Cornwall and District Real Estate Board

The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 252 units in April 2026. This was down sharply by 16.8% from April 2025.

Home sales were 13.5% below the five-year average and 15.5% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 770 units over the first four months of the year. This was a substantial decrease of 13.2% from the same period in 2025.

“Demand and supply moved in completely opposite directions in April, as sales marked a downturn while new listings rocketed up to their highest April on record,” said Derek McEwen, President of the Cornwall and District Real Estate Board. “It seems like buyers and sellers were on totally different pages last month. Sellers came out in force, showing up in strong numbers to start the spring market, while buyers tepidly stood outside. It will be interesting to see if trends move the opposite way now that the first moves have been made by each group over the remainder of the spring.”

The average price of homes sold in April 2026 was a record $553,372, a moderate gain of 6.3% from April 2025.

The more comprehensive year-to-date average price was $526,113, increasing by 1.3% from the first four months of 2025.

The dollar value of all home sales in April 2026 was $139.4 million, a sharp decrease of 11.6% from the same month in 2025.

The number of new listings was up sharply by 33.3% from April 2025. There were 685 new residential listings in April 2026. This was also the largest number of new listings added in the month of April in history.

New listings were 31.1% above the five-year average and 37.7% above the 10-year average for the month of April.

Active residential listings numbered 1,209 units on the market at the end of April, an increase of 28.3% 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 47% above the five-year average and 28.6% above the 10-year average for the month of April.

Months of inventory numbered 4.8 at the end of April 2026, up from the 3.1 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.