Wismer Real Estate Report · Week of May 25 | Median $1.398M

The week in numbers

Wismer saw 6 sales close in the week ending May 25, with a median sold price of $1,398,000. The median sale-to-list ratio came in at 0.979, indicating prices tracking slightly below asking. Price points ranged from $1,060,000 to $1,625,000, reflecting a mixed demographic composition across the neighborhood.

Local home values: see what homes are selling for in Wismer with our free Wismer home value calculator.

What sold

The week’s mix leaned toward mid-to-upper bracket homes in the $1.3M–$1.6M range, with three sales clustered at or just below $1.4M. Two properties brought in below $1.1M, suggesting continued demand for entry-level inventory in Wismer. Most closings were detached or semi-detached homes ranging from 1,500 to 3,000 square feet.

Notably, two properties on Mingay Avenue and Massachusetts Lane sold above their list prices—$1,060,000 and $1,062,000 respectively against asking prices of $899,000 each—indicating selective buyer competition for lower-priced product. The higher-priced sales on Country Ridge Drive ($1,625,000) and Armando Drive ($1,521,000) traded at or slightly below asking, consistent with a measured seller’s market in the premium segment.

• Armando Drive: $1,521,000 | 2,500–3,000 sqft
• Country Ridge Drive: $1,625,000 | 2,500–3,000 sqft
• Barnstone Drive: $1,398,000 | 2,000–2,500 sqft
• James Parrott Avenue: $1,329,000 | 2,000–2,500 sqft
• Massachusetts Lane: $1,062,000 | 2,000–2,500 sqft

What’s listed right now

Active inventory in Wismer spans a wide price band, from $799,000 to $2,038,000. Eight properties are currently listed, with concentration in the $1.2M–$1.7M range. This inventory depth suggests adequate supply for buyers at most price points, though the listing distribution is notably uneven—several mid-range price tiers show only one or two active properties.

• Crofting Crescent: $1,980,000
• Golden Meadow Drive: $2,038,000
• Landsdown Crescent: $1,688,000
• Beebe Crescent: $1,598,000
• Armillo Place: $1,290,000

Market call

Wismer is in a balanced-to-slightly-favoring-sellers position. The 0.979 sale-to-list ratio suggests that homes priced appropriately find buyers at or near asking; homes overpriced relative to market expectations face resistance. The presence of two sub-$1.1M sales above list price is a positive signal for entry-level sellers, but the upper bracket ($1.5M+) is showing more price discipline—buyers are not rushing at peak asking levels.

With 6 closings in a single week and 8 active listings, the rhythm is steady rather than frenetic. DOM data is unavailable for this week, limiting a full assessment of absorption speed. However, the sale-to-list ratio and spread of prices suggest neither a crowded buyer queue nor slack demand—a snapshot of a market clearing methodically at fair value.

How this compares to the broader Markham region

Wismer’s median of $1,398,000 reflects the mid-market positioning typical of central Markham neighborhoods. The GTA-wide median hovered near $1.05M as of early 2026, making Wismer a premium pocket within the broader region. The neighborhood’s detached and semi-detached stock, coupled with transit access and school ratings, sustains pricing above regional averages. The week’s activity and inventory levels are consistent with Markham’s overall market stability, with no sharp deviations in buyer appetite or inventory stress.

What this means if you’re thinking of selling

If you own in Wismer, this week’s data supports a measured approach. Properties priced in line with recent comparable sales are moving; those pushed above market expectation face friction. Prepare a realistic comparative market analysis and price competitively within the range established by this week’s sales.

Before listing, use our seller net sheet calculator to model your proceeds after tax, mortgage payoff, and realtor fees. Then review our pre-listing checklist to ensure your home shows its best. A well-prepped home in a balanced market like this typically performs well. If you’d like a confidential review of your property’s likely market position, book a 20-minute consultation.

What this means if you’re thinking of buying

Buyers have breathing room in Wismer right now. Eight active listings across a range of price points mean you’re not forced into a bidding war on every property. However, desirable homes at the lower end—under $1.1M—are still attracting multiple offers, as evidenced by this week’s sales above list. Be prepared to move decisively on value plays, but don’t overpay on emotion.

The balanced sale-to-list ratio suggests realistic sellers; use it as a negotiating reference. If you’re weighing Wismer against other Markham neighborhoods or Ontario alternatives, we can help contextualize your options. Book a 20-minute walkthrough with us to tour active listings and discuss what’s realistic in your budget and timeline.

Sources & method

This report draws from transaction data provided by Repliers (Ontario MLS) for the seven-day period ending May 25, 2026. Prices and dates reflect actual closed sales in the Wismer neighborhood, Markham. For additional market context, visit the City of Toronto Open Data portal. For a personalized estimate of your home’s value, check our Wismer home value estimate. More resources and tools are available at InstantCalculator.ca.