Cornwall and District Real Estate Board

The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 319 units in June 2026. This was a minor decrease of 1.5% (five sales) from June 2025.

Home sales were 3.6% above the five-year average and 5.2% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 1,381 units over the first six months of the year. This was a large decline of 13.7% from the same period in 2025.

“Although home sales jumped on a monthly basis, levels were largely unchanged on a year-over-year basis despite the second highest June for new listings in history,” said Derek McEwen, President of the Cornwall and District Real Estate Board. “Sellers are obviously motivated and still trying to entice buyers, but the response on the buyer side has been tepid as of late. As a result, overall inventories have risen sharpy over the past several months. Our market is still in balanced territory for the time being but it is inching closer to being tilted in favour of buyers as supply continues to outpace demand.”

The average price of homes sold in June 2026 was $507,491, decreasing by 7.2% from June 2025.

The more comprehensive year-to-date average price was $519,536, a modest decline of 1.7% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $161.9 million, down by 8.6% from the same month in 2025.

The number of new listings saw an increase of 7.4% from June 2025. There were 624 new residential listings in June 2026. This was the largest number of new listings added in the month of June in a decade.

New listings were 9.2% above the five-year average and 18.6% above the 10-year average for the month of June.

Active residential listings numbered 1,305 units on the market at the end of June, a sizable gain of 26.5% from the end of June 2025. Active listings haven’t been this high in the month of June in more than five years.

Active listings were 35.7% above the five-year average and 29.1% above the 10-year average for the month of June.

Months of inventory numbered 4.1 at the end of June 2026, up from the 3.2 months recorded at the end of June 2025 and above the long-run average of 3 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.