Renfrew County Real Estate Board Reports Balanced Market Conditions for August 2026

Renfrew County Real Estate Board — August 2026

The Renfrew County Real Estate Board reports that 128 homes sold in August 2026, with an average price of $514,500. New listings totaled 198, marking a significant decrease in supply compared to previous years.

Market Analysis

In August 2026, the Renfrew County real estate market displayed balanced conditions, with a sales-to-new-listings ratio (SNLR) of 64.6%. This indicates a stable market where supply and demand are relatively aligned. Total sales decreased by 4.5% compared to August 2025, reflecting a broader trend of reduced sales activity, which is 6.3% below the five-year average and 21.4% below the 10-year average for this month. Despite the decline in sales, the average price of homes rose by 8.1% year-over-year, suggesting that demand remains strong for available properties.

Property Type Analysis

While specific sales data for detached, attached, and apartment properties is not available, the overall market dynamics indicate that detached homes likely continue to dominate the market, as they often attract higher demand. The limited number of new listings—198 in August—suggests that all property types are facing competitive conditions, particularly for buyers seeking entry into the market.

Regional Highlights

The number of active listings rose to 615 units, a 13.1% increase from August 2025, marking the highest level of active listings in August in over five years. This increase in inventory, coupled with a months of inventory figure of 4.8, indicates that buyers may have more options than in previous years, although the overall market remains competitive due to the lower number of new listings.

For Buyers

Prospective buyers are advised to act promptly as the market remains competitive despite the increase in active listings. With the average price at $514,500, buyers should be prepared to make competitive offers, particularly as new listings are at their lowest in over 15 years.

For Sellers

Sellers should consider pricing their homes strategically to attract buyers in a balanced market. With active listings at a five-year high, presenting a well-maintained property and leveraging current market trends can help achieve favorable sale conditions.