Orangeville Market Summary for FEBRUARY / 2025

Sales Action

Sales are down on a monthly and yearly basis.

New Listings are substantially down on a monthly basis and up compared to December 2023.

Active Listings are down on a monthly, and significantly up compared to December 2023. Inventory is accumulating although I would be too concerned about this because the remaining months of inventory is still a tight 2.9 months of inventory.

Sales to new listings ratio (SNLR) sits on an incredible 46%

Price Action

The average price for a detached house sits at $883,875. This is up on a monthly and yearly basis. Buyers are still willing to pay top dollar for a home in Orangeville with good reason. Most of the sales are in the 700k to 899k price range. Million dollar homes are not moving so fast but this is happening across the board in the GTA.

Summary

This is still a Sellers market. Everyone wants to live in Orangeville with good reason. Strong community, lively entertainment spots, proximity to services, highways. People will continue to flock here.