Condos for Sale in Markham
Over $1.5M
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Markham this band: $1.57M · 41 active · avg 42 days on market.
41 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Markham Over $1.5M
41 active · median $1.57M
Median List Price
$1.57M
Active Listings
41
Avg Days on Market
42 days
YoY Change
-9.1%
6-Month Median Price Trend
Dec
$1.51M
Jan
$1.56M
Feb
$1.57M
Mar
$1.53M
Apr
$1.56M
May
$1.55M
What is the average condo price in Markham in 2026?
The benchmark price for a condo in Markham in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 41 active listings, moving in an average of 42 days on market. Prices are down 9.1% year-over-year.
Is Markham a buyer's or seller's market right now?
Markham is currently a buyer's market for condos in this band. Listings are sitting 42 days on average and prices are 9.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Markham
86+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“We got conditional approval the same evening we called. Saved us from losing the home in a multi-offer.”
What $1.57M gets you in Markham.
Condos in Markham priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $1575K — down 9.1% year-over-year. Active inventory is moving in roughly 42 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.50M
$1.62M
$1.63M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Markham.
Keep exploring Markham.
Other property types
Markham Condo FAQ
What is the median price for condos in Markham over $1.5m?
As of 2026-05-01, the median list price for condos in Markham priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many condos are currently for sale in Markham in this price range?
There are roughly 41 active condos for sale in Markham priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Markham?
Condos in Markham priced over $1.5m are averaging 42 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Markham condo prices going up or down?
Year-over-year median condo prices in Markham (this band) are down 9.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Markham?
On a $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 41 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Markham advisor within 1 business hour.
Condos in Markham Over $1.5M
Median $1.57M · 41 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.