July Market States

by Sam Dabbagh

LSTAR’S MARKET STATS FOR JULY 2025

JULY SALES AND AVERAGE PRICE REMAIN STABLE

In July, 725 homes exchanged hands via LSTAR’s MLS® System, up 28.1% compared to the same month a year ago. That’s the best month of sales for July since 2021.

Average sales price was in line with June, coming in at $648,273, down just 0.6% compared to July 2024. Meanwhile, the Composite MLS® Home Price Index (HPI) Benchmark Price was $578,900, down 0.3% from a month ago.

“Historically we see less activity during the summer season, so these numbers are very encouraging. The housing market continues the pattern reflected over the last few months, with more new listings and robust inventory. The overall sales-to-new listing ratio was 44.6%, which the CREA would indicate as a balanced market.” – Dale Marsh, 2025 LSTAR Chair

READ THE FULL STATS RELEASE

KEY HIGHLIGHTS FOR JULY

LSTAR’S STATS PACK FOR JULY 2025

LSTAR’s July 2025 Stats Package has 808 pages. Because it is a large file, it might take a long time to load on your screen.

This Stats Pack includes the MLS® HPI benchmark prices for all neighbourhoods and subdivisions that fall under the jurisdiction of LSTAR, as well as descriptions of benchmark homes for each of these.

DOWNLOAD THE FULL STATS PACK

To download a more condensed version of LSTAR’s Stats Package, click here.

To navigate the Stats Pack PDF file in your web browser, use the list of bookmarks displayed at the left of your screen.

If you save the Stats Pack PDF file on your computer, go to Menu>View>Show/Hide>Side Panels>Bookmarks. You can also click on the magnifying glass/search symbol from the upper right corner of your page and type the name of the city/region you’re interested in.

For example, to find information about London East, go to “East Residential”. Information about London North can be found under “North Residential”, and London South data is under “South Residential”.