The Central Lakes Association of REALTORS (CLAR) president says housing sales were up in almost all of their regions in January, indicating a strong start to 2025.
Vicki Sweeney says there has also been a big increase in the number of listings year-over-year.
Hastings County recorded an average home price of $511,637 in January 2025, with 102 properties sold. This marks a slight increase from 100 sales in January 2024. However, active listings more than doubled year-over-year, rising from 249 to 514.
Prince Edward County also saw an increase in sales, rising from 15 in January 2024 to 21 in January 2025, while the average price declined from $704,597 to $679,824 over the same period.
In Northumberland County, the average price declined to $639,707 from $709,097 in January 2024, with sales decreasing slightly from 82 to 79. Active listings saw a notable increase of 27% year over year.
Peterborough recorded 89 sales in January 2025, with an average price of $605,229, reflecting a 5.3% decrease from $639,268 in January 2024. Despite the drop in price, active listings rose significantly, increasing 76% from 195 in January 2024 to 345 in January 2025.
Kawartha Lakes saw a 7.5% increase in average price, rising to $755,211 from $702,016 in January 2024. The number of sales in the region also rose slightly from 51 to 53 over the same period.
In Durham Region, the average home price in January 2025 was $896,611, showing a slight increase from $894,825 in January 2024. A total of 489 sales were recorded, a decrease from 539 the previous year.
Sweeney says, “With the recent tariff announcements, we will be engaging with all levels of government to address the potential spin-off impact on the housing market.”
The organization also remains focused on housing policy as Ontario approaches the upcoming provincial election.
“We will be actively participating in all candidate events and debates and advocating for all political parties to make housing a top priority,” says CLAR CEO Wendy Giroux. “The Ontario Real Estate Association’s A Home for Everyone 2025 platform outlines pro-growth, pro-ownership, and pro-affordability policies that aim to reduce homeownership costs, boost consumer confidence, and increase housing supply. CLAR fully supports this platform and will be advocating for its adoption over the next month.”
