09/15/2026
August 2026 Market Update: What changed from July?
The numbers tell a mixed story across our local markets. Detached-home benchmark prices softened everywhere, with month-over-month declines ranging from 0.25% in Mapleton to 2.80% in Howick.
Here in Minto, activity remained steady with 12 homes sold in both July and August. The average sale price increased from $623,184 to $652,417, while the median time on market improved from 67 days to 50.
Sales increased in Mapleton and West Grey, while activity slowed in Wellington North, North Perth and Guelph/Eramosa. Days on market also varied significantly, showing just how local today’s market really is.
One important reminder: average sale prices can shift considerably depending on the types of homes sold in a given month. Benchmark prices provide a more consistent measure and those numbers suggest buyers remain cautious and focused on value.
For sellers, accurate pricing, strong presentation and patience continue to matter.
Source: OnePoint Association of REALTORS®, PropTX MLS® System and CREA Home Price Index.
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