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Northern Bruce Peninsula, Ontario Real Estate Market Report

Bruce, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
18.3 mo
Buyer's Market

Northern Bruce Peninsula is currently a buyer’s market with 18.3 months of inventory and a 12-month median sale price of $470K. Higher inventory gives buyers more options and room to negotiate.

Price Trajectory

How Northern Bruce Peninsula's median sold price is moving — year-over-year, by property type, and most recently.

$470Kmedian (12 mo)-8.7% YoYdown 8.7 percent year over year
$463Kmost-recent-quarter median (n=56)-1.6% 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$470K

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 175 sales and 274active listings · Data refreshes every morning

BWhat This Means for Buyers

With 18.3 months of inventory, buyers have more options and negotiating power in Northern Bruce Peninsula.

There are 274 active listings to choose from, giving you time to find the right fit.

Prices have been trending down, which may create opportunities for patient buyers.

SWhat This Means for Sellers

Higher inventory means sellers need to work harder to stand out in Northern Bruce Peninsula.

Homes are selling at 92% of list price, so pricing accurately from day one is critical.

175 homes sold in the past 12 months. Presentation and pricing strategy matter more in this environment.

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

274
Active Listings
175
Sold (12 mo)
$478K
Median Price
87 days
Avg DOM
92%
SP/LP Ratio
18.3
Months of Inventory
Updated daily
$511K
Average Price
Influenced by outliers
$478K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
$25K
Median Bid Delta
5%
Sold Above Asking
87%
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
Average days on market by period
PeriodAvg Days on Market
2025-0885 days
2025-0985 days
2025-10122 days
2025-11157 days
2026-02139 days
2026-0381 days
2026-0451 days
2026-0585 days
2026-0654 days

How does this month compare?

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

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$603K$504K+19.7%----
Sales Count822-63.6%----
Avg DOM6554+20.4%----

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 Northern Bruce Peninsula and surrounding areas.

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

Get in Touch

Market Pulse Score

88
Strong Buyer's Market
Mixed Signals

Driving factor: Months of inventory (14.2)

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

Frequently Asked Questions

What is the average home price in Northern Bruce Peninsula, Ontario?
The median home price in Northern Bruce Peninsula, Ontario is $478K based on 175 sales over the past 12 months. The average price is $511K. There are currently 274 active listings in Northern Bruce Peninsula.
Is Northern Bruce Peninsula a buyer's or seller's market?
Northern Bruce Peninsula is currently a buyer's market with 18.3 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Northern Bruce Peninsula?
Homes in Northern Bruce Peninsula take an average of 87 days to sell (days on market). The median days on market is 62. Longer days on market suggest buyers have more time to consider their options.
What is the months of inventory in Northern Bruce Peninsula?
Northern Bruce Peninsula currently has 18.3 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 Northern Bruce Peninsula?
In Northern Bruce Peninsula, the median sale price is $25K below asking price. 5% of homes sold above asking and 87% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 92%.
What are the real estate market trends in Northern Bruce Peninsula, Ontario?
The Northern Bruce Peninsula real estate market has prices trending downward with a median price of $603K in the most recent month. Prices changed +19.7% compared to the previous month. There were 8 sales in the month with an average of 65 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 Northern Bruce Peninsula 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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