Home sales increase in May 2026

 Home sales grew steadily month over month with 776 homes changing hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). That was up 8.8%, compared to May 2025, and an increase of 138 more units sold over the previous month.

“It’s an encouraging sign, as we head into the summer season,” said Robin Tiller, LSTAR’s 2026 Chair. “Since the start of the year, we’ve consistently seen month-over-month gains in sales. Activity is right on par with the last five years.”

Average sales price took a healthy jump in May. It was $662,292, up from $618,665 in April. The London region saw noticeable month-over-month gains. In London South, the average sales price was $677,226, up from $626,840 the previous month, as well as London East, with an average price of $476,844, up from $450,793 in April.  

“The sales-to-new listings ratio was 42.8%, up from 36% recorded in April,” Tiller said.  “According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market. We also saw inventory levels beginning to stabilize in May, with 4.3 months of inventory, down from 4.5 months of inventory compared to the same time in 2025. That’s down from the 5 months of inventory recorded in April.”    

Community Series Profile Pat Morden ~ The Stories Of Grand Bend

 

Sales Remain Steady in April

In April, 638 homes changed hands via LSTAR's MLS® system. Although down 6.6% compared to April 2025, that was an increase of 52 more units sold over the previous month. Average sales price was $618,665 in April, down from the previous month. Noticeable month over month gains in average sales price happened in St. Thomas and Strathroy-Caradoc.

HOME SALES RISE IN MARCH

 In March, 586 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). That was up 4.1% compared to the same month a year ago and 186 more units sold over the previous month.

“Activity has certainly been picking up, which is a positive sign,” said Robin Tiller, LSTAR’s 2026 Chair. “With the change in weather, we’re very encouraged that this is just the beginning of a healthy spring market.”

Month over month, average sales price rose slightly in March at $627,112, from $622,414 in February. Noticeable month over month gains in average sales price happened in London South, with average price at $636,946, up from $617,817 the previous month, as well as St. Thomas, coming in at $562,191, up from $545,876 in February.

“Our members work with buyers and sellers every day who are feeling the weight of housing affordability,” Tiller said.  “The announcements by federal and provincial governments this week are encouraging steps to help boost supply across the housing continuum and create more meaningful paths to home ownership.”  

Community Profile ~ Ross Atkinson with Lambton Shores Nature Trails

 

Market Fluctuations Continue in January

 The Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® saw 341 homes change hands in January, down 10.3% compared to the same month a year ago. The average sale price was $624,550 which represents an increase of over $10,000 from December and is down just 0.6 % from January of 2025.

“The sales-to-new listings ratio dropped substantially in January, to 32.2,” said Robin Tiller, LSTAR’s 2026 Chair. “That is noticeably lower than December’s ratio of 71.6. This would indicate conditions of a buyers’ market, according to the Canadian Real Estate Association (CREA), but aligns with expected numbers for a typical January market.”

“Inventory continues to remain at a historically high level,” Tiller continued, “with 6.6 months of inventory in January, up from the 5.3 months recorded in January of 2025. This represents the most active listings we have seen in the last ten years. This is another indication of a buyer's market and another good reason to reach out to your local REALTOR® for advice on buying or selling.”  

February Newsletter ~ The Pedlar Team Update

 

