Welcome.
This November the busiest part of the market were leases, all types, and sales of freehold townhomes.
There were 328 properties leased in November up almost 11% 211 sales transactions of which 48 were for freehold townhomes.
Here's how the rest of November sales went;
November 2024 November 2025 % change
Detached 2-Storey $2,657,043 $1,885,365 - 41
Detached Bungalows $1,754,300 $1,407,895 - 25
Split Level Homes $1.669,417 $ 1,794,167 + 7
Linked Homes $1,197,500 $1,238,000 + 3
Semi-Detached $1,033,500 $1,057,800 + 2
Freehold THs $1,187,333 $1,251,250 + 5
Condo THs $788,500 $736,400 - 7
Stacked THs $626,167 $579,500 - 8
Condo Apartments $850,542 $665,250 - 2
The average time it took to sell was almost 7 weeks or, more precisely 39 days. This number would be significantly higher if you factored in the number of times sellers cancel and relist their homes and apartments in order to get them sold. In some cases sellers resort to relisting multiple times usually setting a lower asking price than the last one.
Now that we have reached December activity will wane until the year. I expect January to be busy.
There is still ample inventory available and if you are considering a purchase you should be able to strike a good deal.
Enjoy the holidays and look forward to a more robust 2026!
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