Used Hyundai Santa Fe for Sale nearMarkham, ON

2026 Hyundai Santa Fe Pricing Analysis: Markham, ON Market Report

Pricing in Nearby Cities

Market Area: Markham, ON

Key Insights

• Highest-Price Market: The Scarborough, ON market leads with an average price of $29,500 CAD, indicating a premium positioning in the region.
• Best Value: There is no variation in pricing across nearby cities, with Scarborough, ON, Pickering, ON, and Ajax, ON all averaging $29,500 CAD.
• Inventory Drives Stability: The consistent listing count of 57 across all three cities suggests a stable supply, which may help maintain price levels.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Volume Leader: The XRT AWD trim is the most popular with 31 listings, reflecting strong consumer preference for this configuration.
• Premium Spread: The Calligraphy AWD trim, priced at $49,400 CAD, represents the highest MSRP, indicating a significant premium for luxury features.
• Drivetrain Effect: All trims are equipped with the same 2.5L 277 hp I4 engine, suggesting that drivetrain does not significantly influence price variation among trims.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• New-Car Premium: The 2025 model year commands an average price of $44,596 CAD, reflecting a 30.4% premium over its starting MSRP.
• Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -63.8%, indicating significant value loss over time.
• Best Value Sweet Spot: The 2023 model year, with an average price of $30,168 CAD, is the only year priced above its starting MSRP by 4.9%, suggesting it may offer the best value for buyers.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.