Spring into the Market: Why NOW is the Time to List in Markham, Ontario

by Michael Lau

Spring into the Market: Why NOW is the Time to List in Markham, Ontario

By Michael John Lau, Markham Real Estate Agent

The Markham Market is Blooming. Here’s Why You Should Plant Your "For Sale" Sign Today.

Spring isn’t just for tulips and patio season—it’s prime time to sell your home in Markham! With 2024’s sizzling seller’s market, rising prices, and record-low inventory, delaying your listing could mean leaving thousands on the table. Let’s dive into why NOW is the golden moment to capitalize on Markham’s red-hot real estate trends.

2024 Market Snapshot: Markham is ON FIRE

Average Home Price: $1.45 million (up 4% YoY – and climbing!).
Days on Market: Just 18 days (homes are selling faster than a Tim Hortons drive-thru at 7 AM ☕).
Demand Drivers: Newcomers (30% of buyers!), millennials, and investors are battling for limited inventory.
Hot Property Types: Townhouses and condos reign supreme, with prices up 6% as first-time buyers rush to enter the market.

Pro Tip: List before summer’s vacation lull to ride the spring buyer frenzy!

3 Reasons to List NOW (Before the Tulips Wilt!)

Inventory is LOW, Competition is HIGH. Markham has just 1.2 months of inventory – a classic seller’s market. With fewer homes available, buyers are writing offers faster than you can say “bidding war.” In Wismer Commons, prices jumped 8% this year alone thanks to bidding showdowns.
The Yonge North Subway Effect. The Yonge North Subway Extension (opening 2025) is already boosting values near future stations like Bridge Station. Homes in these zones command a 10-15% premium – but this train won’t wait! Buyers are snapping up properties now to lock in pre-construction gains.
Spring is THE Season for Premium Prices. Data shows 62% of buyers start their search in spring. With longer days, curb appeal at its peak, and gardens in bloom, your home will shine brighter than a Unionville heritage house at Christmas. 🌟

Seller Secrets: How to Maximize Your Spring Sale

Stage Smart: Highlight home offices and multi-gen spaces (25% of buyers want dual kitchens!).
Go Green: Flaunt eco-upgrades like solar panels or EV chargers – they can add $100K+ to your value.
Price Strategically: With DOM under 3 weeks, aggressive pricing can spark a bidding war (and a fatter cheque!).

Fun Fact: Net-zero-ready homes sell 50% faster – slap on that “energy-efficient” label and watch buyers swarm!

What’s Ahead for 2025? Spoiler: It’s Still HOT

Price Growth: Analysts predict 5%+ gains in 2025, outpacing Toronto.
New Developments: The Cornell Centre and tech hub near Highway 407 will drive demand (and prices!) in Markham’s northwest.
Affordability Shift: Detached homes are becoming luxury items – but townhouses and condos are flying off the shelves for 20% less.

Don’t Hit Snooze on This Opportunity!
Markham’s market is like a double-double – it’s always in demand, but right now, it’s extra hot. Whether you’re upsizing, downsizing, or cashing in on equity, spring 2024 is your moment.

Ready to cash in? Let’s chat! I’ll craft a tailored strategy to sell your home faster—and for more—than you thought possible.

Why Work With Me?