Sami Chowdhury

📍 Scarborough Real Estate Market Blog – March 2025

Scarborough, located in Toronto’s east end, continues to deliver strong value and steady performance across its residential real estate segments. In March 2025, the area saw consistent sales activity, particularly in family-friendly neighborhoods like Birch Cliff, Bendale, and Woburn. For buyers seeking space, transit access, and affordability within city limits, Scarborough remains one of the best-positioned markets.

📊 Market Highlights (Estimated):

• Average Selling Price: $875,000

• Average Listing Days on Market (LDOM): 26 days

• Sales-to-List Price Ratio: 98.5%

🏘️ Neighborhood Performance

Scarborough spans several active MLS districts, each offering distinct advantages:

🗂️ E04 – Dorset Park, Kennedy Park, Ionview

• Bungalows and semis popular among first-time buyers.

• Strong transit access via Kennedy Subway and GO.

• Fast-moving homes under $1M.

🗂️ E05 – Tam O’Shanter-Sullivan, Agincourt South-Malvern West

• Mix of 2-storey homes and newer townhomes.

• Family-friendly, close to STC and schools.

• Stable pricing with high family demand.

🗂️ E06 – Birchcliffe-Cliffside, Oakridge, Clairlea-Birchmount

• Character homes with lake access and development potential.

• Attracting renovators and professionals.

• Gentrifying with solid long-term growth.

🗂️ E07 – Agincourt North, Milliken

• Spacious detached homes, popular among extended families.

• High-ranking schools and diverse amenities.

• Competitive prices just under $1M.

🗂️ E08 – Guildwood, Scarborough Village, Cliffcrest

• Larger homes on generous lots.

• Lakefront lifestyle, close to GO transit.

• Premium homes moving steadily.

🗂️ E09 – Woburn, Morningside

• Affordable condos and bungalows.

• Centennial College & UofT Scarborough campus nearby.

• Ideal for first-time buyers and investors.

🗂️ E10 – West Hill, Highland Creek, Port Union

• Suburban appeal with a blend of condos and detached homes.

• Scenic neighborhoods near Highland Creek and waterfront trails.

• Increasing interest from GTA relocators.

🗂️ E11 – Malvern, Rouge

• Diverse housing mix including townhomes and newer detached homes.

• Accessible to Hwy 401, Rouge Park, and Malvern Mall.

• One of the more affordable areas, ideal for first-time buyers and investors.

• Suburban appeal with a blend of condos and detached homes.

• Scenic neighborhoods near Highland Creek and waterfront trails.

• Increasing interest from GTA relocators.

🔍 Buyer & Seller Insights

For Buyers: Scarborough offers tremendous upside value. With inventory levels climbing modestly and prices holding stable, buyers have time to explore options. Many homes are selling with conditions, signaling less bidding pressure than central Toronto.

For Sellers: Homes that are well-maintained and priced right are moving swiftly. With an average of just 26 days on market and a 98.5% sale-to-list ratio, sellers can feel confident when listing — particularly in school-focused or transit-accessible zones.

🔄 Market Trends

The market remains balanced, with neither buyers nor sellers fully in control. However, as interest rates ease and more first-time buyers re-enter the market, expect renewed competition in entry-level and mid-tier properties.

Scarborough's long-term value is further supported by ongoing infrastructure investments, including the Eglinton East LRT extension and waterfront revitalization plans.

🧭 Final Word

Scarborough continues to strike the perfect balance: affordability, accessibility, and livability. Whether you're purchasing your first home, upsizing for more space, or investing in a diverse and growing community, March 2025 shows that Scarborough is still on the rise.

Source: Toronto Regional Real Estate Board (TRREB) Market Watch – March 2025

🏡 Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:

• 🛢️ Gas Stations for Sale

• 🏢 Commercial & Industrial Properties

• 🏠 Residential Homes Across the GTA

• 🏨 Hotels & Motels Investment Opportunities

• 🏗️ Pre-Construction Condo Projects

• 🏙️ Condo Resale Listings in the GTA

📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!

🏢 GTA Condo Market Report – Q4 2024

Improved Affordability, Rising Sales & a Buyer’s Market Taking Shape

The Greater Toronto Area (GTA) condo market showed renewed signs of life in the fourth quarter of 2024, as affordability improved due to lower borrowing costs and softening prices. TRREB’s Q4 2024 report reflects strong year-over-year growth in sales volume, rising inventory, and steady buyer interest—especially from renters looking to enter the ownership market.

