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Carleton Place, Ontario Real Estate Market Report

Lanark, Ontario, Canada · Market data as of

Balanced Market
SellerBalancedBuyer
4.1 mo
Balanced Market

Carleton Place is currently a balanced market with 4.1 months of inventory and a median sale price of $554K. Neither side has a significant edge, so pricing and preparation matter more than timing.

Most market reports are old by the time you read them. Boards publish monthly, usually two weeks after the month closes. Every figure on this page is calculated daily from live MLS data, so you're seeing today's market, not last month's summary.

Based on 233 sales and 119active listings · Data refreshes every morning

Record High: Sales Count at 30 for 2 consecutive months

BWhat This Means for Buyers

Carleton Place is a balanced market with 4.1 months of inventory. Neither buyers nor sellers have a significant edge.

Homes are averaging 36 days on market — enough time to evaluate, but don't wait for steep discounts.

Focus on finding the right property at a fair price rather than trying to time the market.

SWhat This Means for Sellers

In this balanced market, pricing accurately is the most important factor for Carleton Place sellers.

Homes are selling at 98% of list price — well-priced homes sell close to asking.

11% of homes sold above asking, so there's still competitive activity for the right properties.

Filters apply to statistics and charts below. Other sections show all property types.

0
Active Listings
+6.4% 30d
0
Sold (12 mo)
$0
Median Price
0 days
Avg DOM
+3.7% 30d
0%
SP/LP Ratio
0.0
Months of Inventory
Updated daily
$574K
Average Price
Influenced by outliers
$554K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
$8K
Median Bid Delta
11%
Sold Above Asking
79%
Sold Below Asking

Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.

Price Trends

$826KBenchmark-5.1% YoY
Prices Trending Down
HPI Trend Median Average
Price trend data: Jun 25: Median $526,500, Average $498,207, HPI Trend $647,876; Jul 25: Median $575,000, Average $580,130, HPI Trend $646,014; Aug 25: Median $569,900, Average $612,789, HPI Trend $644,359; Sep 25: Median $503,000, Average $511,464, HPI Trend $641,256; Oct 25: Median $580,000, Average $569,355, HPI Trend $640,222; Nov 25: Median $550,000, Average $513,846, HPI Trend $637,119; Dec 25: Median $518,250, Average $505,100, HPI Trend $633,396; Jan 26: Median $622,500, Average $598,273, HPI Trend $627,190; Feb 26: Median $675,000, Average $661,867, HPI Trend $622,846; Mar 26: Median $545,000, Average $616,300, HPI Trend $619,536; Apr 26: Median $619,950, Average $626,868, HPI Trend $619,950; May 26: Median $547,500, Average $580,285

Price Distribution

Price distribution: $180K–$300K: 10 properties, $300K–$420K: 25 properties, $420K–$540K: 61 properties, $540K–$660K: 79 properties, $660K–$780K: 29 properties, $780K–$900K: 25 properties, $900K–$1.0M: 3 properties, $1.0M–$1.1M: 1 properties

Days on Market Distribution

Days on market distribution: 1–7 days: 18 properties, 8–14 days: 51 properties, 15–30 days: 63 properties, 31–60 days: 63 properties, 61–90 days: 20 properties, 90+ days: 17 properties

How fast are homes selling?

Average days on market over time. Lower numbers mean homes are selling faster.

Under 20 = Hot Market Over 60 = Slow Market

How does this month compare?

Month-over-month and year-over-year changes in key metrics.

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$548K$620K-11.7%----
Sales Count3028+7.1%----
Avg DOM4033+21.2%----

What's selling?

Breakdown of sales by property type over the past 12 months.

Freehold111 (93%)
Condo6 (5%)
Multi-family1 (1%)
Single Family1 (1%)

The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.

Daily Market Trajectory

Updated daily

Most market reports use 30-day rolling averages. By the time you see a shift, it already happened weeks ago. This chart tracks inventory daily so you can spot trajectory changes as they happen.

Under 4 mo = Seller'sOver 6 mo = Buyer's

Speed and competitiveness are two sides of the same coin. Here's how aggressively homes are trading.

