In 2025, the real estate market continues to show strong momentum and activity. According to the latest data from the third quarter, the number of single-family home transactions is up by 13%, while other property types (condos and plexes) have increased by around 10%, reflecting steady interest across the entire residential market.
On the pricing side, the trend is upward: the median price of single-family homes has risen by 9%, condos by 5%, and plexes by 8%. These increases demonstrate buyers’ confidence and the continued value of real estate assets in the market.
For sellers, the market remains active, with an average of 45 days to sell a property. This speed reflects a healthy balance between supply and demand and highlights the importance of a well-planned sales strategy to maximize property value.
In summary, the real estate market in 2025 is proving robust and promising, offering attractive opportunities for both buyers and sellers as the year draws to a close.
Get in touch with a member of our team today to establish your real estate strategy and make the most of the current market.