📊 Market Update – Year-End Snapshot
Sales slowed again in December, closing out the year with 5,615 total sales — the lowest annual total since 2010 and more than 30% below typical market levels.
🏠 What shaped the market this year:
• Sales declined 9% year-over-year
• New listings increased, keeping inventory elevated
• Months of supply stayed above 5 months since September
• More supply than demand continued to pressure prices
💰 Pricing:
The average benchmark price in 2025 was $718,708, down 5% from last year, bringing prices back to 2021 levels.
Apartment-style homes saw the largest adjustment (-8%), while detached, semi-detached, and row homes each declined by just under 5%.
📌 What does this mean for you?
Whether you’re thinking about buying, selling, or investing, understanding how these shifts affect your specific neighbourhood is key.
📞 Call or text me at 905-730-2747
💻 Visit franklombardorealestate.com
📩 Or DM me to talk about your next move.
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