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:
