What's Really Happening in The Preserve
June 2025 Update
June brought some interesting plot twists to The Preserve that most agents won't tell you about. Here's what's actually happening in our expanded neighbourhood boundaries:
Buyers - this is your moment. With only 32.6% of new listings actually selling, you've got serious negotiating power. Homes that would've been gone in days are sitting there waiting for the right offer. No more panic bidding wars.
Sellers - we need to talk strategy. The market shifted hard in June. While overall average prices jumped 13.1% from May to $1,546,256, that's misleading. Look deeper and you'll see detached homes actually dropped 3.3% to $1.86M, and townhouses fell 5.7% to $1.04M. The "average" only went up because more expensive homes happened to sell.
The real story? Townhouses are getting hammered. Down 22.9% year-over-year from $1.35M to $1.04M. That's a $308,000 reality check. Detached homes are holding better but still down 4.5% from last June.
What's working: Homes are selling faster - 18 days average versus 23 in May. But here's the kicker: only 14 homes sold out of 43 new listings. In a normal market, that ratio would be closer to 50-60%.
The bigger picture: We sold 250% more homes than June 2024 (14 vs 4), but days on market went from 11 to 18. Translation? There's activity, but buyers are being selective. Really selective.
My take: The Preserve is still The Preserve - great schools, community feel, solid long-term prospects. But the "buy at any price" frenzy is over. Smart sellers are pricing to today's reality, not last year's headlines. Smart buyers are taking their time to find the right property at the right price.
The market's not broken - it's just honest again.
I'm watching every transaction, every listing, every trend so you don't have to
June 2025 Market Stats
Average Sold Price
$1,546,256
Townhouse Average Sold Price
$ 1,039,700
Detached Average Sold Price
$ 1,861,348
Average Days on Market
18
Number of New Listings
43
Number of Homes Sold
14
How These Numbers Affect Your Home
These numbers aren't just stats - they hit your wallet directly. With our expanded Preserve boundaries to Sixth Line, different pockets are doing different things, and where your home sits in this mix matters more than ever.
For sellers, here's the reality check: pricing right is everything now. We had 43 new listings but only 14 actually sold. That means buyers have serious choices. The homes that moved in those 18 days? They were priced for today's market, not what your neighbour got six months ago or what you think it should be worth.
This isn't about taking less money - it's about getting real with the market. Price it right from day one and you're looking at 18 days to sold. Price it based on wishful thinking and you'll watch better-priced homes sell around you while yours sits there getting stale. That first pricing decision pretty much decides everything that happens next.
The Preserve Market Stats
The Preserve Average Sold Price
The Preserve Detached Average Sold Price
The Preserve Number of New Listings
The Preserve Townhomes Average Sold Price
The Preserve Average Days on Market
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.