What is happening in the Newmarket real estate market?
As of June 2026, the average home price in Newmarket is $1,018,511, with properties spending an average of 29 days on the market. The market is currently balanced, with a list-to-sale price ratio of 98%.
June 2026 Newmarket Market Data
Source: Toronto Regional Real Estate Board (TRREB) Market Watch. Data reflects all property types.
| Metric | Value |
|---|---|
| Average Sale Price | $1,018,511 |
| Median Sale Price | $941,000 |
| List-to-Sale Price Ratio (YTD) | 98% |
| Average Days on Market (YTD) | 29 days |
| Active Listings | N/A |
What the Numbers Mean for Newmarket
The $77,000 gap between average and median price in Newmarket shows a market supported by both entry-level townhomes and larger detached properties. The 98% list-to-sale ratio indicates that homes priced accurately from day one are moving, but buyers are no longer overpaying for properties that need work.
Strategy for Sellers
In Newmarket’s current market, the real risk is overpricing, not underpricing. Homes that price accurately from day one are selling in under 30 days and netting more than those that overprice, sit for 45 days, and have to reduce.
Strategy for Buyers and Downsizers
For downsizers and move-up buyers looking in Newmarket, the current inventory levels mean you have time to negotiate, but turnkey bungalows and updated detached homes in established neighborhoods are still moving fast.
Frequently Asked Questions: Newmarket Real Estate
Are home prices dropping in Newmarket?
As of June 2026, the average price in Newmarket is $1,018,511. The market is currently seeing a 98% list-to-sale ratio, indicating that prices are relatively stable for homes that are priced accurately for current conditions.
Is it a good time to downsize in Newmarket?
Yes. For downsizers, the current 29 days average days on market provides a reasonable window to negotiate purchases without the extreme pressure of past markets, while still allowing you to sell your current home predictably if priced right.
How long does it take to sell a house in Newmarket?
Currently, homes in Newmarket are spending an average of 29 days on the market. However, turnkey properties that are priced accurately from day one often sell faster than the average.
Last updated: June 2026 data. This report is updated monthly upon the release of TRREB figures.