A Message From Our Founders
Dear Friends and Neighbors,
Spring has arrived, and with it comes a renewed sense of energy and opportunity in our community We’re excited to share that our 11th Annual Kirby Chan & Co. Thornhill Community Yard Sale is officially set for Saturday, June 14th, 2025 rain or shine. It’s one of our favorite events of the year, bringing neighbors together to declutter, connect, and enjoy a great day outdoors We hope to see you there!
This edition of our Stakeholder Report includes the latest market statistics for Thornhill, offering a closer look at how the first quarter of 2025 is unfolding. With changes in pricing, activity, and days on the market, it’s more important than ever to understand where your home stands in today’s market.
If you’re thinking about making a move this year, now is a great time to start preparing. Reach out to us for a complimentary home evaluation and expert advice tailored to your goals We're here to help you plan ahead and navigate the market with confidence.
With gratitude, Kirby and Carrie Founders, Kirby Chan & Co.
GTA Real Estate Market
Quarter 1 2024 vs 2025
The Greater Toronto Area saw a quieter start to the year, with average sale prices down 12% to $111 million and total sales dropping 181% year-over-year Homes are also taking longer to sell, with average days on market rising 127% to 30 days Despite the overall pullback, Toronto held steady with a 17% price increase, while surrounding regions like Markham, Vaughan, and Richmond Hill saw modest price declines and slower activity. Buyers are still active but more selective, making strategy and pricing key for sellers in this shifting market.
Thinking of Selling Your Home?
Thornhill Real Estate Market Quarter 1 2024 vs 2025
The first quarter of 2025 showed a softer market in Thornhill, with average prices down 159% to $989,000 and sales dropping by 269% Homes are taking slightly longer to sell, averaging 31 days on market Despite the slowdown, buyers remain active and are responding to well-priced homes Activity picked up in March, and communities like Royal Orchard and German Mills still saw movement, showing that demand is there when value aligns. The market is adjusting, but far from inactive strategy matters more than ever.
Thinking of Selling Your Home?
