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 141 units in August 2026. This was a small gain of 1.4% (two sales) from August 2025. Residential sales haven’t hit this level in the month of August in five years.

Home sales were 10.7% above the five-year average and 8.5% below the 10-year average for the month of August.

On a year-to-date basis, home sales totaled 1,152 units over the first eight months of the year. This increased by 2.8% from the same period in 2025.

“August brought a more typical pace to the market, with sales easing from July but still finishing slightly ahead of the same month last year and above the five year average for the month. New listings also pulled back, dipping below 300 for the first time since February, although the number of newly listed homes remained well above the historical norm for this time of year,” said Derrek de Jonge, President of the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS®. “Overall inventory held steady at elevated levels, continuing to offer buyers a healthy range of options to choose from. Prices softened modestly across all housing types year over year, pulling the MLS® HPI Composite Benchmark Price slightly lower from July. With supply remaining strong and sales activity holding close to seasonal norms, market conditions continue to be relatively balanced, with buyers maintaining a slight edge. That balance should create opportunities for both buyers and sellers as we move into the fall market.”

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 $576,800 in August 2026, a moderate decrease of 4% compared to August 2025.

The benchmark price for single-family homes was $593,400, falling by 4.2% on a year-over-year basis in August. By comparison, the benchmark price for townhouse/row units was $383,500, a modest decline of 3.3% compared to a year earlier.

The average price of homes sold in August 2026 was $629,833, a modest gain of 1.9% from August 2025.

The more comprehensive year-to-date average price was $616,294, down modestly by 1.6% from the first eight months of 2025.

The dollar value of all home sales in August 2026 was $88.8 million, a minor increase of 3.4% from the same month in 2025. The dollar volume of all homes sold hasn’t been this high in the month of August in five years.

The number of new listings saw a small gain of 2.9% (eight listings) from August 2025. There were 288 new residential listings in August 2026. This was the largest number of new listings added in the month of August in more than 15 years.

New listings were 8.4% above the five-year average and 22.1% above the 10-year average for the month of August.

Active residential listings numbered 746 units on the market at the end of August, increasing by 6.6% from the end of August 2025. Active listings haven’t been this high in the month of August in more than a decade.

Active listings were 22.7% above the five-year average and 62.8% above the 10-year average for the month of August.

Months of inventory numbered 5.3 at the end of August 2026, up from the 5 months recorded at the end of August 2025 and above the long-run average of 3.3 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.