Newmarket: May 2025 Real Estate Market Report
Newmarket Real Estate Market Update—May 2025
May 2025 saw a stable Newmarket real estate market with robust activity across different home types. Purchasers had the pleasure of a wide selection of properties, while vendors had the benefit of satisfactory prices—especially in the detached segment. The following is a complete analysis of market performance by property type.
At a Glance: Market Performance by Home Type
| Property Type | Sales | Average Price | Median Price | New Listings | Active Listings |
|---|---|---|---|---|---|
| All Property Types | 85 | $1,083,258 | $1,005,000 | 324 | 397 |
| Detached Homes | 53 | $1,226,642 | $1,165,000 | 199 | 237 |
| Semi-Detached Homes | 10 | $880,000 | $900,000 | 32 | 36 |
| Townhomes | 10 | $904,700 | $887,500 | 39 | 46 |
| Condo Apartments | 6 | $597,983 | $551,500 | 29 | 42 |
Detached homes in Newmarket are clearly leading the market, both in volume and pricing, with an average price over $1.2 million. These properties remain popular among larger families and move-up buyers.
Buyers looking for a middle ground can consider townhomes in Newmarket and semi-detached homes, both of which are priced below the $1M threshold. These options are ideal for young couples and growing families.
For investors and first-time buyers, condos in Newmarket offer the most affordable entry point with a healthy inventory and steady demand.
New vs Resale: Exploring More Options
Interested in customization or investment potential? Explore pre-construction homes in Newmarket for modern designs and future growth opportunities. Prefer move-in-ready options? Browse the full range of resale homes in Newmarket that fit your lifestyle and timeline.
Final Thoughts
The Newmarket real estate market in May 2025 was quite well-balanced with affordability and selection. Detached houses continue to be very popular, but I'm seeing more people gravitating to townhouses and condos as they're looking for more bang for their buck and some flexibility. With lots of new and resale listings hitting the market, Newmarket remains a fantastic place for both home buying and investing.
Sources:
- https://trreb.ca/wp-content/files/market-stats/market-watch/mw2505.pdf
- https://trreb.ca/market-data/market-watch/
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