AUGUST 2026 NEW TECUMSETH REAL ESTATE MARKET UPDATE

August brought a relatively steady market, with sales remaining close to July while available inventory declined.

 55 homes sold — down slightly from 57 in July, but up nearly 20% from August 2025
 127 new listings — virtually unchanged from July
 266 active listings — down 5% month-over-month and almost equal to last August
 The average sale price rose to $825,444 — up 13% from July, but 4% below last year
 The benchmark price decreased to $761,400 — down approximately 2% from July and 4% year-over-year
 Months of Inventory was 5.4, indicating a fairly balanced market with buyers still benefiting from good selection and negotiating opportunities

The significant rebound in the average price reflects the mix of homes sold during August. The benchmark price remains the better indicator of the market’s overall direction and continues to show modest downward pressure.

For sellers, proper pricing remains extremely important. For buyers, lower prices, reduced competition and a good selection of homes continue to create opportunities.

Thinking about buying or selling in New Tecumseth? Let’s talk about what these numbers mean for your plans.

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