Market Watch September 2025
Happy Thanksgiving to you and your family! I’m am grateful to be here helping people through big decisions. Here is what’s happening in the market.
WATERLOO REGION
THE WATERLOO REGION HOME SALES MODERATE IN SEPTEMBER.
In September 2025, Waterloo Region home sales stayed below last year’s levels and the 10-year average, with 501 properties sold.
Detached and condo sales declined, while semi-detached homes saw a small increase. The average home price was $753,162, down 4.7% from last year but up 3.2% from August.
Detached homes averaged $858,872, townhouses $606,871, condos $442,086, and semis $621,026. Inventory continued to rise, with 1,469 new listings and 2,094 active listings—well above long-term averages—bringing overall supply to four months.
With prices softer and inventory higher, buyers now have more choice.
No significant market changes have developed from the BOC rate cut.
The sales to new listing ratio is just under 38% indicating we are in a buyer’s market. (Contrary to headlines.) Balanced is considered by the BOC to be between 40% and 60%.
Average days on market is unchanged at 32 days. It’s important to note this number reflects only homes that actually sold and not the homes that didn’t or are still on the market.
Average sale to list price ratio is 99%.
Looking to make a move? In this market you need an experienced Realtor®. Contact me now whether buying or selling to move forward with confidence!
Your referrals are the best compliment you can give. All sales through your referrals to me will see a portion of my commission donated to The Humane Society of Kitchener Waterloo Stratford Perth
Sell and move forward with confidence!
For more updates click like & subscribe on my YouTube channel for updates and real estate tips! (link below)
Happy Autumn!
Lance
P.S. Check out my latest video below! I was happy to be a sponsor for the WRHN Hike for Health at Laurel Creek Conservation Area.
GTA HOUSING MARKET SEES BOOST
In September 2025, Greater Toronto Area home sales rose 8.5% year-over-year, with 5,592 transactions reported, as buyers responded to lower borrowing costs and greater affordability following the Bank of Canada’s interest rate cut.
New listings increased 4% to 19,260, giving buyers more choice, though some market segments showed signs of tightening month-over-month as sales rose and listings fell slightly. The MLS® Home Price Index Composite benchmark fell 5.5% compared to last year, while the average selling price was $1,059,377, down 4.7% year-over-year but largely unchanged from August.
Despite stronger sales, the market remains below levels needed relative to the GTA’s number of households, and further interest rate reductions could help spur additional activity.
Stakeholders are encouraged to collaborate to address barriers in housing development and support economic growth through increased home purchases.
Looking to make a move? In this market you need an experienced Realtor®. Contact me whether buying or selling to move forward with confidence! Contact me now!
Your referrals are the best compliment you can give. All sales through your referrals to me will see a portion of my commission donated to The Humane Society of Kitchener Waterloo Stratford Perth.
Sell and move forward with confidence!
Lance Nielsen
519-748-7057
Lance@LanceNielsen.com
