MEADOW SPRINGS MARKET SNAPSHOT – SEPTEMBER 2025

Meadow Springs had a stronger September for sales, with listings down sharply and rental turnover easing as tenant activity slowed and availability increased slightly.

Sales
There were 16 residential sales recorded during the month, up 33.3 percent from August. The median house price settled at $726,000, reflecting annual growth of 11.7 percent. While this is slightly down from the previous month, prices remain stable overall.

Listings
Only 7 houses were listed for sale at the end of September, down 50 percent from August and more than 56 percent lower than this time last year. Across all property types, just 8 listings remained, marking extremely tight supply.

Land
Land activity remained very low. The most recent data reports a median land price of $370,000, with land selling in a median of 12 days. There were no land listings at the end of the month.

Sales Time on Market
Houses sold in a median of 10 days, five days slower than in August but still well below long-term averages. Units sold slightly faster at 12 days, while land also remained quick to turn over.

Rentals
Rental activity slowed significantly with only 6 leases signed in September, down 60 percent from August. The median rent rose slightly to $640 per week for houses and held steady at $520 for units.

Rental Time on Market
There were 11 properties listed for rent at the end of September, up from 6 the previous month. Homes leased in a median of 24 days, while units took slightly longer at 31 days, showing a slower-paced rental market.