The Grey Bruce real estate market continued to show varying conditions across the region in May 2026. While some municipalities experienced increased inventory and longer marketing times, others remained relatively balanced with strong sale-to-list price ratios. Buyers continue to benefit from increased selection in many areas, while sellers with well-priced and well-presented properties are still achieving strong results.

Below is a breakdown of key market statistics for Owen Sound, Chatsworth, Arran-Elderslie, West Grey, Southgate, Meaford, Hanover, Grey Highlands, Georgian Bluffs, South Bruce Peninsula, and Saugeen Shores for May 2026. All statistics are sourced from the OnePoint Association of REALTORS® May 2026 Market Report.

Owen Sound

Owen Sound remained one of the busiest markets in Grey Bruce during May.

• Active Listings: 118
• New Listings: 74
• Average Sale Price: $488,871
• Days on Market: 26
• Months of Inventory: 3.8
• Sale-to-List Price Ratio: 97.1%

With nearly 42% of new listings selling during the month, Owen Sound continues to offer balanced conditions. Inventory remains relatively healthy while homes continue to sell close to asking price.

Chatsworth

Chatsworth saw moderate sales activity with inventory levels remaining relatively balanced.

• Active Listings: 37
• New Listings: 19
• Average Sale Price: $752,429
• Days on Market: 64
• Months of Inventory: 5.3
• Sale-to-List Price Ratio: 95.5%

The longer days on market suggest buyers are taking more time to make purchasing decisions, particularly in the higher price ranges common throughout the municipality.

Arran-Elderslie

• Active Listings: 45
• New Listings: 22
• Average Sale Price: $551,800
• Days on Market: 30
• Months of Inventory: 9.0
• Sale-to-List Price Ratio: 97.4%

Arran-Elderslie remained one of the faster-moving markets in the region with homes selling in just two weeks on average and maintaining strong pricing performance.

West Grey

• Active Listings: 126
• New Listings: 50
• Average Sale Price: $648,018
• Days on Market: 32.5
• Months of Inventory: 7.0
• Sale-to-List Price Ratio: 98.4%

Inventory levels continued to build in West Grey, creating more options for buyers while still allowing sellers to achieve strong sale prices relative to list price.

Southgate

• Active Listings: 83
• New Listings: 34
• Average Sale Price: $590,625
• Days on Market: 46
• Months of Inventory: 5.2
• Sale-to-List Price Ratio: 95.7%

Southgate continues to attract buyers seeking affordability compared to neighbouring markets, though homes are generally taking longer to sell than earlier in the year.

Meaford

• Active Listings: 129
• New Listings: 69
• Average Sale Price: $896,550
• Days on Market: 19
• Months of Inventory: 12.9
• Sale-to-List Price Ratio: 94.6%

Meaford posted one of the highest average sale prices in the region. Inventory remains elevated, giving buyers substantial choice, particularly in the waterfront and luxury segments.

Hanover

• Active Listings: 64
• New Listings: 27
• Average Sale Price: $463,569
• Days on Market: 22.5
• Months of Inventory: 4.0
• Sale-to-List Price Ratio: 97.3%

Hanover remained relatively balanced with steady demand and homes selling quickly compared to many surrounding municipalities.

Grey Highlands

• Active Listings: 114
• New Listings: 52
• Average Sale Price: $883,600
• Days on Market: 48
• Months of Inventory: 7.6
• Sale-to-List Price Ratio: 94.6%

Grey Highlands continues to attract recreational and rural property buyers. Elevated inventory levels indicate a more buyer-friendly environment compared to the competitive conditions seen in previous years.

Georgian Bluffs

• Active Listings: 111
• New Listings: 66
• Average Sale Price: $685,340
• Days on Market: 15
• Months of Inventory: 6.2
• Sale-to-List Price Ratio: 97.0%

Georgian Bluffs remained one of the strongest-performing markets in terms of marketing time, with homes selling quickly while maintaining strong pricing.

South Bruce Peninsula

• Active Listings: 139
• New Listings: 55
• Average Sale Price: $557,278
• Days on Market: 34
• Months of Inventory: 7.7
• Sale-to-List Price Ratio: 96.2%

Inventory continued to rise in South Bruce Peninsula, giving buyers more opportunities throughout the municipality. Despite increased supply, sellers still achieved over 96% of asking price on average.

Saugeen Shores

Saugeen Shores remained one of the strongest markets in the region, benefiting from continued demand in both Port Elgin and Southampton.

• Active Listings: 184
• New Listings: 79
• Average Sale Price: $825,786
• Days on Market: 27
• Months of Inventory: 5.9
• Sale-to-List Price Ratio: 99.9%

The near-perfect sale-to-list ratio highlights strong buyer demand, with many properties selling very close to asking price.

May 2026 Market Summary

May brought increased inventory across much of Grey Bruce, providing buyers with more options than we've seen in recent years. Markets such as Owen Sound, Hanover, Arran-Elderslie, and Saugeen Shores continued to show healthy demand and relatively quick sales, while areas including Grey Highlands, West Grey, Meaford, and South Bruce Peninsula offered increased opportunities for buyers due to higher inventory levels.

For sellers, proper pricing remains critical. Properties that are well-presented and priced appropriately continue to attract attention and achieve strong sale-to-list price ratios. For buyers, the current market offers greater selection and more negotiating opportunities than during the peak market conditions of previous years.

If you're considering buying or selling in Grey Bruce, local market conditions can vary significantly from one municipality to the next. Understanding the trends specific to your community is essential when making real estate decisions.

For personalized advice on your local market, contact Matt Hutten, Royal LePage RCR Realty, serving Grey Bruce and surrounding areas. 📞 519-374-4600.