Halton Hills Housing Update - Ep.277

Welcome to this week’s Halton Hills housing update! So, I have April’s numbers to report, as well as what happened in Halton Hills this week. It’s felt kind of busy, so let’s get into it! So, in April of 2025, our average price was $1,084,000. This April, our average price is $1,024,000. We are technically down about five and a half percent, but the good news is that we are back to normalcy. We have been sitting between one and 1.1 million for the past 18ish months, but then last month we dipped below $900,000 for the first time in almost six years and that was crazy! We really needed to see some of our higher priced inventory sell, and thankfully that’s started to happen. Our average price is up significantly from March which is good news. Pricing isn’t skyrocketing, but at least it’s stable. In terms of units sold, we had 53 last year and only 46 this year. It’s a slight dip and also a bit low for the spring market. Let’s hope we can see this change throughout May. 

Looking at what happened last week, Georgetown had 11 sales and 14 new listings. This is a decent week considering the gap between sales and new listings isn’t too big. Acton had one sale and five new listings this week. Glen Williams had one sale and three new listings and the rural market had three sales and six new listings, so we did have quite a few new listings in our outer markets. Something to note is that half of the sales we had last week were over a million dollars. This is great news because last month we primarily saw homes under a million dollars sell. We really want this to continue so that our market moves nicely. In terms of properties that made adjustments, we had 11 properties come off of the market, seven lower their price and two re-list at the same price. The properties that terminated really helped keep inventory stable this week. 

So, looking at active inventory, all of Halton Hills is down slightly from 209 to 205 active listings. We’re still over the 200 mark, which isn’t great, but it’s a far cry from where we were last year. Inventory also isn’t skyrocketing at the moment, so the stability is good! Georgetown is down this week from 128 to 122 active listings. It felt like we might start to see inventory pile on, but that isn’t the case right now. So, under $800,000 is up from 24 to 25 listings. There are so many great properties available in this price point and if you’re a buyer, the market isn’t going to stay this way forever. We know where pricing can go when things pick back up so get looking! Eight hundred thousand to a million is down from 28 to 24 listings. I had a listing in this pocket this week and it was super busy. We priced it well and it was a nice house but we had multiple offers and a crazy number of showings in one day, so buyers are definitely out! You just need to be pricing your property according to the market. One to 1.5 million is down from 62 to 59 listings. This is good news because we’re starting to see sales pick up here. Finally, 1.5 million plus remained the same at 14 active listings. Acton went from 26 to 28 listings, Glen Williams stayed the same at nine and the rural market remained the same at 46. Like I said, due to the terminations we had this week, inventory stayed pretty stable. We even saw a dip in Georgetown’s inventory, which is great news. 

The good thing about this week is that our average price is back on track. April was definitely a win, despite our units being down. Another thing I’m seeing is a ton of properties in the sold conditional status, and if we can keep new listings at a steady level, matching sales even, we will have a good market. So, I’ll be back next week, have a great day!