The November market brought little surprise, largely reflecting the consistent trends we've seen through most of 2025. High inventory levels persist, sales activity remains subdued, and benchmark prices continue to decline year-over-year. This dynamic has kept buyers in a powerful position, patiently waiting for the right opportunity amidst ample selection, while sellers find themselves adjusting expectations as homes take longer to sell.
Looking ahead, December typically marks the slowest period for real estate activity. We anticipate a slowdown in sales and a reduction in inventory levels as sellers cancel their active listings over the holiday season.Despite the challenging market conditions, I am dedicated to assisting my clients with their buying and selling needs during these uncertain times. Feel free to reach out anytime for a thorough insight into the market, including recent changes and future trends, to determine the best timing for your specific needs. There are plenty of opportunities for both buyers and sellers; all you need is the right support team.
I look forward to delivering a comprehensive year-over-year analysis in January. Until then, we here at Steveston Real Estate wish you a happy holiday season!
- Sean Lawson, President of Steveston Real Estate Group RE/MAX Westcoast