February Brings Lots Of Reasons To Get Out Of Your House! January absolutely flew by and we are already into February! The trusted groundhog didn't see his shadow so that means only six more weeks of the white stuff! We hope you had a great January and were able to embrace the winter weather as good Canadians. Our family went up to Collingwood for some skiing which were some of the best skiing conditions we have seen in many years. Pictured above is Mark with his three daughters Chloe, Chesney and Charlotte. Chloe is going on her fifth year of skiing and she worked her way up to the blue square runs while Chesney and Charlotte were working on the basics but worked their way up to the biggest bunny hill! Locally though, the Pinery Park is an incredible spectacle in the winter for some hiking or snowshoeing. BONUS: Their cross country skiing trails are open as well! Considering all the winter weather we have been getting there are some incredible reasons to get out of the house this month and check out various community events happening locally! We have a couple highlighted in the newsletter below and hope to see you out at them. To enter the contest for a $50 gift certificate to Purity Salt Cave & Healing Spa all you have to do is respond to this newsletter with your answer to this question: What is your favourite winter activity? There are no wrong answers and sitting inside cozy in front of the fireplace is a totally acceptable answer!. Keep scrolling down to find out more exciting news ... We are never to busy to talk real estate so give us a call today at 519-238-5700! The Winter Carnival Is Almost Here! February 13-15, 2026   An incredible community event in the off season for both locals and tourists to enjoy. Bringing people to downtown and local businesses for a full weekend of fun for all ages. Make sure to go follow their page on facebook and instagram to stay up to date with event information. Most importantly go get the tickets and gear online through the website at https://www.grandbendwintercarnival.ca/ . The Pedlar Team is sponsoring the KIDS FUN ZONE at the Huron Shores United Church so make sure to come on out and say hey! Don't miss the annual Grand Bend Firemen's Breakfast happening Sunday February 15th from 8am-11am! FUN to be had for the whole family!   Local Business Feature: Purity Salt Cave & Healing Spa February is the month of LOVE so why not give away a $50 gift card for someone to spend on a loved one or for some self love! We are very lucky to have a business in town offering a variety of self care options from their very large salt cave room to sound bowls to manicures to massages! I was lucky enough to run into the owner, Jody, at another local event at the end of 2025 where she was very excited to reveal that Dr.Kipfer would be available for appointments every Monday. Dr.Kipfer is a naturopathic doctor providing an integrative approach to health, combining evidence-informed natural therapies with compassionate, individualized care. His scope includes acupuncture, clinical nutrition, homeopathic medicine, hormonal therapy, pain management, and IV/infusion nutrient therapies. He has extensive experience supporting complex health conditions and chronic illness, with a particular interest in integrative cancer care. Purity Salt Cave & Healing Spa offers something for everyone so let's support this local business and give ourselves or someone special a moment of self love! Go follow this business on Instagram or Facebook to stay up to date on everything going on! And make sure to check out their website by clicking this link: https://puritysaltcaveandhealingspa.ca/ Sunset Community Foundation Red Cup Games February 11th 7pm-9pm Another exciting local event happening February 11th from 7pm-9pm at the Grand Bend Legion hosted by the Sunset Community Foundation that you should be at! Some games you will be playing include cup tug of war, chin cup race, flip cup race, stack-a-cup, beer pong and more. Registration is FREE and admission at the door is simply a nominal cash donation for the Grand Bend Food Pantry and the Grand Bend Area Community Health Centre Food Pantry! This cash allows their volunteer shoppers to make the best use of funds for what is needed most. Sign up before February 9th as a solo, with a partner or as a team of four by clicking this link: https://sunsetcommunityfoundation.ca/events/red-cup-games-social/ REMAX Named Top Brand In Franchise 500 for 42nd Consecutive Year   Continuing a legacy that underscores its strength, REMAX® has earned a spot on Entrepreneur's prestigious Franchise 500 rankings in 2026 as a top brand. It’s the 42nd consecutive year that REMAX has been featured on the list which shows off their adaptability and enduring influence in the real estate industry. REMAX is a leading global real estate brand that services thousands of agents around the world. Entrepreneur is an industry-driven magazine and digital platform, dedicated to delivering news, advice, and in-depth features on entrepreneurship, small business management, startup strategies, innovative growth tactics, and leadership. REMAX has appeared on Entrepreneur’s Franchise 500 list every year since 1985, Recognized brands are described as “industry definers” and “the greatest representation of what’s working in franchising today.” Entrepreneur’s rankings are based on a variety of factors, including brand strength, size, growth, support and cost. “This recognition demonstrates the limitless opportunity REMAX offers Broker/Owners and agents,” says Erik Carlson, CEO of RE/MAX Holdings. “Our annual presence in the Franchise 500 reinforces the power of the brand, the adaptability of the network and the excellence of local REMAX brokerages and agents around the world.” When it comes to the franchising world, the Franchise 500 list is widely regarded as the most comprehensive ranking of franchises across the globe. According to