Varsity Apartment Market Update – November 15, 2025
Market Highlights (as of November 15, 2025)
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Average Sold Price: Over the past 12 months, apartment-style condos in Varsity have achieved an average sold price of about $336,740.
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Average Days on Market: The average selling pace over the period was around 42.6 days, which reflects a slower selling pace, with more extended marketing times before firm sales.
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Odds of Selling: Combining completed sales and current pendings, the odds of a successful sale for a apartment listing in Varsity over this window comes in at roughly 63.6%, based on 83 sold, 1 pending, and 48 that did not sell.
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Monthly Selling Rate: A total of 83 sales over the past year translates into a monthly selling rate of roughly 7 apartment sales per month in Varsity.
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Months of Inventory: With 30 active listings at the time of this snapshot and the current selling rate, months of inventory sits near 4.3 months, indicating that there is more selection on the market, and some listings may take longer to secure a buyer.
Time to Sell
The Time to Sell chart plots individual apartment sales in Varsity by days on market and sold price over the past 12 months, from 2024-11-15 to 2025-11-15. Each point represents one sold listing, with days on market on the horizontal axis and sold price on the vertical axis, plus reference lines showing the average sold price and a typical selling pace for this segment.
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Over the past 12 months, apartment listings here have taken about 42.6 days on average to go from listing to a firm sale. That’s a practical guide for how long a typical sale has taken in this segment.
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Sales that completed in less than about 17 days sit on the faster side of the chart and often reflect well-prepared listings that were aligned with recent pricing, while sales that took longer than roughly 63 days illustrate cases where extra time was needed before the right buyer and price match came together.
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Across this period, the average sold price for apartment homes in Varsity has been near $336,740, and points that sit well to the right of the typical days-on-market line highlight situations where pricing, condition, or more specialized features required additional exposure before a firm sale.
Odds of Selling
The Odds of Selling chart summarizes how many apartment listings in Varsity have sold, how many are still on the market, and how many were removed without a completed sale over the past 12 months, from 2024-11-15 to 2025-11-15. It also rolls those counts into an overall estimate of the percentage of listings that ultimately reach a firm sale.
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Odds of Selling: In the last year, the apartment segment in Varsity has seen 83 completed sales and 1 pending deals, alongside 30 active listings and 48 that ended without a sale. Rolled up, that translates into about 63.6% of listings eventually reaching a firm sale.
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Monthly Selling Rate: Spread over the year, that activity works out to roughly 7 apartment sales per month in Varsity, a straightforward read on how much buyer demand has been in play.
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With around 4.3 months of inventory derived from 30 active listings and the recent selling rate, there is more selection on the market, and some listings may take longer to secure a buyer
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In this context, “not sold” captures listings that were terminated, expired, or withdrawn without reaching a firm sale, which helps distinguish between properties that successfully completed the moving process and those that left the market for other reasons.
Buying Pattern
The Buying Pattern chart shows how many apartment sales in Varsity were completed in each of the last 12 months, including 11 full months plus the current month-to-date, so you can see how activity has moved through the year between 2024-11-15 and 2025-11-15.
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The busiest months for closed apartment sales over this period were Apr 2025, where the bar heights sit at the top of the chart for this 12-month window.
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On the quieter side, months such as Nov 2025 sit closer to the bottom of the chart, illustrating periods where fewer apartment sales were recorded.
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Across the 12-month window, monthly closed sales ranged from about 1 to 11 deals, for a total of 77 completed sales. That lines up with the monthly selling rate of roughly 7 sales per month shown in the broader odds-of-selling view.
Price vs. Square Footage
The Price vs. Square Footage chart focuses on the last three months of apartment sales in Varsity, plotting each sale by interior size on the horizontal axis and sold price on the vertical axis. A trend line is overlaid to summarize how sale prices have tended to move as square footage changes in this recent sample.
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Recent closed apartment sales in this view span from around 608.9 sq. ft. through to roughly 1,543.0 sq. ft., and within that range the trend line suggests a fairly strong relationship where higher square footage has recently been associated with higher sale prices.
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On this chart, most recent apartment sales fall into a familiar size range for this community. That gives a practical sense of how buyers have been valuing extra square footage in everyday day-to-day trades. This view is based on about 15 sales over the most recent three-month period.
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Taken together with the average sold price of roughly $336,740 over the full 12-month window, the chart can be used as a directional guide: you can locate a home's square footage on the horizontal axis, follow it up toward the trend line, and get a sense of where similar recent sales have been concentrating on the price scale.
Key Takeaways
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Market tilt: With months of inventory sitting near 4.3 months, overall conditions in the apartment segment of Varsity point toward a more balanced environment. That shapes how much leverage buyers and sellers have when they negotiate around recent comparables.
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Listing outcomes: Over the last 12 months, roughly 63.6% of apartment listings in Varsity have either sold or are currently pending, while the remainder were withdrawn or expired. That makes it important to align pricing and preparation with where most successful sales have been landing on the charts.
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Time to sell: The typical apartment listing in Varsity has taken around 38 days to firm up, which means the selling process has often required a longer marketing window before firming up; for planning purposes it is wise to allow for some variability around that median.
Other Property Types in Varsity
Want to see the market trend for other property types in Varsity?
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