A Shifting Market in the York Region AS MORE HOMES COME TO MARKET AND SALES REMAIN SOFTER, BUYERS ARE ABLE TO MOVE AT A MEASURED PACE WHILE SELLERS ADJUST STRATEGIES TO STAY COMPETITIVE.
More listings and fewer sales define current conditions. NEWMARKET
Newmarket’s active listings rose to 303 homes, up 43% from last year, giving buyers greater choice than in recent seasons. Sales are down roughly 15% year-over-year, reflecting a cautious market. With median prices at $899,000, buyers have increased negotiating power, while sellers need to focus on strategic pricing and presentation to capture interest.
A slower pace emerges alongside growing inventory. AURORA
Aurora saw active listings increase to 297 homes, up 46% from last year, while sales fell 25%, marking the largest drop in the region. Median prices eased to $1,132,000, indicating a steady market recalibration. Buyers benefit from more options, while sellers must pay close attention to pricing and home presentation to remain competitive.
Higher inventory gives buyers more control in the market. EAST GWILLIMBURY
East Gwillimbury’s inventory rose to 198 homes, up 27% year-over-year, while sales declined roughly 16%. Median prices adjusted to $1,145,000, reflecting gradual market shifts. With nearly six months of supply, buyers are in a stronger position, and sellers are adapting their expectations to match current conditions.
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