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Sales to active ratio:
- March 2025 = 24%
- Detached homes = 17%
- Condos = 16%
- Townhomes = 37%
- Lower than last month = 29%
- Higher than March 2024 = 18%
- Lower than 5yr March average = 37%
- Lower than 10yr March average = 36%
- **Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- March 2025 = 45
- Lower than last month = 50
- Higher than March 2024 =32
- Lower than the 5 yr avg = 55
- 18% Lower than 5 yr avg
- Lower than the 10 yr avg = 60
- 25% Lower than 10 yr avg
Inventory:
- March 2025 = 191
- Higher than last month =172
- Higher than March 2024 = 174
- Higher than the 5 yr avg = 160
- Higher than the 10 yr avg = 175
In a nutshell
The market stats for March summed up, just below average. When I talk about average, I mean the 5 + 10 year March averages. It’s still a sellers market, but the last 5-10 years have been very strong….so even though it’s just below average, it’s still quite strong.