The average price of Scarborough Homes Decreased in May 2025
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The average price of Scarborough Homes Decreased in May 2025!
Freehold Attached Market
The freehold attached houses' average price, including townhouses and semi-detached houses, was down 2.1% from the previous month, down 4.0% from the same month last year. The average time to sell this type of home is around 27.6 Days. The current month of inventory of Attached houses in Scarborough is about 4.1. Therefore, this segment of housing is currently in a Buyer's Market.
Freehold Detached Market
The average price of detached houses was unchanged v.s. last month, down 10.2% from the same month last year. Approximately 87.0% of total freehold units sold in Scarborough last month are Detached houses. If you plan to buy a detached home in Scarborough, you will need to spend an average of $1.1M. The current month of inventory of detached dwellings in Scarborough is around 3.26. The new listings were up 14.3% from the previous month, and up 28.8% from the same month last year.
Condo Market
The condo market is a Strong Buyer's Market. It takes an average of 29 days to sell a condo unit in Scarborough. The average price was down 2.3% from the previous month, down 7.8% from the same month previous year. The new listings were up 13.0% from the previous month, and up 19.2% from the same month last year.
If you plan to move to Scarborough or you want to learn more about real estate investment opportunities in Scarborough, please contact Scarborough real estate agent Realtor Alan Zheng at 647-877-9311.
- 183 Willowdale Ave
Toronto, ON, M2N 4Y9, Canada - 647-877-9311
- alan@mycanadahome.ca
- www.mycanadahome.com
