FALCON MARKET SNAPSHOT – NOVEMBER 2025

Falcon’s market slowed in November with fewer sales and reduced rental activity, but prices held steady
across houses, units, and land. Listings remained low, keeping pressure on buyers.

SALES
There were 19 residential sales recorded during the month, down 26.9% from October. The median dwelling price remained at $745,000, unchanged for the month and up 16.6% over the year.

LISTINGS
There were 10 properties listed for sale at the end of November, a 28.6% monthly decrease and 65.5% lower than this time last year. Stock remains critically low across all property types.

LAND
Two land sales were recorded during November with a median price of $375,000, unchanged for the month. This represents 7.1% growth over three months and 53.1% year on year. Land sold in a median of 9 days, moving slightly faster than last month.

SALES TIME ON MARKET
Homes sold in a median of 8 days, one day faster than in October. Houses sold in 26 days, units in 44 days, and land in 9 days, showing stronger buyer urgency for vacant lots and established homes.

RENTALS
There were 5 residential leases signed during the month, down 28.6% from October and 28.6% lower year on year. The median rent dropped to $550 per week, a 1.8% decline from last month but still 3.8% higher than a year ago.

RENTALS TIME ON MARKET
There were 6 rental properties listed at the end of November. Homes leased in a median of 25 days, 3 days faster than in October, indicating healthy ongoing demand despite reduced activity