Welcome to this week's Halton Hills housing update! It’s been a few weeks since my last update but I’m going to be recapping what happened in February and what happened last week in Halton Hills. So, looking at February numbers, in 2025, our average price was $1,075,000. This February, we are down about 6% to $1,011,000. For the last year and a bit we’ve been hovering between one and 1.1 million as our average price, and this month was no different. The market feels quiet right now, and prices do feel a bit softer too. In terms of units sold, last year we had 37 and this year we had 36. Last February is when the market really started to shift because of politics, and were at the same point numerically this year. It’ll be interesting to see if these numbers remain in March, or if we start to see things pick up (which I hope we do). Overall, I think February was a very slow month and it doesn’t seem like inventory or sales are about to skyrocket.
So, looking at what happened this week, I’m not going to cover the past three weeks of sales but new listings but it seems like both are starting to pick up a little bit in Georgetown. Last week we had 12 sales, which is a good number, and 16 new listings. This isn’t as high as we’ve seen but it is higher than our sales so I’m hoping this will stay at bay. Nine of the 12 properties that sold this week were for less than a million dollars, which we needed to see. Our other markets, Acton, Glen Williams, and the rural market, have all been very slow lately. I believe only three or four of the sales in February were outside of Georgetown so things are very quiet. Acton had three new listings last week. There were no new listings in the Glen and the rural market had three new listings as well. Sales and new inventory are both slow in these markets, especially compared to Georgetown. It’s an interesting trend to watch because I thought that we would have seen properties that terminated a while ago come back to the market by now, but that doesn’t seem to be the case. I will say that my last update was February 10th and our inventory has increased from 138 to 161 in three weeks, but most of that is in Georgetown. Georgetown went from 78 to 97 listings in the past three weeks, so we are seeing inventory starting to climb but it doesn’t feel crazy. So, under $800,000 is up from 13 to 17 listings. Eight hundred thousand to a million is up from 31 to 32 and a lot of the sales we saw were in this pocket. One to 1.5 million is up from 26 to 36, which is still low when compared to where we came from, but that is a pretty big jump. Finally, 1.5 million plus is still very low, having gone from eight to 12 listings. There are virtually no buyers in this pocket right now but as a seller there isn’t much competition either, so if you’re priced right, now would be a good time to sell. Acton is up from 15 to 17 listings, Glen Williams is down to only five, which is so low, and the rural market is up from 39 to 42, which is high, but at least it’s not 60+ like we saw last year.
Overall, February was a decent month for inventory. Our numbers weren't crazy and we’re still only half of what we were in September. Inventory is slowly climbing, but it’s better than when it skyrockets, which it’s done a lot over the past year. I am really hopeful that with the spring weather on it’s way, we will see buyers come out. Prices are good and I’m honestly surprised we aren’t seeing more buyer activity. The market feels both busy and dead, it’s weird. So, I’ll be back next week. Have a great day!
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