📍 For Newmarket: 👉 📖 View TheMarket – Newmarket Edition
🏡 For Aurora: 👉 📖 View TheMarket – Aurora Edition
🌳 For East Gwillimbury: 👉 📖 View TheMarket – East Gwillimbury Edition
York Region Market Update – August 2025
The York Region real estate market continues to rebalance. July brought a slowdown in sales, rising inventory, and longer days on market, all signs that buyers are gaining more control.
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Sales were down about 17% year-over-year, with just over 1,000 homes changing hands.
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Average price dipped to $1.23M, about 5% lower than last July.
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With 6,100 active listings on the market, buyers now have more negotiating power than they’ve seen in years.
The bottom line? The shift toward a buyer’s market is underway and strategy matters more than ever.
Newmarket
Newmarket was a standout in July, bucking the slowdown with 94 homes sold, nearly 20% more than last year. But pricing told a different story: the average sale price dropped to around $975K, showing buyers are firmly focused on value. Homes are still moving, but sellers need to be sharp with pricing to stay competitive.
Aurora
Aurora cooled noticeably. Just 47 homes sold in July, down more than a third from last year. Most sold below asking, and homes are taking over a month to find buyers. The market here is firmly tilting in favor of buyers, and sellers can’t afford to overprice.
East Gwillimbury
East Gwillimbury also saw a slowdown. Only 38 homes sold, and more than 80% of them closed under list price. With buyers taking their time, sellers need to focus on realistic pricing and standout marketing if they want results.
📖 This is only the surface. For the full set of numbers, in-depth trends, and our expert insights for each community, check out the August edition of TheMarket in the flipbook below.
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