Wismer Real Estate Report · Week of May 18 | Median $1.398M, Mixed Price Action

The week in numbers

Wismer recorded four sales in the week of May 18, with a median sold price of $1,398,000. The cohort ranged from $1,060,000 to $1,521,000, reflecting varied buyer interest across price tiers. Sale-to-list ratio was 0.988 overall—a near-even split between homes selling above and below asking.

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

What sold

The week’s mix skewed toward higher-end detached homes, with sales spanning from $1.06M to $1.52M. Two sales significantly outpaced their list prices—Armando Drive sold for $1,521,000 against a $1,550,000 ask (buyer-friendly negotiation), and Massachusetts Lane closed at $1,062,000 from a $899,000 list, suggesting strong underlying demand or an underpriced initial ask. Conversely, Barnstone Drive sold for $1,398,000 against $1,449,000, signaling softer negotiating power at that price tier.

• Armando Drive: $1,521,000, 2,500–3,000 sqft
• Barnstone Drive: $1,398,000, 2,000–2,500 sqft
• Massachusetts Lane: $1,062,000, 2,000–2,500 sqft
• Mingay Avenue: $1,060,000, 1,500–2,000 sqft

What’s listed right now

Eight homes are currently listed in Wismer, ranging from $799,000 to $1,980,000. The active inventory is split across price segments, with three listings above $1,600,000 and the balance scattered between $799,000 and $1,290,000. Two listings on Crofting Crescent at $1,980,000 suggest a high-end pocket, while Collier Crescent at $799,000 indicates entry-level stock. Days-on-market data for active listings was not available this week.

• Crofting Crescent: $1,980,000 (two listings)
• Landsdown Crescent: $1,688,000
• Furrow Street: $1,688,000
• Beebe Crescent: $1,598,000
• Armillo Place: $1,290,000
• Memon Place: $1,130,000
• Collier Crescent: $799,000

Market call

Wismer’s micro-sample (n=4) this week showed a market without clear momentum. A sale-to-list ratio near parity (0.988) and a sale range nearly $500K wide suggest no unified buyer signal. Two sales punched above list, two below. Sellers at the higher end ($1.4M–$1.5M) faced slight negotiating headwinds, while sub-$1.1M inventory moved with more vigor. With only four sales and no days-on-market data, calling a buyer’s or seller’s market would be premature. The data is too sparse to reliably forecast next week’s direction.

How this compares to the broader Markham region

Wismer’s median this week ($1,398,000) sits well above the broader Markham and Ontario typical ranges. Ontario MLS’s broader market data suggests a Ontario median around $1,050,000 for 2026, meaning Wismer homes command a significant premium—consistent with the neighborhood’s established positioning as an upscale Markham pocket. The week’s tight inventory (8 listings for 4 sales) also mirrors recent GTA-wide patterns of selective supply, though Markham neighborhoods have seen greater resilience in higher-priced segments.

What this means if you’re thinking of selling

If you own in Wismer, this week’s data suggests a disciplined market. Two homes sold above list, indicating that well-priced and well-presented inventory can still command premiums. However, price-to-list slippage on the $1.4M–$1.5M units is a signal that overpricing carries cost. Use an InstantCalculator seller net sheet to model your expected proceeds realistically, and consider a pre-listing checklist to ensure your home competes visually. With tight inventory (8 active listings), the market is not flooded—positioning matters more than speed.

What this means if you’re thinking of buying

Buyer interest in Wismer remains strong at the sub-$1.1M tier, where homes sold at or above asking. If you’re targeting entry-level detached stock here, expect competitive situations and rapid sell-throughs. Higher-priced listings (above $1.6M) show softer momentum, which may open negotiating room. Alex Goodman is licensed to represent buyers and can walk you through the week’s signals and active inventory. Book a 20-minute walkthrough to see how your target price point sits relative to this week’s action.

Sources & method

This report draws on sales and listing data from Repliers, a Ontario MLS-connected MLS platform, for the seven-day period ending May 18, 2026. The summary reflects four closed sales and eight active listings as of report date. For broader Markham and Ontario context, see Ontario MLS market data. For a detailed valuation of your Wismer home, visit our Wismer home value estimate tool. Learn more at InstantCalculator.ca.