📈 Sales Surge Amid Lower Prices

Condo apartment sales in Q4 2024 totaled 4,307 units, a 25.5% increase from Q4 2023 (3,432 units). This growth is largely attributed to the improving affordability landscape, helped by the Bank of Canada's rate cuts in the latter half of the year.

💰 Average Price Dips Slightly

The average selling price across all TRREB areas dropped to $689,198, down 1.6% from the Q4 2023 average of $700,735. This price softness, combined with improved financing conditions, made homeownership more realistic for first-time buyers.

Notably, Toronto proper accounted for two-thirds of all condo sales, with an average price of $717,226, only slightly down from a year ago—suggesting demand remains strong in central, well-connected locations.

🏙️ Regional Breakdown – Q4 Average Condo Prices

🆕 Listings & Inventory Soar

There were 10,677 new listings in Q4 2024, up 9.3% from the 9,766 in Q4 2023.
The active listings inventory rose dramatically to 6,450 units, a 43% increase, giving buyers plenty of choice and negotiation power.

⏱️ Time on Market Increases

Condo apartments spent 37 days on market on average in Q4 2024 — up from 30 days a year ago. This 23.3% increase reflects a more cautious buyer base and a growing inventory pool.

🛏️ What Types of Condos Are Selling?

By Bedroom Type (GTA-wide share):

• One-Bedroom: 33%

• Two-Bedroom: 25%

• One-Bedroom + Den: 19%

• Bachelor: 14%

• Two-Bedroom + Den: 7%

• Three-Bedroom: 1%

This spread shows growing demand for functional space, especially as more renters transition to ownership.

💬 Market Insight

📉 Prices are gently declining
📈 Sales are rebounding
🏠 Buyers now have leverage
💸 Mortgage rates are easing

With interest rates expected to decline further into 2025, buyer demand—especially from renters—will likely increase. However, the abundance of inventory will keep price growth modest, making it a great time to enter the market.

Source: Toronto Regional Real Estate Board – Condo Market Report Q4 2024

🔍 Thinking of Buying or Investing?

Use our smart property search tools:

• 🏢 Search GTA Condos

• 🛢️ Gas Stations for Sale

• 🏨 Hotels & Motels

• 🏗️ Pre-Construction Condos

📩 Let’s connect and talk strategy!
Sami Chowdhury
📧 samichy@torontobase.com
🌐 www.torontobased.com | www.torontobase.ca

In real estate, you never know what kind of surprises a home showing will bring. We see the beautiful, the bizarre, and occasionally… the downright hilarious.

A colleague of mine — let’s call him Mike — recently shared a story that had us all in stitches at the office. It’s the kind of tale that reminds us real estate is full of unexpected twists, and sometimes, a touch of fur.

🏠 The Perfect Listing... Almost

Mike was showing a cozy semi-detached in a quiet neighborhood to a sweet young couple buying their first home. The place was immaculate — freshly staged, great lighting, a Pinterest-worthy kitchen.

Everything was going smoothly. The buyers were loving it. Then they walked into the kitchen.

👻 Cue the “Haunted” Dishwasher

As they admired the granite countertops, the dishwasher made a strange, low growling sound.

The wife jumped. The husband stared at it.

Then — no joke — the dishwasher hissed. Followed by a long, eerie meoooowww.

The wife stepped behind her husband like they were in a horror movie. She whispered, “Is that thing… haunted?”

Mike, trying to stay professional, assured them, “Appliances sometimes make odd noises when they’re cycling.”

But then, the dishwasher banged, and out of nowhere, a soaking wet, grumpy cat leapt out of it and sprinted through the kitchen.

😹 The Mystery Solved

Apparently, the homeowner’s cat liked to nap in the dishwasher. The owner had done a rinse cycle earlier, and when she left for the showing, the cat had snuck back in unnoticed.

Luckily, the cat wasn’t harmed (just a bit offended), and the buyers — after the initial shock — laughed it off. They ended up submitting an offer. But yes, they did request a professional appliance cleaning in their conditions.

🧽 Moral of the Story?

If you’re listing your home, double-check your dishwasher. And if you have a cat? Maybe a closed door and a jingle bell wouldn’t hurt.

💡 Why Stories Like This Matter

It’s not always granite counters and great school districts — real estate is about people, quirks, and the unpredictable moments that make this job so interesting.

Behind every sale is a story… and sometimes, a wet cat hiding in a Whirlpool.

