Woodstock Ingersoll Tillsonburg & Area Association of REALTORS

The number of homes sold through the MLS® System of the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS® totaled 163 units in July 2026. This decreased by 7.4% (13 sales) from July 2025.

Home sales were 19.7% above the five-year average and 0.9% below the 10-year average for the month of July.

On a year-to-date basis, home sales totaled 1,011 units over the first seven months of the year. This was a modest gain of 3% from the same period in 2025.

“After a stronger-than-usual start to the summer, July sales returned to levels more consistent with long-term seasonal patterns. At the same time, the number of newly listed homes remained robust, giving buyers a healthy range of options and helping keep market conditions relatively balanced with only a slight tilt in favour of buyers,” said Derrek de Jonge, President of the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS®. “The MLS® HPI Composite Benchmark price continued to hold within a narrow range despite being lower than a year ago, a sign that pricing remains stable rather than seeing any dramatic shifts this year. With conditions relatively stable, both buyers and sellers are in a position to make thoughtful, well informed choices.”

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 $578,200 in July 2026, falling by 4.7% compared to July 2025.

The benchmark price for single-family homes was $596,000, a decline of 4.8% on a year-over-year basis in July. By comparison, the benchmark price for townhouse/row units was $376,600, down by 5.2% compared to a year earlier.

The average price of homes sold in July 2026 was $611,287, down modestly by 2.1% from July 2025.

The more comprehensive year-to-date average price was $614,406, a minor decrease of 2.1% from the first seven months of 2025.

The dollar value of all home sales in July 2026 was $99.6 million, a moderate decrease of 9.3% from the same month in 2025.

The number of new listings rose by 14.8% from July 2025. There were 364 new residential listings in July 2026. This was also the largest number of new listings added in the month of July in history.

New listings were 18.8% above the five-year average and 36.3% above the 10-year average for the month of July.

Active residential listings numbered 762 units on the market at the end of July, a gain of 4.8% from the end of July 2025. Active listings haven’t been this high in the month of July in more than a decade.

Active listings were 22.6% above the five-year average and 60.4% above the 10-year average for the month of July.

Months of inventory numbered 4.7 at the end of July 2026, up from the 4.1 months recorded at the end of July 2025 and above the long-run average of 3.2 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.