Real Estate Market Snapshot – 2025 in Review
In the interest of brevity, my focus for this report will be the three key trading areas and home types with which I have the most expertise: sales of residential condominiums and detached homes in The Blue Mountains, Collingwood and northwest Clearview. I also serve Wasaga Beach and Meaford and would be pleased to provide an analysis for those areas for you upon request.
The “Buyers’ Market” trend from 2024 continued and deepened into 2025 across the communities mentioned above, with Buyers who had the ability and confidence to purchase getting deals not seen since 2019. Detached homes took sizable hits selling at an average of 8% to 10% less than last year. As in 2024, the listings that DID sell averaged over two months to do so, indicating that Buyers continue to feel no urgency in their purchase decision and indeed, see so much choice, that it sometimes impairs their decision making. Most listings had to reduce their original asking prices as the 2025 market continued to stall, and overall, listings sold at 4% – 5% under their final asking prices. There was an average of 264 new listings each month (down from 366 in ’24) but maintaining the same average of sales ratio (about 28% selling). May & June were the months of most listings and most sales. What might the future hold? … Summarizing four national measurements of Consumer Confidence, as of this writing, consumer confidence in Canada remains low and subdued, reflecting ongoing economic uncertainties. While there have been minor upticks in some quarters, the overall low confidence signals caution among households regarding spending, employment, and the economic outlook into 2026. This is what is causing the big market correction we are experiencing, so very realistic Sellers will sell, and forward thinking Buyers will take advantage of the plethora of choice and lack of competition for the purchase they desire.
HIGHS, LOWS & SPECIFICS (brackets show 2024 values)
COLLINGWOOD:
Less sales, values down.
- The high sale was a 4300 SF waterfront home at Princeton Shores in January for $3.5M.
- The low sale was a 1 bedroom, 1 bath condo in Living Stone (aka Cranberry) in February for $255,000.
- 193 (222) condo sales; avg of 69 (61) days on market (DOM), avg sale-to-list-price ratio of 96.3% (96.7%); avg sale price of $588,239 ($666,916), down almost 12%.
- 308 (401) single-family home sales; avg DOM of 49 (48); avg sale-to-list-price ratio of 96.3% (96.3%); avg sale price of $890,792 ($988,387), down almost 10%.
THE BLUE MOUNTAINS:
More condo sales with little loss in value, less detached home sales and values down.
- The high sale was a 4800 SF new home near Craigleith Ski Club in October for $5,700,000.
- The low sale was a 409 SF studio condo in the Westin at The Village at Blue in November for $235,000.
- 100 (87) condo sales; avg of 63 (62) DOM; avg sale-to-list price ratio of 96.3% (96.4%); avg sale price of $663,062 ($667,074), only down about ½ a percentage point.
- 199 (223) single-family home sales; avg DOM of 68 (62); avg sale-to-list-price ratio of 95.3% (95.3%); avg sale price of $1,375,399 ($1,490,354), down almost 8%.
CLEARVIEW (northwest):
Many less sales with values down about 8%.
- The high sale was a 37 acre view property with estate home between Nottawa & Singhampton in April for $3,750,000.
- The low sale was a 2 bedroom, 1 bath home in Singhampton in September for $365,000.
- 68 (109) single-family home sales; avg of 58 (54) DOM; avg sale-to-list-price ratio of 96.3% (97.1%); avg sale price of $1,006,142 ($1,092,612), down approx. 8%.
Data based in whole or in part on MLS® System data owned by the Association covering Jan. 1, 2024 – Dec. 16, 2025.
