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 132 units in March 2026. This was a sizable gain of 15.8% from March 2025.

Home sales were 11.6% below the five-year average and 24.4% below the 10-year average for the month of March.

On a year-to-date basis, home sales totaled 299 units over the first three months of the year. This decreased by 6.9% from the same period in 2025.

“March brought a solid rebound in sales activity, rising sharply from February and moving above the 100-sale mark. While sales were still below typical March levels, more new listings and a meaningful increase in active inventory have given buyers more choice heading into the traditionally busier spring market,” said Derrek de Jonge, President of the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS®. “The MLS® HPI Composite Benchmark Price was relatively stable but continues to be pressured downward by the apartment segment. In a market like this, working with a local REALTOR® can help buyers and sellers navigate changing conditions, understand neighbourhood-level trends, and make more informed decisions.”

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 $583,800 in March 2026, a moderate decrease of 4% compared to March 2025.

The benchmark price for single-family homes was $605,100, falling by 3.5% on a year-over-year basis in March. By comparison, the benchmark price for townhouse/row units was $353,900, a sharp decrease of 15.8% compared to a year earlier.

The average price of homes sold in March 2026 was $657,667, a gain of 8.4% from March 2025.

The more comprehensive year-to-date average price was $634,124, nearly unchanged, down only 0.5% from the first three months of 2025.

The dollar value of all home sales in March 2026 was $86.8 million, an increase of 25.5% from the same month in 2025.

The number of new listings saw a moderate decrease of 6.3% from March 2025. There were 315 new residential listings in March 2026.

New listings were 8.5% above the five-year average and 17.9% above the 10-year average for the month of March.

Active residential listings numbered 631 units on the market at the end of March, increasing by 2.3% (14 listings) from the end of March 2025. Active listings haven’t been this high in the month of March in more than a decade.

Active listings were 41.7% above the five-year average and 77% above the 10-year average for the month of March.

Months of inventory numbered 4.8 at the end of March 2026, down from the 5.4 months recorded at the end of March 2025 and above the long-run average of 2.4 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.