🏡 Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:

• 🛢️ Gas Stations for Sale

• 🏢 Commercial & Industrial Properties

• 🏠 Residential Homes Across the GTA

• 🏨 Hotels & Motels Investment Opportunities

• 🏗️ Pre-Construction Condo Projects

• 🏙️ Condo Resale Listings in the GTA

📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!

Based on data published by the Toronto Regional Real Estate Board (TRREB). This analysis reflects insights from their March 2025 Market Watch report and related sources.

Buyers Regain Ground as Listings Surge and Prices Stabilize

The Toronto Regional Real Estate Board (TRREB) has released its latest market stats for March 2025, and the numbers tell a compelling story — the residential real estate market across the Greater Toronto Area (GTA) is shifting noticeably in favour of buyers. With inventory up, prices softening, and sales declining, we’re seeing the effects of a more balanced, if not buyer-leaning, market.

🔢 Average Selling Price Down, But Stabilizing Month-over-Month

The average selling price across all home types in the GTA in March 2025 came in at $1,093,254, marking a 2.5% decrease compared to March 2024. While this year-over-year drop reflects the continued adjustment from post-pandemic peaks, the market showed signs of short-term stability with a 0.3% increase month-over-month (seasonally adjusted) from February 2025.

Price Breakdown by Property Type:

• Detached: $1,439,268

• Semi-Detached: $1,111,791

• Townhouses: $908,169

• Condo Apartments: $682,019

This data indicates that while high-interest rates are cooling the market, demand remains for specific segments, especially entry-level condos and townhouses.

📉 Total Sales Decline as Market Activity Slows

📊 Source: TRREB March 2025 Market Watch Report (PDF)

There were 5,011 residential transactions recorded in March 2025 — a 23.1% drop compared to March 2024, when 6,519 homes were sold. Seasonally adjusted figures show that sales also fell slightly compared to February 2025, down 2.4% month-over-month (from 4,326 to 4,221).

Sales by Property Type:

• Detached: 2,155

• Semi-Detached: 485

• Townhouses: 899

• Condo Apartments: 1,404

Buyers are being cautious — likely a result of continued high borrowing costs and economic uncertainty — but still active in lower-priced market segments.

📈 New Listings See a Sharp Increase

📊 Source: TRREB Monthly Market Stats

A total of 17,263 new listings hit the market in March 2025 — a 28.6% increase from March 2024. This represents a significant boost in inventory and is one of the most critical factors shaping buyer behavior right now.

The sales-to-new listings ratio has dropped to 29% (compared to 49% last year), indicating that supply is outpacing demand — a signal that we are moving further into a buyer’s market territory.

⏳ How Long Are Homes Taking to Sell?

While homes are taking fewer days on market overall, there’s a slight contrast between time-to-sell and time-to-list:

• Property Days on Market: 25 days in March 2025 (down from 29 days in 2024)

• Listing Days on Market: 24 days in March 2025 (up from 20 days in 2024)

This data suggests that while buyers are acting faster once engaged, listings are sitting a little longer — likely due to increased competition and more cautious buying decisions.

📊 HPI & Seasonality Trends

📊 Source: MLS® Home Price Index – TRREB

According to the MLS® Home Price Index (HPI):

• Prices peaked in 2022, corrected through 2023–2024,

• As of March 2025, pricing trends show stabilization or early signs of a modest rebound.

Seasonally adjusted activity confirms that while spring remains the busiest season, 2025 is trending lower overall in transaction volume, indicating softened demand despite seasonal norms.

💬 What Does This Mean for Buyers & Sellers?

Buyers:

• More listings, less competition

• Opportunity to negotiate and include conditions

• Great time to buy, especially in the condo and townhouse segments

Sellers:

• Need to price strategically and stage for impact

• Homes are still selling, especially in high-demand price ranges and well-connected locations

Investors:

• Opportunities in a cooling market where future appreciation is likely once interest rates ease

• Consider pre-construction and high-rental-demand areas

🧭 Explore More Real Estate Opportunities

Looking to take advantage of this changing market? Use these specialized tools and search portals:

• 🛢️ Gas Stations for Sale

• 🏢 Commercial Properties

• 🏠 Residential Home Listings

• 🏨 Hotels & Motels

• 🏗️ Pre-Construction Condos

• 🏙️ Condo Resale in GTA

📩 Need help navigating the market?

Contact Sami Chowdhury today for expert guidance:

• 📧 samichy@torontobase.com

• 🌐 www.torontobased.com | 🌇 www.torontobase.ca