In November, pending sales increased 22% year over year, indicating demand, with 3,034 properties under contract compared to 2,486 last year. Active listings remained elevated compared to previous years but dropped 17% when compared to October 2024. Months supply of inventory increased to 2.5 months, a 25% year over year rise. Overall, typical seasonal trends dominated in November, with most metrics declining month over month, except for condo pricing, days on market, and showings-related stats.

Supply - Active Listings

In November, active supply was down month over month (-17.2%) but remained elevated when compared to November 2023, which saw 6,765 active listings.

New Listings

November saw 2,642 new properties enter the market. This…

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