What's Really Happening in The Preserve
August 2025 Update
If August felt slow around here, that’s because it was. It usually is. Last August only four homes sold in The Preserve, and while this year hit seventeen, it’s still one of the quietest months of the year. Families are traveling, kids are home, and selling just isn’t a priority.
Buyers had more choice again. Forty-six new listings came up in August, up from forty-one in July. Seventeen homes sold — seven detached and ten townhouses. Homes sat around thirty days on average, so you’ve got time to make careful decisions.
Sellers saw prices slide. The average dropped from $1.47M in July to $1.37M in August. Detached held near $2M, but townhouses slipped to $935K from $1.05M, an 11% drop month to month. The homes that moved were priced for today’s market, not yesterday’s.
The real story: Homes are sitting longer. Detached averaged 24 days on market, townhouses stretched to 35. Last August the overall average was 19. Buyers are patient, and they know they’re in control.
What’s working: Homes priced for today are still moving. Detached and townhouse sales both ticked up slightly from July, which shows the market isn’t frozen. It’s just selective.
The bigger picture: Year over year, sales are way up. Seventeen homes sold this August compared to just four last year. That sounds impressive, but supply is still outrunning demand, and buyers are setting the pace.
My take — The Preserve hasn’t changed. Schools, community, and long-term appeal are all still here. What’s gone is the “list high and wait” strategy. August is just the summer pause. September will give us the real story.
The market’s not falling apart, it’s just seasonal and honest. I’m watching every listing, every sale, and every trend so you don’t have to.
August 2025 Market Stats
Average Sold Price
$ 1,373,282
Townhouse Average Sold Price
$ 935,200
Detached Average Sold Price
$ 1,999,114
Average Days on Market
30
Number of New Listings
46
Number of Homes Sold
17
How These Numbers Affect Your Home
These numbers aren’t just stats. They shape exactly what happens when you decide to sell. In August, buyers had 46 new options to choose from. Your home isn’t competing against two or three others anymore. It’s up against dozens.
The 17 homes that sold weren’t always the best houses or locations. They were the ones priced for what buyers are willing to pay right now.
Detached homes that sold averaged just under $2 million and held fairly steady. Townhouses told a different story. Prices dropped from $1.05M in July to $935K in August — an 11 percent slide in one month. Sellers who adjusted to that shift got deals done. Those who didn’t are still sitting.
The math is simple but unforgiving. Price it to move and you’re in that group of 17. Price it hoping the market comes back to you and you’re with the 29 new listings that didn’t sell. That gap between realistic pricing and wishful thinking is costing people weeks on market and thousands in carrying costs.
The Preserve Market Stats
The Preserve Average Sold Price
The Preserve Detached Average Sold Price
The Preserve Townhomes Average Sold Price
The Preserve Average Days on Market
The Preserve Listing to Sales Ratio
The Preserve Number of New Listings
The Preserve Number of Homes Sold
What does your home's true market value look like in today's Preserve market?
I provide a detailed valuation that includes:
How your specific location within the expanded Preserve boundaries affects your value
Which of your home's features are currently commanding premiums with today's buyers
A precise pricing strategy based on the actual 18-day average selling timeline
Competitive analysis against the 42 other active listings you'd be competing with
Discover Your Preserve Home's True Value
You've seen the neighbourhood evolve. Market conditions shift. Your home's value changes with them. Let me create a detailed evaluation that cuts through the noise and gives you clear, honest insights about where your Preserve property stands today.
I'm happy to provide this personalized analysis whenever you're curious – with absolutely no strings attached.
Evaluation includes a detailed breakdown of how The Preserve's expanded boundaries and current market conditions specifically impact your property's value.
I’ve kicked off a monthly giveaway just for our community. Every month, one resident wins a gift card to local favourites like Fortinos, Spoon & Fork, Piano Piano, and more.
To enter, all you have to do is sign up for my neighbourhood updates. I keep it simple—just useful info about what’s happening in the market and around the Preserve, without any of the real estate fluff.
I started this to give back a little and make it easier to stay in the loop on changes that actually matter to homeowners here.