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Newmarket

Why you'd want to live in Newmarket

Newmarket (2021 population: 87,942[4]) is a town and regional seat of the Regional Municipality of York in the Canadian province of Ontario. It is part of Greater Toronto in the Golden Horseshoe region of Southern Ontario. The name stems from the fact that the settlement was a "New Market",[5] in contrast to York as the Old Market. The town was formed as one of many farming communities in the area, but also developed an industrial centre on the Northern Railway of Canada's mainline, which was built in 1853 through what would become the downtown area.[6] It also became a thriving market town with the arrival of the Metropolitan Street Railway in 1899.[7] Over time, the town developed into a primarily residential area, and the expansion of Ontario Highway 400 to the west and the construction of Ontario Highway 404 to the east increasingly turned it into a bedroom town since the 1980s. The province's Official Plan includes growth in the business services and knowledge industries, as well as in the administrative, manufacturing and retail sectors. Landmarks include Upper Canada Mall, Southlake Regional Health Centre, the Main Street Heritage Conservation District, and Wesley Brooks Conservation Area (locally called "Fairy Lake Park" or "Fairy Lake").[8] via https://en.wikipedia.org/wiki/Main_Page

Newmarket Market Report

$1,341,809

AVERAGE PRICE OF 201 HOMES

$1,713,934

AVERAGE PRICE OF 118 MULTI-MILLION DOLLAR HOMES

$2,482,500

AVERAGE PRICE OF 12 HOMES WITH A POOL

$1,399,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,341,809
Avg Bedrooms 3.19 beds
Avg Bathrooms 3.21 baths

Average Price by Bedrooms

1 bedroom $627,300
2 bedrooms $873,961
3 bedrooms $1,111,367
4 bedrooms $1,580,594
5 bedrooms $1,958,981
Newmarket Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 217 201 230 278 308
Average Price $1,355,983 $1,412,946 $1,434,432 $1,409,933 $1,378,473
Avg Price Change -4.20% -1.52% +1.74% +2.28% -0.50%
Median Price $1,254,865 $1,295,081 $1,249,407 $1,225,483 $1,224,688
Med Price Change -3.20% +3.66% +1.95% +0.06% -1.33%
Avg Bedrooms 3.32 beds 3.42 beds 3.45 beds 3.44 beds 3.46 beds
Avg Bathrooms 3.18 baths 3.25 baths 3.18 baths 3.21 baths 3.12 baths
Total Homes Average Price Avg Days on Site
All Homes 201 $1,341,809 29 days
Multi-Million Dollar Homes 118 $1,713,934 32 days
Homes with a Pool 12 $2,482,500 54 days
Reduced Price Homes 1 $1,399,000 20 days
EXP REALTY, BROKERAGE | THE CAPSTONE GROUP
Gary Semeniuk
5 IVYGREEN ROAD
KESWICK, ON
905-806-3952

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2023 Last Updated March 28, 2023
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