Welcome to your essential Mission Real Estate Market update! June 2025 painted a clear picture for home buyers and sellers in Mission, offering some interesting shifts and continuing trends. Let’s dive into the statistics to see what the numbers are telling us.

Key Highlights from June 2025 for Mission:

The Mission housing market saw varied activity across different property types in June:

Detached Homes:

  • Sales: 37 homes sold. This is a 15.6% increase compared to June 2024 but an 11.9% decrease from May 2025.
  • New Listings: 94 new detached homes hit the market. This marks a 19.0% rise year-over-year but a 12.1% drop from May 2025.
  • Active Listings: Inventory for detached homes grew significantly to 291 active listings, a 31.7% increase from June 2024.
  • Benchmark Price: $1,026,700. This is a slight 0.7% increase from May 2025 but a 2.8% decrease from June 2024.
  • Average Price: $1,007,268.

Townhomes:

  • Sales: 6 townhomes were sold in June, consistent with June 2024, but a notable 100.0% increase from May 2025.
  • New Listings: 12 new listings were recorded, a 36.8% decrease from June 2024 and a 42.9% decrease from May 2025.
  • Active Listings: 44 active townhome listings were available.
  • Benchmark Price: $659,600. This is a 2.4% decrease from May 2025 and a 2.3% decrease from June 2024.
  • Average Price: $654,166.

Apartments:

  • Sales: 9 apartments sold in June. This represents a 28.6% increase from June 2024 and an impressive 80.0% jump from May 2025.
  • New Listings: 11 new apartments were listed, a 38.9% decrease from June 2024 and a significant 54.2% decrease from May 2025.
  • Active Listings: 49 active listings were on the market, a 44.1% increase from June 2024.
  • Benchmark Price: $453,200. This price remained stable (0.0% change) from May 2025 and saw a slight 0.7% decrease from June 2024.
  • Average Price: $502,433.

What This Means for Buyers and Sellers in Mission

For Buyers: The consistent rise in active listings, particularly for detached homes in Mission, provides greater selection and negotiation power. While Benchmark Prices have shown some softening year-over-year for most property types, month-over-month changes indicate a more stable picture. This is a favorable time to explore Mission homes for sale and potentially secure a property with less competition than in previous years. Don’t rush your decision; take the time to find the right fit!

For Sellers: The increase in housing inventory means more competition. To stand out in the current buyer’s market, strategic pricing is paramount. Properties that are priced competitively and presented impeccably are more likely to attract attention and sell within a reasonable timeframe. It’s important to understand your Mission home’s value in today’s market.

Ready to Navigate the Mission Market?

Understanding these real estate statistics is the first step to making informed decisions. Whether you’re looking to buy a home in Mission or sell your Mission property, having a local expert by your side can make all the difference.

Curious how these numbers impact your specific real estate goals? Reach out today for a personalized market analysis!

Bob McLean Your Mission Real Estate Expert 604-302-0177