We’re currently sitting at 1,026 active listings, with 115 homes sold last month. The average days on market is 51, and inventory has climbed to 8.9 months, which means buyers have more choice and less pressure compared to previous years.
Average prices by property type:
- Detached: $895,649 (⬆️ 7.3%)
- Townhomes: $575,875 (⬇️ 6.2%)
- Condos: $516,187 (⬆️ 24.3%)
Overall, we’re seeing a more balanced market. Detached homes are holding strong, condos are gaining momentum, while townhomes have softened slightly. This creates great opportunities depending on whether you’re buying, selling, or just keeping an eye on the market.
If you’re curious how these numbers apply to your specific neighbourhood or property, I’m always happy to break it down for you.