October average prices reach record highs and buyer choice expands again

Sellers and current homeowners will be happy to see that average prices for residential detached homes and condominiums in October reached historic monthly and year-to-date levels. Residential detached homes were up 3% from 2025 for October and year-to-date. Condominiums were up 2% from 2025 for October and year-to-date.

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Increased average prices, lower MLS® sales mark the start to 2026

Residential detached average prices in January 2026 rose 4% to $431,079 while MLS® sales of 367 decreased 17% when compared to last year. Condominium average prices rose 10% to $275,515 and MLS® sales decreased 16% from January 2025. All MLS® sales of 620 in January 2026 were down 13%, active All MLS® listings of 2,416 were down 7% and total MLS® dollar volume of over $238 million was down 7% from January 2025.

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