Single detached
Months of inventory for single detached homes numbered 5.8 at the end of the third quarter of 2025, up from the 4.6 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, 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 24 in the third quarter of 2025, up slightly from 19 days in the third quarter of 2024.
Semi-detached
Months of inventory for semi-detached units numbered 3.5 at the end of the third quarter of 2025, up from the 2.2 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.
With a more balanced market, semi-detached 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 semi-detached units was 20 in the third quarter of 2025, up slightly from 17 days in the third quarter of 2024.
Condominium townhouse
Months of inventory for condominium townhouse units numbered 4.5 at the end of the third quarter of 2025, unchanged from the 4.5 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.
Despite an equally balanced market, condominium townhouse 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 condominium townhouse units was 28 in the third quarter of 2025, up slightly from 24 days in the third quarter of 2024.
Condominium apartment
Months of inventory for condominium apartment units numbered 6.9 at the end of the third quarter of 2025, up slightly from the 6.8 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, condominium 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 condominium apartment units was 33 in the third quarter of 2025, up slightly from 28 days in the third quarter of 2024.
