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Overall Market Conditions (June 2025 vs. June 2024):

  • The market remains a buyer’s market despite a significant year-over-year surge in activity.
  • Median Sale Price: Rose 13.28% to $725,000.
  • Average Sale Price: Increased 15.74% to $837,955.
  • Sales Volume: Climbed 50.77% to $185,188,049.
  • Unit Sales: Gained 28.49% to 221 properties.
  • New Listings: Jumped 55.27% to 854.
  • Expired Listings: Dropped 50.74% to 133, indicating improved listing engagement.
  • Unit Sales-to-New Listings Ratio: Fell to 25.88% (down 17.25%), showing inventory growth outpaces demand.

Year-to-Date (YTD) Performance (2025 vs. 2024):

  • Sales Volume: Up 18.24% to $858,521,794.
  • Unit Sales: Up 7.93% to 1007.
  • New Listings: Up 29.96% to 4,095.
  • Sales/Listing Ratio: Down 16.95% to 24.59%.
  • Average Sale Price: Up to $859,770 from $775,084.
  • Median Sale Price: Up to $728,750 from $686,250.
  • Average Days-On-Market: Increased by 8 days to 59.

Sales by Type (YTD 2025 vs. 2024):

  • Freehold:
    • Sales Volume: $752,494,495 (+26.96%)
    • Unit Sales: 827 (+19.16%)
    • Average Sale Price: $909,909 (+6.54%)
  • Condominium:
    • Sales Volume: $106,027,299 (+22.35%)
    • Unit Sales: 180 (+31.39%)
    • Average Sale Price: $589,041 (-6.88%)
  • Vacant Land:
    • Sales Volume: $23,000,500 (+5.9%)
    • Unit Sales: 52 (+20.93%)
    • Average Sale Price: $442,317.31 (-12.43%)

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