Grey Bruce Real Estate Market Update – March 2026

March marked the beginning of the spring real estate market across Grey and Bruce Counties, with a noticeable increase in activity and inventory levels. Buyers are re-entering the market with more confidence, while sellers are taking advantage of improved conditions and seasonal momentum.

Across the region, we’re seeing a more balanced market take shape. Inventory levels have risen in several municipalities, giving buyers more choice, while sale-to-list price ratios remain strong—showing that well-priced homes are still attracting solid offers.

Below is a breakdown of key market statistics for March 2026 across Grey Bruce.

Owen Sound

• Average Price: $465,096
• Benchmark Price: $397,400
• Sales: 25
• Active Listings: 73
• Months of Inventory: 2.9
• Median Days on Market: 37
• Sale-to-List Ratio: 97%

Owen Sound remains one of the more active markets in the region, with strong absorption and relatively tight inventory.

Chatsworth

• Average Price: $895,467
• Benchmark Price: $554,100
• Sales: 6
• Active Listings: 14
• Months of Inventory: 2.3
• Median Days on Market: 25.5
• Sale-to-List Ratio: 98.8%

A very tight market with low inventory and strong sale prices, indicating competitive buyer activity.

Arran-Elderslie

• Average Price: $427,450
• Benchmark Price: $403,700
• Sales: 4
• Active Listings: 33
• Months of Inventory: 8.3
• Median Days on Market: 31.5
• Sale-to-List Ratio: 93.2%

More balanced conditions here, with higher inventory levels creating opportunities for buyers.

West Grey

• Average Price: $829,980
• Benchmark Price: $546,700
• Sales: 5
• Active Listings: 72
• Months of Inventory: 14.4
• Median Days on Market: 18
• Sale-to-List Ratio: 97.9%

A higher inventory market with quick sales when properties are priced correctly.

Southgate

• Average Price: $515,000
• Benchmark Price: $557,900
• Sales: 1
• Active Listings: 21
• Months of Inventory: 21.0
• Median Days on Market: 29
• Sale-to-List Ratio: 98.1%

Limited sales activity this month, but strong sale-to-list ratios suggest serious buyers are still active.

Meaford

• Average Price: $2,000,000
• Benchmark Price: $617,000
• Sales: 4
• Active Listings: 83
• Months of Inventory: 20.8
• Median Days on Market: 95.5
• Sale-to-List Ratio: 95.7%

Luxury and waterfront sales are influencing averages, with longer timelines and higher inventory.

Hanover

• Average Price: $464,886
• Benchmark Price: $468,000
• Sales: 14
• Active Listings: 49
• Months of Inventory: 3.5
• Median Days on Market: 68
• Sale-to-List Ratio: 94.5%

A relatively balanced market with consistent demand and moderate inventory levels.

Grey Highlands

• Average Price: $794,375 
• Benchmark Price: $559,800
• Sales: 8
• Active Listings: 53
• Months of Inventory: 6.6
• Median Days on Market: 45
• Sale-to-List Ratio: 96.2%

A steady lifestyle market with a mix of rural and recreational properties driving activity.

Georgian Bluffs

• Average Price: $667,692
• Benchmark Price: $620,400
• Sales: 13
• Active Listings: 66
• Months of Inventory: 5.1
• Median Days on Market: 31
• Sale-to-List Ratio: 96.6%

Balanced conditions with steady demand, particularly for rural and waterfront homes.

South Bruce Peninsula

• Average Price: $602,400
• Benchmark Price: $546,200
• Sales: 10
• Active Listings: 96
• Months of Inventory: 9.6
• Median Days on Market: 24.5
• Sale-to-List Ratio: 96.5%

Inventory is building, giving buyers more flexibility while maintaining strong pricing.

Saugeen Shores

• Average Price: $645,554
• Benchmark Price: $643,800
• Sales: 12
• Active Listings: 147
• Months of Inventory: 12.3
• Median Days on Market: 37
• Sale-to-List Ratio: 96.3%

A more balanced market with higher inventory, but still strong pricing and steady demand.

What This Means for Buyers and Sellers

March confirms what we typically expect heading into spring:

• Inventory is rising across most markets
• Sale-to-list ratios remain strong (mid-90% range)
• Days on market are reasonable, offering negotiation opportunities
• Pricing is stable, with some higher-end sales influencing averages

For sellers, proper pricing and presentation are key to standing out as competition increases.
For buyers, this is one of the best opportunities we’ve seen in recent years to explore options with less pressure.

If you’re thinking about buying or selling in Grey Bruce, now is the time to position yourself ahead of the busy spring market.

Have questions about your local market? Let’s connect.