The local real estate market showed a decline in average price throughout Caledon in February 2026, with an increase in number of sales. The average home sale price was $1,109,464 marking a 8.3% decrease month-to-month from the January average of $1,016,939 and a 25.7% decrease year-over-year from $1,369,183 in February of 2025.
Homes spent an average of 39 days on the market, lower than the average of 62 days on the market in the prior month. A total of 147 new listings came to market—down from 173 new listings in January, while terminated listings decreased to 67 from 77 in January. The number of sales increased month-to-month with 52 sales reported in January, a 23.8% increase over January 2026, and a 4% increase from the same month last year.
In February, 13.5% of listings sold above list price, 1.9% of listings sold at list price, and 84.6% sold below list price.
*All statistics generated on March 05, 2026 using the Habistat’s Analytics Platform, in partnership with PropTX. Data subject to change.
As per the February 2026 Market Watch released by the Toronto Regional Real Estate Board (TRREB), which analyzes all listing data placed on TRREB; “Many would-be homebuyers are waiting for selling prices to level off before moving into the market. If new listings continue to trend lower through the spring, competition between homebuyers will increase, supporting home prices and a recovery in sales,” said TRREB President Daniel Steinfeld.
“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Officer Jason Mercer.”
Hilary Matthews is a seasoned Real Estate Broker based in Caledon, recognized as a Certified Luxury Home Marketing Specialist™ and Guild™ award recipient. She is also a Certified Staging Advocate, dedicated to helping clients present their homes at their best. Hilary’s career in real estate was inspired by her own experience buying, renovating, and selling properties—a passion she turned into a profession.
With hands-on renovation experience and a trusted network of contractors, Hilary offers expert guidance to prepare homes for market. She combines market insight with a deep understanding of real estate as both a personal haven and a smart investment.
Learn more at www.hilarymatthews.com, or reach her at 647-354-9506 / hilary@hilarymatthews.com>
