June 1, 2026   

Looking at the numbers a little more closely, Southgate recorded the highest number of sales in May, which isn’t entirely surprising given it also had the lowest average sale price across the areas we track. More affordable price points continue to attract a larger pool of buyers. West Grey followed with the second-highest number of sales for the month.

While May recorded the highest number of sales we’ve seen so far this year, it’s important to look beyond the headline number. Of the 51 properties that sold, only five sold for more than $1 million. The majority of the activity continues to be concentrated in the lower and mid-price ranges, where affordability remains a key factor for many buyers.

Another trend that continues to stand out is the number of price reductions taking place before properties sell. While reviewing comparable sales for a current listing recently, every sold property in the analysis had reduced its price at least once before selling. One property reduced twice, another three times, and one required four separate price reductions before finding a buyer. This doesn’t mean every property needs a price reduction, but it does highlight how important accurate pricing is in today’s market. Buyers have choices, they’re well-informed, and they’re quick to compare value across competing listings.

Breakdown by Area

Here’s how May 2026 shaped up compared to May 2025 in key areas of our region:

*All my stats come from the local real estate board and are for freehold residential listings in Grey Highlands, West Grey, Chatsworth Twp and Southgate. 

Here’s a quick breakdown to compare the total numbers for the past 6 months, plus May 2025:

May 4, 2026   

As we moved through April, we saw an increase in the number of sold listings with 39 properties selling compared to 28 in March, and also 28 sold in April of last year. At the same time, active listings rose from 234 at the end of March to 300 by the end of April, meaning buyers are starting to see more options and competition between listings is growing. I do believe we’ll continue to see inventory increase as more properties hit the market over the coming weeks. It was a slower start than normal for spring listings, and the weather may have played a role in delaying some sellers from getting to market.

For example, over the last seven days alone, there were 57 new listings that hit the market across all property types including residential, farm, vacant land, and commercial properties. During that same timeframe, there were 28 price reductions and 23 sold properties, meaning we are currently seeing more price reductions happening than sales. We also saw 148 properties expire from the market, which continues to show that pricing strategy and positioning matter more than ever in today’s market. Even with the increase in inventory, buyers are still active, showings are continuing regularly, and well-priced properties are still attracting strong attention.

Breakdown by Area

Here’s how April 2026 shaped up compared to April 2025 in key areas of our region:

*All my stats come from the local real estate board and are for freehold residential listings in Grey Highlands, West Grey, Chatsworth Twp and Southgate. 

Here’s a quick breakdown to compare the total numbers for the past 6 months, plus April 2025:

March’s average sale price came in noticeably higher than February, but it’s important to look at what’s behind that number. There were three properties over 25 acres, including one 150-acre parcel, along with three lakefront sales. Those types of properties can push the average up and don’t always reflect the typical home. 

We saw 28 sales in March, up from 22 in February and also higher than the 24 sales in March of last year. Active listings sat at 234 at month end, compared to 221 the month before. Even with that increase, the pace of new listings feels a bit slower right now. A big part of that is likely the move-up market hesitating, and that group usually drives a lot of our inventory. If you’ve been thinking about making a move, it could be a good time to have a conversation and look at your options.

Breakdown by Area

Here’s how March 2026 shaped up compared to March 2025 in key areas of our region:

*All my stats come from the local real estate board and are for freehold residential listings in Grey Highlands, West Grey, Chatsworth Twp and Southgate. 

Here’s a quick breakdown to compare the total numbers for the past 6 months, plus March 2025:

February was pretty busy on our end, even though the overall number of sales was down. In total, 22 properties sold, compared to 34 last February.

That said, our busyness doesn’t mean it’s a good time to casually test the market. The homes that are selling right now are because the sellers have made a clear decision that it’s time to move.

My sense heading into the spring market is that it will likely stay active for that same reason. The sellers who are stepping forward right now aren’t just curious. They’ve decided it’s time for their next move and they’re approaching the process with a plan.

Of the 22 properties that sold, only three sold over $700,000, and just one of those sales was over $1 million, coming in at $1,250,000. Because the majority of the activity was in the lower price ranges, the average sale price for February came in at just over $566,000. 

Breakdown by Area

Here’s how February 2026 shaped up compared to February 2025 in key areas of our region:

*All my stats come from the local real estate board and are for freehold residential listings in Grey Highlands, West Grey, Chatsworth Twp and Southgate. 

Here’s a quick breakdown to compare the total numbers for the past 6 months, plus February 2025:

From a numbers standpoint, January was very much in line with last year, with 21 sales this January compared to 20 in January 2025. Even with challenging weather, activity held steady.

What feels different this year is the overall tone of the market. Last January was consistent, though slightly behind the previous year, and momentum faded as uncertainty crept in. This year feels more measured and stable. Buyers are showing up, but they’re cautious and very value focused.

That’s where pricing comes in. Many of the sales we’re seeing right now are happening because of aggressive, realistic pricing, not simply because the market is more active. Price adjustments continue to play a key role in triggering showings and offers, and there is still uncertainty around where pricing ultimately settles.

Takeaway for homeowners: buyers are active, but pricing is doing the heavy lifting. Homes that meet today’s market are the ones moving, while overpricing continues to lead to longer days and adjustments.

Breakdown by Area

Here’s how January 2026 shaped up compared to January 2025 in key areas of our region:

*All my stats come from the local real estate board and are for freehold residential listings in Grey Highlands, West Grey, Chatsworth Twp and Southgate. 

Here’s a quick breakdown to compare the total numbers for the past 6 months, plus January 2025: