The Central Lakes Association of Realtors has released its October 2025 Housing Market Statistics, showing relatively stable sales activity across most regions as the fall market progresses.
While some areas experienced price adjustments and a continued build-up in inventory, these trends are helping to create greater balance and more options for buyers in CLAR’s Region.
“October’s numbers show that buyers and sellers are adapting to today’s economic realities,” said CLAR President Christine Riley. “We’re seeing continued moderation in prices across several markets, which may open new opportunities for buyers who were previously priced out, especially following the recent interest rate adjustment to 2.25-per cent.”
Hastings County reported 163 sales in October, slightly below September’s 168, but up from 152 one year earlier. The average selling price was $502,746, reflecting a market adjustment from September’s $559,101 and aligning closely with the $502,330 average recorded in October 2024.
Active listings rose to 846 from 746 a year ago, offering a wider range of options for buyers, while homes spent an average of 47 days on market compared to 37 the year prior.
Prince Edward County saw continued momentum with 49 sales, matching last month and more than doubling October 2024’s sales of 24. The average selling price reached $832,428, an 11.5% increase year-over-year and up 5.14% from September. New listings rose to 124 from 39 last year, while homes spent an average of 40 days on the market, improving from the 52 day average in October 2024.
Northumberland County’s average selling price rose to $712,876, marking a 6.16% month-over-month increase and 3.15% year-over-year gain. The Region also realized a gain in recorded sales of 137, up from 129 last month and 117 in October 2024. New listings climbed to 295, compared to 253 last year, with homes spending an average of 43 days on the market, up slightly from 38 days.
“The Ontario Government’s proposed rebate of the 8% provincial portion of the HST for certain first-time home buyers comes at a pivotal moment,” said CLAR Chief Executive Officer Wendy Giroux, “This measure would provide meaningful financial relief for those working toward their first home purchase. Incentives like this not only help lower costs for first-time home buyers, but also bring renewed optimism and attainability to a market that’s been evolving in response to broader economic conditions.”
More can be found at this link.
(BROCK ORMOND)
