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 96 units in February 2026, a decrease of 21.3% from February 2025.

Home sales were 25.3% below the five-year average and 28.4% below the 10-year average for the month of February.

On a year-to-date basis, home sales totaled 168 units over the first two months of the year. This was a decline of 18.8% from the same period in 2025.

“February delivered a modest lift to sales, but overall activity is still well below what is typical for this time of year. New listings cooled from both last month and last year yet came in right on par with the five-year average for the month and above the longer-term norm,” said Derrek de Jonge, President of the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS®. “Overall inventory continues to stand out, with notably more homes available than a year ago. Active listings also continue to be elevated versus historical levels. In this kind of market, buyers can take their time, and sellers need to price and prepare thoughtfully to stand out. In local news, it was encouraging to see the recent announcement from the provincial and federal governments supporting new affordable housing in our region. This is a welcome step forward to helping restore affordability in the entry level and purpose built segments in the long term.”

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 $573,200 in February 2026, a decrease of 6.6% compared to February 2025.

The benchmark price for single-family homes was $593,100, a moderate decrease of 6.2% on a year-over-year basis in February. By comparison, the benchmark price for townhouse/row units was $360,200, a substantial decline of 15.2% compared to a year earlier.

The average price of homes sold in February 2026 was $614,137, decreasing by 6.9% from February 2025.

The more comprehensive year-to-date average price was $615,913, a decline of 5.9% from the first two months of 2025.

The dollar value of all home sales in February 2026 was $59 million, down sharply by 26.7% from the same month in 2025.

The number of new listings saw a decrease of 8.9% from February 2025. There were 214 new residential listings in February 2026.

New listings were 0.1% above the five-year average and 11.6% above the 10-year average for the month of February.

Active residential listings numbered 573 units on the market at the end of February, a sizable gain of 10.2% from the end of February 2025. Active listings haven’t been this high in the month of February in more than a decade.

Active listings were 45.7% above the five-year average and 77% above the 10-year average for the month of February.

Months of inventory numbered 6 at the end of February 2026, up from the 4.3 months recorded at the end of February 2025 and above the long-run average of 2.7 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.