Brampton Real Estate Market Update: Cooling Prices and Shifting Inventory Dynamics
Over the past 12 months, the data indicate a noticeable decline in average sold prices in Brampton. Comparing the most recent month (March 2025, average price ~$954K) to March 2024 (average price ~$1,028K) reveals a significant year-over-year dip, reflecting a short-term cooling in market sentiment. Price changes over the shorter term, such as a -2.69% drop in one month and a -5.77% drop over the past year, underscore this downward pressure even as longer-term performance remains robust (with 5-year and 10-year gains of 27.35% and 114.51% respectively). Meanwhile, the market dynamics show an imbalance: declining sales-to-new listings ratios (dropping from above 45% in early 2024 to 22.73% in March 2025) and rising months of inventory (increasing to over 6 months), coupled with an increase in days on market (from 16 days in March 2024 to 24 days in March 2025), suggest that properties are taking longer to sell amid a growing inventory of active listings and new listings flooding the market.
The current spike in inventory and slower sales signal a market in transition that may favor buyers in the immediate term, as the supply-demand balance shifts and properties face more competitive pricing. For real estate agents, this environment calls for strategic pricing, strong marketing, and managing client expectations regarding time on market. While the near-term outlook appears more subdued and buyer-friendly, agents should also keep the long-term strong fundamentals in mind, where sustained value appreciation over 5- and 10-year periods can offer reassurance to investors and homeowners planning for the future.
Read the full article on: Toronto Regional Real Estate Board