How competitive is this market?

Absorption rate and sale-to-list price ratio show how aggressively homes are trading.

Absorption Rate SP/LP Ratio
Dual-axis chart showing absorption rate (area, left axis) and sale-to-list price ratio (line, right axis) over time.

Just Listed

Just Sold

Communities & Neighbourhoods in Carleton Place

Detailed market data for 1 area within Carleton Place.

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Carleton Place and surrounding areas.

Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage

Get in Touch

Top Rated Schools

Notre Dame Catholic High School
CatholicSecondary
9.4
EQAO /10
Carleton Place High School
PublicSecondary
8.8
EQAO /10
Beckwith Public School
PublicElementary
7.9
EQAO /10
Caldwell Street Elementary School
PublicElementary
7.7
EQAO /10
École élémentaire catholique J.-L.-Couroux
French CatholicElementary
7.2
EQAO /10

Source: EQAO provincial assessment results

Market Pulse Score

55
Balanced Market

Driving factor: Absorption rate (0.2)

MOI
25%
Absorption
20%
SP/LP
20%
DOM
15%
Price Cuts
10%

Frequently Asked Questions

What is the average home price in Carleton Place, Ontario?
The median home price in Carleton Place, Ontario is $554K based on 233 sales over the past 12 months. The average price is $574K. There are currently 119 active listings in Carleton Place.
Is Carleton Place a buyer's or seller's market?
Carleton Place is currently a balanced market with 4.1 months of inventory. The market is balanced, giving neither buyers nor sellers a significant advantage.
How long do homes take to sell in Carleton Place?
Homes in Carleton Place take an average of 36 days to sell (days on market). The median days on market is 28. This is a moderate pace, typical of a balanced market.
What is the months of inventory in Carleton Place?
Carleton Place currently has 4.1 months of inventory, calculated daily from live listing data. Months of inventory measures how long it would take to sell all current listings at the current sales rate. Under 4 months typically indicates a seller's market, while over 6 months indicates a buyer's market.
How much do homes sell above or below asking in Carleton Place?
In Carleton Place, the median sale price is $8K below asking price. 11% of homes sold above asking and 79% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 98%.
What are the real estate market trends in Carleton Place, Ontario?
The Carleton Place real estate market has prices trending downward with a median price of $548K in the most recent month. Prices changed -11.7% compared to the previous month. There were 30 sales in the month with an average of 40 days on market.

Current Mortgage Rates in Ontario

1 year fixed

2.50%

Bank of Canada Posted Rate

3 year fixed

5.19%

Bank of Canada Posted Rate

5 year fixed

6.09%

Bank of Canada Posted Rate

Prime (variable)

2.65%

Posted rates from Bank of Canada · Updated June 5, 2026

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Jeff Chisholm, Sales Representative, Chisholm Real Estate Team, Direct Realty Ltd., Brokerage

CREA Member
Direct Realty Ltd., Brokerage
MLS Data Provider
RECO Registered
How We Calculate These Statistics

Data source: Statistics are calculated from MLS listing data provided under license from the Canadian Real Estate Association (CREA) and participating real estate boards.

Months of Inventory (MOI):Active listings divided by the monthly sales rate for the selected period (1, 3, 6, or 12 months). Under 4 months generally indicates a seller's market; over 6 months indicates a buyer's market.

SP/LP Ratio: Sale Price to List Price ratio calculated as the median of (sale price / list price) across all sold properties with valid pricing data.

Home Price Index (HPI):CREA's aggregate composite benchmark index tracking price changes for a typical home, adjusted for property mix differences over time.

Update frequency: Data refreshes every 30 minutes via Incremental Static Regeneration (ISR). Daily snapshot metrics update once per day.

Coverage: Includes all residential property types listed on the MLS for Carleton Place and surrounding areas.

Jeff Chisholm, Sales Representative

Chisholm Real Estate Team at Direct Realty Ltd., Brokerage

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Data provided by REintel. Statistics are aggregated from MLS data under license. Reproduction or redistribution of this data is prohibited without written consent. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA).

REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.