The 1st Quarter Edition (Jan-Mar) of our Stratford Real Estate Market Report will examine:
- Number of Sales
- Average Sale Price
- Days on Market
Summary
The Stratford real estate market continues to show resilience in the first quarter of 2025, despite a backdrop of economic uncertainty and cautious consumer sentiment. While year-over-year comparisons may raise eyebrows at first glance, a closer look reveals the nuance behind the numbers—and reason for optimism.
In Q1 2025, average sale prices in most property categories have held steady or rebounded from late-2024 fluctuations. Detached homes remain a consistent pillar of value in Stratford, averaging $639,619 in March 2025, following a dip to $615,147 in February. Semi-detached homes also bounced back to an average of $600,000 in March, up from $562,750 in February.
One key trend influencing the overall average price figures is the increased volume of townhome sales, many of which are newer or more modestly priced units. While this has helped meet the needs of first-time buyers and downsizers, it has skewed the overall market data downward compared to 2024. In fact, townhome prices show a wider variance than other property types, with an average of $587,150 in February and $574,000 in March—both higher than some months in 2024, though still affected by intermittent zero-sale months due to seasonal supply shifts.
Condo prices, meanwhile, showed a significant recovery from their December low of $374,000, ending March at $611,940—nearly back to peak levels seen in mid-2024. This suggests renewed buyer interest in lower-maintenance lifestyle properties, possibly in response to shifting demographics and lifestyle preferences.
While overall activity has not surged, it’s clear that buyers are watching and waiting. We believe many are sitting on the sidelines in anticipation of larger national and international developments—namely, the upcoming Canadian federal election and evolving tariff policies from the Trump administration in the U.S. These macroeconomic factors are contributing to a more tentative market, where confidence may return swiftly once clarity is restored.
The fundamentals in Stratford remain strong: a vibrant cultural community, expanding employment opportunities, and lifestyle amenities that continue to attract new residents. For buyers, this is a market of opportunity. For sellers, accurate pricing and expert representation remain key to standing out in a competitive landscape.
We remain optimistic about the balance of 2025 and are closely watching early indicators that suggest a more active spring market. If you’re considering buying or selling this year, now is the time to connect and strategize.
Average Sale Prices (Q1 2025):
- Detached Home: $655,521
- Semi-Detached Home: $586,248
- Townhouse: $449,250
- Condominium: $551,288
Total Sales (Q1 2025): 95 Sales
1- Year Trends
Examined both Monthly & Quarterly
In Stratford, quarterly data is a much more accurate picture of the true market trends, due to the low number of sales in some months.
Average Sale Prices
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
First Quarter (Jan-Mar) year-over-year change from 2024 to 2025:
Detached Home: -3.6%
Semi-Detached Home: +1.6%
Townhouse: +29.2%
Condominium: -7.3%
Number of Sales
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
First Quarter (Jan-Mar) year-over-year change from 2024 to 2025
Detached Home: -9.4%
Semi-Detached Home: -22.2%
Townhouse: +433.3%
Condominium: -30.0%
Days to Sell
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
- Detached homes are now averaging 7 weeks on the market, down from 9 weeks at this time last year.
- Semi-detached homes have seen a slight improvement, with average days on market decreasing to 3–4 weeks, compared to 4–5 weeks last year.
- Townhouses are selling even faster, averaging just 1 week on the market, down from 2 weeks a year ago.
- Condos are also moving quicker, now averaging 13.5 weeks on the market compared to 17 weeks this time last year.
All statistics gathered independently from PropTx®.
This publication is not to be copied or duplicated without the express written permission of Roxanne Finn.
This publication is not intended to solicit buyers or sellers currently under contract with a brokerage.
