Halton Hills Housing Update - Ep.269

Welcome to this week's Halton Hills housing update! Today I'm going to review January's numbers, as well as what happened over the last two weeks since I missed last week. So, looking at January's numbers, last January, in 2025, our average price was $1,075,000. This January, we're actually down about 4% to $1,032,000. This is not a massive drop and we did have a slower start to the year coming out of a really bad year, so I’m not overly disappointed. Something to note though is that our number of units sold is down almost 40%. Last year we sold 49 units and this year we only sold 30. That is quite the drop. We knew we were seeing low sales numbers week to week, but this is one of the lowest months I can remember, even in our slow times. I do think that the market is doing pretty well overall and we did see quite a few properties sell over the past few weeks that were newly listed. Buyers seem to be out so I don’t think it’s completely dead out there. 

Looking at the past two weeks in Halton Hills, Georgetown had six sales last week and six sales this week. We also had 21 new listings over the two weeks, so inventory will be up but it’s not like we have inventory flooding the market. We also had a few terminations. Acton had three sales last week and no sales this week. They also had three new listings over the two week period. Glen Williams had no sales last week and one sale this week and no new listings. The rural market had one sale each week and six new listings. When looking at the properties that sold, we had 18 total and nine of them were under a million dollars, and nine of them were over a million dollars. Sometimes we get into a market where we have lots of sales in one price point and not another, but we’ve got a good balance going on right now which helps keep our market fueled. It’s difficult to find out the exact number of terminations and expired listings if you don’t look each week, so I don’t have exact numbers, but we did have quite a few properties come off of the market and not re-list, which is also helping keep inventory stable. 

Looking at our active inventory, all of Halton Hills is up from 138 to 143 active listings, which is only an increase of five and great news for our inventory levels. We are definitely not spiraling here. Georgetown went from 75 to 80 active listings, which is still an okay number for Georgetown. It’s climbing but also no where near where we were last fall. Looking at our price points, under $800,000 is down from 18 to 12, which feels really low considering that buyers are out. Eight hundred thousand to a million is up from 28 to 31 and we have a ton of properties listed for $999,900 in this pocket that would typically be listed for over a million. This is pretty high for this price point but it’s where the market is right now. I think there are some really good deals to be had, just knowing where our market can go. One to 1.5 million is up slightly from 25 to 26, but that’s relatively calm, and so is 1.5 million plus which went from 9 to 11. These numbers are both dramatically lower than they were last year. We saw quite a few new listings sell almost immediately, so you just need to be realistic on pricing. In Acton this week we are down from 18 to 15 listings due to terminations. Glen Williams is down from eight to six and this is the lowest the Glen has had in a year. Finally, the rural market is up from 37 to 42, which is pretty high. Hopefully we can see some more sales here before things start to really pick up in Georgetown. 

Overall, I’m not totally surprised with January’s numbers. Prices feel pretty stable and we’ve been sitting between one and $1,100,000 for over a year now. We haven’t seen a ton of variation from that range but I’m hoping by March we’ll see it closer to, if not over, 1.1 million. It’s hard to know what will happen in the market since we’ve had so many external influences over the past few years. So, I’ll be back next week, have a great day!