Entrepreneur, they evaluate thousands of brands based on several key factors that include: Brand Strength– How well-known and trusted the brand is globally. Size and Growth– The number of locations and the pace of expansion. Support– Resources and tools provided to franchisees for success. Cost and Fees– Transparency and value for investment REMAX’s reputation for professionalism, productivity, and innovation makes the brand excel in all these areas and more. REMAX continues in 2026 to attract top-performing agents and entrepreneurial Brokers/Owners. Southcott Pines Luxury 10409 Grand Oaks Dr, Grand Bend Exclusively Listed at $1,170,000   - 1,900 Sq Ft Main Floor + Three Season Sunroom - Built In 2003 - 3 + 1 Bedrooms / 3 Full Bathrooms - 9 Foot Plus Ceilings Throughout The Main Level - Living Room With Cathedral Ceilings & Wall Of Windows - Two Sided Wood Burning Fireplace To Living Room And Dining Room - Bright, Updated Kitchen With Skylights - Main Floor Primary Bedroom Offers Updated Ensuite With Heated Floors - Main Floor Includes Two Additional Spacious Guest Bedrooms - Main Floor Updated Full Bathroom With Heated Floors - Fully Finished Lower Level With 9 Foot Ceilings - Rec Room Complete With Wet Bar, Beverage Fridge & Wine Fridge - Lower Level Full Three Piece Bathroom With Cedar Sauna - In-Floor Heat Throughout Lower Level - Spacious Mudroom With Laundry. Along With Access Off Of Attached 1.5 Car Garage And Access To Outside - 1,400 Sq Ft Back Deck with Gas BBQ Hookup - Hardy Board Exterior - Deeded Private Beach Access PRIME Commercial Opportunity 16-18 Ontario St N, Grand Bend Listed at $1,300,000   Prime commercial-residential opportunity in the heart of Grand Bend. This rare offering includes two side-by-side parcels with a combined 90 feet of frontage, ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning and over 200' of depth this property presents an exceptional investment for entrepreneurs, developers, or investors looking to capitalize and be part of Grand Bend's future growth. The property features an existing licensed restaurant with a 2 bedroom 1 bath apartment above and lots of onsite parking. The restaurant is currently leased (business is not for sale) with the apartment included in the lease. Complementing the commercial space on its own separate parcel is a converted dwelling offering two separate 2-bedroom 1 bathroom residential units with shared laundry facilities. Both units are currently leased month to month. The front unit has updated flooring, kitchen and bathroom while the second unit needs the handyman touch. The combination of residential and commercial uses creates a balanced investment with immediate cash flow and long-term upside. The side by side parcels create an attractive site for redevelopment potential with great exposure to year round traffic, growing year round population and high volume of summer tourism to the area. Located across the street from the newly renovated Colonial Hotel & Event space plus the newly redesigned commercial 4 plex. Just steps to the sandy beaches of Lake Huron, Main Street, local shops, restaurants and all that Grand Bend has to offer. This property sits in a high-demand area with limited availability of comparable opportunities. Price is for both parcels 16 and 18 Ontario Street and must be sold together. The restaurant business is not for sale.             Click the link to watch the virtual tour: https://www.youtube.com/watch?v=Dtuck1dcyWY         Looking For An Agent Outside Of Our Coverage Area? Just Ask Us!   Looking to move outside of the area and not sure who to call? As always call The PEDLAR Team with any of your real estate needs! We are closely connected with a group of realtors that cover Southwestern Ontario. Along with our involvement in the RE/MAX community we are sure to line you up with a trusted knowledgeable real estate agent to make your plans a reality anywhere in Ontario, Canada, North America, or the world for that matter because RE/MAX is global! Get Your 2026 Grand Bend Locals Card!   Support Local With Your GRAND BEND Locals Card It is the hope that this card will encourage you to choose local businesses more often. They've been quietly adding new businesses, new offers and TWICE as many draws! As lovers of Grand Bend, we need to stick together and keep our businesses OPEN. These Local businesses who are unable to provide specific offers, have stepped up to help provide MORE CARDHOLDER Draws! More Draws = More Winning & More Local Spending. Let's support them for all they do to support our community.   Click the link to see more information: https://grandbendlocals.com/ Social Media   Have a great day everyone and don't forget to check out our social media sites like instagram, youtube, facebook and our website to stay up to date on all the latest listings. You can find the links to these various social media outlets above our information below. See the benefits of using a high quality drone and camera for videos and pictures to add content to each listing. Give us a LIKE/FOLLOW ON FACEBOOK by clicking the link below: https://www.facebook.com/thepedlarteam Or Give us a FOLLOW ON INSTAGRAM by clicking this link: https://www.instagram.com/thepedlarteam.remaxgrandbend/?hl=en We love to hear about your experience with The PEDLAR Team so please feel free to leave us a FIVE STAR GOOGLE REVIEW by clicking the link below: https://g.page/r/Cew24KUHRF64EAI/review

If you or any of your friends and family are looking to buy or sell make sure to call us first! Referrals are the greatest compliment Check our website out by clicking the link below http://www.grandbendrealestate.com  Doug Pedlar      Mark Pedlar     Garrett Pedlar      Broker of Record                         Broker                        Sales Representative   519-902-4099    519-670-0746      519-872-0910  remaxdoug@hay.net          remaxmark@hay.net           garrett@grandbendrealestate.com