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Perth South, Ontario Real Estate Market Report

Perth, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
18.0 mo
Buyer's Market

Perth South is currently a buyer’s market with 18.0 months of inventory and a 12-month median sale price of $931K. Higher inventory gives buyers more options and room to negotiate.

Price Trajectory

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

$931Kmedian (12 mo)+31.1% YoYup 31.1 percent year over year
Median sold price by property type (12 mo)
Property TypeMedianYoY
Freehold$931K

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 20 sales and 18active listings · Data refreshes every morning

BWhat This Means for Buyers

With 18.0 months of inventory, buyers have more options and negotiating power in Perth South.

There are 18 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 Perth South.

Homes are selling at 95% of list price, so pricing accurately from day one is critical.

20 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.

18
Active Listings
+12.5% 30d
20
Sold (12 mo)
$931K
Median Price
81 days
Avg DOM
-5.1% 30d
95%
SP/LP Ratio
18.0
Months of Inventory
Updated daily
$1.20M
Average Price
Influenced by outliers
$931K
Median Price
Middle value of all sales
$828K
Benchmark Price
Tracks a typical home (CREA HPI)
$52K
Median Bid Delta
15%
Sold Above Asking
80%
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$2.47M$1.23M+101.7%----
Sales Count23-33.3%----
Avg DOM2744-38.6%----

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 Perth South and surrounding areas.

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

Get in Touch

Market Pulse Score

84
Strong Buyer's Market

Driving factor: Months of inventory (17.0)

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

Frequently Asked Questions

What is the average home price in Perth South, Ontario?
The median home price in Perth South, Ontario is $931K based on 20 sales over the past 12 months. The average price is $1.20M. There are currently 18 active listings in Perth South.
Is Perth South a buyer's or seller's market?
Perth South is currently a buyer's market with 18.0 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Perth South?
Homes in Perth South take an average of 81 days to sell (days on market). The median days on market is 52. Longer days on market suggest buyers have more time to consider their options.
What is the months of inventory in Perth South?
Perth South currently has 18.0 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 Perth South?
In Perth South, the median sale price is $52K below asking price. 15% of homes sold above asking and 80% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 95%.
What are the real estate market trends in Perth South, Ontario?
The Perth South real estate market has prices trending downward with a median price of $2.47M in the most recent month. Prices changed +101.7% compared to the previous month. There were 2 sales in the month with an average of 27 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 September 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 Perth South 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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