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Sales to Active ratio:
- August 2025 = 21%
- Detached homes = 12%
- Higher than last month = 18%
- Higher than August 2024 = 14%
- Lower than 5yr August average = 24%
- Lower than 10yr August average = 23%
- **Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- August 2025 = 47
- Higher than last month = 46
- Higher than August 2024 =32
- Higher than the 5 yr avg = 44
- 7% Higher than 10 yr avg
- Same as the 10 yr avg = 47
Inventory:
- August 2025 = 226
- Lower than last month =254
- Higher than August 2024 = 176
- Higher than the 5 yr avg = 195
- Higher than the 10 yr avg = 210
In a nutshell
Overall, sales were pretty good, matching the 10 year average and slightly higher than the 5 year average. Inventory is a bit higher than the 5 and 10 year averages but not that much higher. Year to date sales are the highest they’ve been in the last four years. The market seems to have reached the last minor peak of 2023, but still not back to the highest peak we saw in 2022. It seems like the market is going to pick up a bit later this fall with the recent interest rate announcement, but time will tell.