Norfolk County Real Estate Board
Real Estate Board — Market Data & Trends
Overview
Board Report
Key Takeaways
June 2026- “Norfolk County’s market turned a corner in June, with the number of home sales marking an impressive 17.3 per cent increase over May and an 11.8 per cent increase over the same period last year.
- While the average sale price was down from last year, the more reliable MLS® Home Price Index (HPI) posted a 2.1 per cent increase month-over-month and a more moderate 2.7 per cent decrease year-over-year.
- The MLS® Home Price Index (HPI) was $564,300 in June 2026, an increase of 2.1% month-over-month and a decline of 2.7% on a year-over-year basis.
Source: Norfolk County Real Estate Board
At 8.7 months of inventory, supply significantly exceeds demand. Buyers can take their time, negotiate aggressively, and choose from a wide selection. Sellers must price very competitively and be patient.
Norfolk County Real Estate Board Narrative
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.
“Norfolk County’s market turned a corner in June, with the number of home sales marking an impressive 17.3 per cent increase over May and an 11.8 per cent increase over the same period last year. While the average sale price was down from last year, the more reliable MLS® Home Price Index (HPI) posted a 2.1 per cent increase month-over-month and a more moderate 2.7 per cent decrease year-over-year. Norfolk County was the only market area within our jurisdiction to post a monthly HPI increase,” said Bill Duce, CEO of Cornerstone. “Also unique to Norfolk is the increase in new listings coming to market, which has caused another spike in the months’ supply. Buyers and sellers will benefit from a local REALTOR® who can help you make an informed decision and navigate Norfolk’s distinct market dynamics.”
Norfolk Area Highlights:
Norfolk County home sales increased 17.3% month-over-month.
The number of newly listed properties increased by 12.8% on a month-over-month basis.
The MLS® Home Price Index (HPI) was $564,300 in June 2026, an increase of 2.1% month-over-month and a decline of 2.7% on a year-over-year basis.
The supply of inventory across the market increased by 13.9% on a year-over-year basis, and there was an 8.7-month supply of all property types by the end of June.
For more information https://cornerstone.inc/housing-market-statistics/
Market Balance
Months of Inventory
With 8.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Source: Norfolk County Real Estate Board via CREA MLS
Period: June 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.