Digital - The Market Newmarket Issue 39 V1.1 - October

Inventory in Newmarket climbed to roughly 362 homes, giving buyers far more choice than they’ve had in recent years. Sales improved slightly compared to last September, though year-to-date numbers remain below historical averages. With about four months of supply, buyers have more negotiating power, while sellers need to price carefully to attract interest. Rising inventory gives buyers more options while sales edge up. NEWMARKET Aurora’s active listings rose more than 25%, yet sales remain down 25% year-to-date—the largest drop in York Region. The median price difference compared to Newmarket continues to grow, reflecting local price pressures. With over six months of inventory, the market is shifting in favour of buyers, providing room to negotiate and consider options. Slower pace of sales and widening price gaps recalibrate the market. AURORA York Region’s Market in Transition FROM AURORA TO EAST GWILLIMBURY, RISING LISTINGS AND PRICE SHIFTS ARE RESHAPING OPPORTUNITIES FOR BUYERS AND SELLERS ALIKE.

Low sales and steep price declines give buyers the upper hand. EAST GWILLIMBURY

Active listings increased, while sales remained steady year-to-date. The median price in East Gwillimbury fell significantly, creating one of the most buyer-friendly markets in the region. With nearly six months of supply available, buyers have the advantage, and sellers are adjusting their expectations to match current conditions.

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