New & Used 2027 Honda CR-V Hybrid for Sale nearMarkham, ON

2027 Honda CR-V Hybrid Pricing Analysis: Markham, ON Market Report

Pricing in Nearby Cities

Market Area: Markham, ON

Key Insights

• Highest-Price Market: The Richmond Hill, ON market shows an average price of $52,848 CAD, indicating a premium positioning in the region.
• Best Value: Despite being the highest-priced city, Richmond Hill, ON also has the most listings at 133, suggesting a stable inventory that may support competitive pricing.
• Inventory Drives Stability: The consistent average price of $52,848 CAD across multiple cities, including Thornhill, ON, North York, ON, and others, reflects a balanced supply-demand dynamic.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Volume Leader: The Sport AWD trim leads with 29 listings, indicating strong demand for this configuration.
• Premium Spread: The Sport Touring AWD trim, priced at $42,950 CAD, represents a $5,720 CAD premium over the TrailSport AWD, highlighting a significant price differentiation among trims.
• Drivetrain Effect: All trims feature the same AWD drivetrain, suggesting that drivetrain choice does not significantly impact pricing within this model range.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• New-Car Premium: The 2027 model commands an average price of $52,848 CAD, reflecting a 46.7% premium over its starting MSRP of $36,030 CAD.
• Depreciation Curve: The 2022 model exhibits the steepest depreciation at -2.4%, indicating a potential opportunity for buyers seeking value in slightly older models.
• Best Value Sweet Spot: The 2024 model, with an average price of $37,287 CAD, offers a modest 9.5% premium over its starting MSRP, positioning it as a potential sweet spot for value-conscious shoppers.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.