April 2025 Market Update – Newmarket & York Region
Welcome to this month’s real estate market update for Newmarket and York Region. In our latest report, we break down everything you need to know about what’s happening in the local market—from record-low sales to a sharp rise in inventory, shifting the landscape firmly in favour of buyers.
Sales across York Region dropped to historic lows, with only 802 homes sold—the lowest March total in over 30 years. In Newmarket, just 58 homes changed hands, marking a nearly 50% decline from last year. Meanwhile, inventory climbed to 272 active listings in Newmarket, up nearly 70%, creating the most competitive market we’ve seen in years.
The Months of Inventory reached 5.2 in March, the highest figure we’ve ever recorded for this time of year, signalling a clear buyer’s market. Average prices in Newmarket dipped to just over $1,080,000, down $85,000 from the same time last year, while York Region’s median sale price also saw a notable decline. Despite the slowdown, nearly 40% of sales in Newmarket still sold at or above asking, showing there’s still strong demand for the right properties.
We’ve compiled everything—from the key stats and projections to notable sales and expert insights—into one easy-to-read package inside the March 2025 issue of TheMarket magazine (digital). Plus, for those who prefer to watch, you can check out our full video breakdown of this update for a quick and clear explanation of the current conditions.
📈 Inventory trends, price segments, buyer behaviour—it’s all in here.
📹 Watch the video, read the magazine, and explore the full analysis now.
