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Metric | Mar-24 | Mar-25 | Y/Y % Change |
---|---|---|---|
Total Sales | 2,467 | 1,825 | -26.0% |
Total Sales Volume | Data Not Available | Data Not Available | N/A |
New Listings | 3,597 | 2,723 | -24.3% |
Inventory | Data Not Available | Data Not Available | N/A |
Months of Supply | Data Not Available | Data Not Available | N/A |
Sales to New Listings Ratio | Data Not Available | Data Not Available | N/A |
Sales to List Price | Data Not Available | Data Not Available | N/A |
Days on Market | 39 | 37 | -5.1% |
Benchmark Price | $392,600 | $428,800 | +9.2% |
Median Price | Data Not Available | Data Not Available | N/A |
Average Price | $420,959 | $449,554 | +6.8% |
Index | Data Not Available | Data Not Available | N/A |
Data source:
The Bowmanville real estate market had a mixed showing in March 2025 compared to the same period in 2024. Overall residential sales declined by a significant 26.0%, falling from 2,467 units in March 2024 to 1,825 in March 2025. New listings also fell significantly by 24.3%, down from 3,597 to 2,723 year over year, indicating a slowdown in buyer interest as well as seller participation. Although sales stalled, prices actually increased. The benchmark price increased a healthy 9.2% to $428,800, and the average price also increased, 6.8% to $449,554, suggesting there is still demand out there despite reduced activity. Homes sold just a bit faster than last year, with average time on the market falling by 5.1%, from 39 days to 37. Nevertheless, with a shortage of available data for metrics like sales volume, inventory, months of supply, and sales-to-list-price ratios, a full market analysis is incomplete. Generally, the data indicates that though fewer deals were done, property values kept appreciating, indicating sustained demand in the face of limited supply.
Note: Condomonk is Canada's leading database of new pre construction homes. Information may be outdated or inaccurate. Please contact a licensed real estate agent for updated information.