January 2026 Market Report
Springbank Hill Real Estate Market
Benchmark Price
$873,900
Comprehensive market data and trends to help you make informed real estate decisions in Springbank Hill.
Key Market Statistics
$873,900
Benchmark Price
CREB® benchmark
$846,225
Average Price
January 2026 average
73
Days on Market
Average selling time
51
Active Listings
Current inventory
184
YTD Sales
Homes sold in 2025 (full year)
$265K - $4.5M
Price Range
Entry to premium
Property Type Breakdown
January 2026 performance by property type
Detached Homes
48% of sales
Benchmark
$1,087,400
YTD Sales
1
homes sold
Row / Townhomes
27% of sales
Benchmark
$521,900
YTD Sales
2
homes sold
Apartments / Condos
25% of sales
Benchmark
$360,700
YTD Sales
1
units sold
Market Conditions
Months of supply indicates market balance
January 2026
Buyer's MarketCurrent Month
Buyer's Market5-Year Price History
Benchmark price growth from 2020 to present
5-year appreciation: +42.6% ($270,358 increase)
Historical Sales Heat Map
5 years of Springbank Hill sales data • 343 transactions
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Price Range Distribution
What your budget can buy in Springbank Hill
$500K – $650K
Row homes and townhomes offer an entry point into this premium community
$650K – $850K
Standard detached homes on interior lots with established landscaping
$850K – $1.1M+
Golf course backing, river valley views, or premium custom-built homes
Market Analysis
January 2026 data confirms Springbank Hill has shifted firmly into a buyer's market. With 12.75 months of supply—up 275% year-over-year—buyers now have significant negotiating leverage. Benchmark prices are down -3.6% year-over-year at $873,900.
Only 4 total sales were recorded in January against 29 new listings and 51 active listings—a stark imbalance. The sales-to-new-listings ratio sits at just 14%, well below the 50%+ threshold for a balanced market. Homes are taking an average of 73 days to sell.
Detached homes benchmark at $1,087,400 (-1.7% YoY), row/townhomes at $521,900 (-3.8% YoY), and apartments at $360,700 (-6.4% YoY). Apartment inventory has surged to 18 months of supply—presenting the most opportunity for buyers in that segment.
Tips for Buyers
- Strong buyer's market — 12.75 months of supply gives you real negotiating leverage
- Apartments see the most price softening (-6.4% YoY) — ideal entry-level opportunity
- Homes sitting 73+ days are prime candidates for below-ask offers
- Detached homes still hold value — benchmark at $1,087,400, down only 1.7%
Tips for Sellers
- Price aggressively — 51 competing listings and only 4 buyers in January
- Highlight premium features that differentiate: views, backing, renovations
- Spring 2026 typically brings more buyers — consider timing your listing
- Professional staging and photography are essential in a crowded market
Get a Personalized Market Analysis
Want to know what your home is worth or get detailed market data for a specific property? I provide complimentary market analyses for Springbank Hill homeowners.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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