Summer is usually a time when things cool down in the real estate world - but this July, our neighbourhoods stayed active and full of movement. From higher listing volumes to more stable sales numbers, there’s a lot to unpack.
Let’s break down what happened in Clanton Park and Bathurst Manor during the month of July:
📍 Clanton Park
We saw 18 active listings in July, which is quite high for the area. Typically, we don’t see numbers like that, so this marks a notable uptick in inventory.
Despite the increase, the market stayed strong with 9 sales, putting us at 2 months of inventory. That’s a big shift from the 6–7 months of inventory we were seeing just a month earlier, highlighting how quickly things can change.
Key Stats:
- Average Days on Market (DOM): 32 days
- Average Sale Price: $1.7 million
- Sale-to-List Price Ratio: 93%
While homes are still selling below asking on average, we’re seeing consistent movement - especially for bungalows, splits, and smaller two-storey homes. It’s clear that even with more listings, buyers are still actively engaged.
📍 Bathurst Manor
In contrast, Bathurst Manor saw a bit more of a typical summer slowdown. We had 26 active listings but only 5 sales, which brings us to 5.2 months of inventory - a more balanced market leaning toward the slower side.
Key Stats:
- Average Days on Market (DOM): 23 days
- Average Sale Price: $1.4 million
- Sale-to-List Price Ratio: 94%
Homes are still moving, but the pace is more measured, and sellers should be prepared for longer timelines and more negotiation.
Final Thoughts
The headlines might suggest uncertainty in the market, but when we zoom in locally, the story is more balanced. Clanton Park is showing strong demand despite higher inventory, while Bathurst Manor is reflecting the slower rhythm of summer.
Whether you're buying, selling, or just keeping an eye on the market, it's important to understand what’s really happening on your street - not just what’s in the news.
📞 If you’re thinking about making a move or want to know what your home is worth in today’s market, I’m happy to chat.