Rideau-St. Lawrence Real Estate Board MLS® home sales stable, inventories continue to climb in April
The number of homes sold through the MLS® System of the Rideau-St. Lawrence Real Estate Board totaled 239 units in April 2026. This was a minor increase of 1.7% (four sales) from April 2025.
Home sales were 5.9% below the five-year average and 11.2% below the 10-year average for the month of April.
On a year-to-date basis, home sales totaled 628 units over the first four months of the year. This was a moderate decrease of 8.5% from the same period in 2025.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $535,600 in April 2026, essentially unchanged, down just 0.5% compared to April 2025.
The benchmark price for single-family homes was $554,400, a slight reduction of 0.7% on a year-over-year basis in April. By comparison, the benchmark price for townhouse/row units was $503,400, falling by 1% compared to a year earlier, while the benchmark apartment price was $284,400, a gain of 6.4% from year-ago levels.
The average price of homes sold in April 2026 was $593,588, increasing by 1.7% from April 2025.
The more comprehensive year-to-date average price was $570,252, up only 0.7% from the first four months of 2025.
The dollar value of all home sales in April 2026 was $141.9 million, up modestly by 3.4% from the same month in 2025.
The number of new listings saw a substantial increase of 31.3% from April 2025. There were 638 new residential listings in April 2026. This was the largest number of new listings added in the month of April in a decade.
New listings were 24.6% above the five-year average and 35.4% above the 10-year average for the month of April.
Active residential listings numbered 1,114 units on the market at the end of April, a sizable gain of 20% from the end of April 2025. Active listings haven’t been this high in the month of April in more than five years.
Active listings were 41.8% above the five-year average and 33.7% above the 10-year average for the month of April.
Months of inventory numbered 4.7 at the end of April 2026, up from the 3.9 months recorded at the end of April 2025 and above the long-run average of 3.4 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Board & Association Information
The Rideau-St. Lawrence Real Estate Board was incorporated in January 1954 to provide an information exchange service for Members. That exchange service has evolved into today's modern MLS® system (Multiple Listing Service®), one of the most effective real estate marketing systems in North America. The national website is www.REALTOR.ca. The Rideau-St. Lawrence Real Estate Board covers a large geographic area that includes the United Counties of Leeds & Grenville, Lanark and part of Dundas County in Eastern Ontario.
For more information,
please contact:
(613) 342-3103
rideau@bellnet.ca
Chris Wiltshire
