Ontario Real Estate Sales Slow

The Ontario real estate scene continues to prove just how local our market truly is. In Late-Q3, Ontario’s markets saw 1,100 home sales—a sign that activity has moderated, but the real takeaway is how much conditions still vary from county to county. For example, one county recorded 138 sales at an average price of about $516,000, with 442 new listings and 979 active homes on the market. Another county held steady with 118 sales, but the average price adjusted to roughly $635,000, and homes there took about 60 days to sell. Meanwhile, a third county saw fewer sales—just 31—but prices strengthened, averaging around $857,000, with prices up nearly 27% month-over-month and 8% year-over-year.

After nearly four decades helping people buy, sell, and invest in Prince Edward County, I can say with confidence that local knowledge is everything when it comes to real estate. These numbers highlight why specific, community-based guidance is so important—especially as municipal elections keep housing issues in the spotlight. Every neighbourhood tells its own story, and understanding those details makes all the difference.

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