Cornerstone Association of REALTORS - Norfolk County

Norfolk County September Statistics

The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.

“Home sales in Norfolk County were down more than 25% in September, while new listings rose 4.2% over the same period last year, the only increase among Cornerstone’s major market areas,” said Bill Duce, CEO of Cornerstone. “The MLS® Home Price Index was also strongest in Norfolk compared with any other market, both month-over-month and year-over-year. With 9.5 months of supply by the end of September and inventory up more than 21% year-over-year, Norfolk had the highest level of housing supply across our coverage area. Buyers therefore have a wider range of options to explore, so sellers need to be strategic with pricing and presentation. Whether you’re buying or selling, partnering with a local REALTOR® who understands your community is the best way to navigate today’s market with confidence.”

Norfolk Area Highlights:

  • There were 12 fewer sales in September than in the previous month.

  • The number of newly listed properties increased by 25.8% on a month-over-month basis.

  • The MLS® Home Price Index (HPI) was $567,900 in September 2026, a 0.4% increase month-over-month and a decline of 3.4% on a year-over-year basis.

  • The supply of inventory across the market increased by 21.1% on a year-over-year basis, and there was a 9.5-month supply of all property types by the end of September.

For more information https://cornerstone.inc/housing-market-statistics/

BOARD & ASSOCIATION INFORMATION

ABOUT CORNERSTONE Cornerstone Association of REALTORS® (Cornerstone) is a not-for-profit organization with over 325 years of collective service from its founding associations. Established on July 1, 2024, Cornerstone leads with purpose, advocates boldly, and creates positive change for the success of our members throughout Mississauga, Burlington, Hamilton, Waterloo Region, Niagara North, Haldimand County, Norfolk County, and surrounding areas. With nearly 8,000 members, Cornerstone is the second-largest REALTOR® association in Ontario, dedicated to promoting the greater good of the real estate community.


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For more information, please contact:__
Phone: (519) 426-4454
communications@cornerstone.inc

Chair
Drew Hemsley

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