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East Luther Grand Valley, Ontario Real Estate Market Report

Dufferin, Ontario, Canada · Market data as of

Balanced Market
SellerBalancedBuyer
5.1 mo
Balanced Market

East Luther Grand Valley is currently a balanced market with 5.1 months of inventory and a 12-month median sale price of $745K. Neither side has a significant edge, so pricing and preparation matter more than timing.

Price Trajectory

How East Luther Grand Valley's median sold price is moving — year-over-year, by property type, and most recently.

$745Kmedian (12 mo)-12.4% YoYdown 12.4 percent year over year
$638Kmost-recent-quarter median (n=15)-14.4% vs the 12-month median

Recent sales are pricing below the trailing-year benchmark — the market is cooling.

Median sold price by property type (12 mo)
Property TypeMedianYoY
Freehold$785K

Sold residential · trailing 12 months · aggregated MLS data. Property types with fewer than 10 sales are omitted.

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 46 sales and 41active listings · Data refreshes every morning

Properties under contract increased 100% over 19 days (1 → 2)

BWhat This Means for Buyers

East Luther Grand Valley is a balanced market with 5.1 months of inventory. Neither buyers nor sellers have a significant edge.

Homes are averaging 58 days on market. That's 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 East Luther Grand Valley sellers.

Homes are selling at 97% of list price, and well-priced homes sell close to asking.

13% 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.

41
Active Listings
46
Sold (12 mo)
$745K
Median Price
58 days
Avg DOM
97%
SP/LP Ratio
5.1
Months of Inventory
Updated daily
$786K
Average Price
Influenced by outliers
$745K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
$20K
Median Bid Delta
13%
Sold Above Asking
83%
Sold Below Asking

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

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$669K$744K-10.1%----
Sales Count440%----
Avg DOM3959-33.9%----

What's selling?

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

Listings by property type
Property TypeCountShare
Residential Freehold3688%
Residential Condo & Other410%
Single Family12%

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

Last 30 days · updated daily

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

Last 30 days · updated daily

Just Listed

Just Sold

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of East Luther Grand Valley and surrounding areas.

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

Get in Touch

Market Pulse Score

72
Buyer's Market
Mixed Signals

Driving factor: Months of inventory (8.4)

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

Frequently Asked Questions

What is the average home price in East Luther Grand Valley, Ontario?
The median home price in East Luther Grand Valley, Ontario is $745K based on 46 sales over the past 12 months. The average price is $786K. There are currently 41 active listings in East Luther Grand Valley.
Is East Luther Grand Valley a buyer's or seller's market?
East Luther Grand Valley is currently a balanced market with 5.1 months of inventory. The market is balanced, giving neither buyers nor sellers a significant advantage.
How long do homes take to sell in East Luther Grand Valley?
Homes in East Luther Grand Valley take an average of 58 days to sell (days on market). The median days on market is 37. This is a moderate pace, typical of a balanced market.
What is the months of inventory in East Luther Grand Valley?
East Luther Grand Valley currently has 5.1 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 East Luther Grand Valley?
In East Luther Grand Valley, the median sale price is $20K below asking price. 13% of homes sold above asking and 83% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 97%.
What are the real estate market trends in East Luther Grand Valley, Ontario?
The East Luther Grand Valley real estate market has prices trending downward with a median price of $669K in the most recent month. Prices changed -10.1% compared to the previous month. There were 4 sales in the month with an average of 39 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 July 21, 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 East Luther Grand Valley 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.

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