPI benchmark down 4.7%
Read the comparison correctly
The comparison is about the annual decline in new listings, not fewer listings than sales. The HPI benchmark compares similar homes, so it is a steadier read than the average price.
How to prepare
Look beyond the asking price: compare recent sales in the same neighbourhood, assess the property's condition and work within your budget.
Markham and Richmond Hill in September
Markets differ inside the GTA. The same report breaks out each city (all home types):
Markham: average $1,125,353 · median $1,051,000 · 245 sales · 729 new listings · 4.1 months of inventory · 34 days on market
Richmond Hill: average $1,189,203 · median $1,079,000 · 172 sales · 584 new listings · 5.6 months of inventory · 36 days on market
The higher the months of inventory, the more choice buyers have. Richmond Hill had more choice than Markham in September, and homes in both cities sold for about 98% of the list price on average.
Source TRREB Market Watch, September 2026
The market in the GTA, September 2026
Average price: $1,006,409
Median price: $860,000
Detached, average: $1,292,016
Sales: 5,040
New listings: 16,500
Active listings: 26,131
Months of inventory: 4.6
Sold vs. list price: 98%
Days on market: 34 days
Source: TRREB Market Watch, September 2026 (released October 6, 2026). All home types unless noted. Explore Homes & Communities Across the GTA
How I can help: Buying
Think Beyond the Viewing.
- Understand your budget, space, commuting and amenity needs.
- Compare suitable properties, recent sales and condition.
- Discuss offer terms and coordinate the transaction and closing.
