Single Detached
Months of inventory for single detached homes numbered 4.4 at the end of the third quarter of 2025, down slightly from the 4.7 months recorded at the end of the third quarter of 2024.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite a tighter market, homes spent more time on the market in the third quarter of 2025 than they had a year earlier.
The median number of days on market for sold single detached homes was 25 in the third quarter of 2025, up slightly from 20 days in the third quarter of 2024.
Townhouse
Months of inventory for townhouse and row units numbered 4.8 at the end of the third quarter of 2025, up from the 3.3 months recorded at the end of the third quarter of 2024. This was the highest level of months of inventory ever recorded in a third quarter.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
With a more balanced market, townhouse and row units spent more time on the market in the third quarter of 2025 than they had a year earlier.
The median number of days on market for sold townhouse and row units was 29 in the third quarter of 2025, up from 21 days in the third quarter of 2024.
Apartment Units
Months of inventory for apartment units numbered 8.1 at the end of the third quarter of 2025, down slightly from the 8.3 months recorded at the end of the third quarter of 2024.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite a tighter market, apartment units spent more time on the market in the third quarter of 2025 than they had a year earlier.
The median number of days on market for sold apartment units was 46.5 in the third quarter of 2025, up from 35 days in the third quarter of 2024.
