Home sales boomed in September in Trent Hills, but prices slumped, according to the Central Lakes Association of Realtors.
Last month, 36 detached homes sold for a median price of $555,500. In August, 16 homes sold for a median price of $670,000.
In September 2024, 13 homes sold for a median price of $480,000. For the first nine months of this year, 186 homes have sold with an median price of $563,000.
There were 56 new listings last month and 145 active listings at the end of September, not much changed from a year ago when 57 homes were listed and there were 155 active listings.
The homes that sold last month had been on the market and average of 70 days and sold for 97 per cent of the listing price. For the entire year, homes have been selling in 60 days.
The association’s numbers show an increase in sales activity across the region and a growing supply of new listings. An interest rate cut in September has further eased borrowing costs, supporting buyers as they navigate a market with expanding opportunities, it said in a news release.
“September’s numbers show that buyers are entering a market with greater choice than they have seen in recent months” said association president Christine Riley. “Sales are higher than last year, with growth being supported by the increase in listings across our regions. With more properties available and borrowing costs lower following the September interest rate cut, buyers have a better chance of finding a home that meets their needs and fits their budget.”
Northumberland County recorded 129 sales, up from 116 in September 2024. The average selling price was $671,530, a 1.3 per cent decrease from $680,707 one year ago and slightly below the August 2025 average of $679,100.
County repairs Campbellford homes
Northumberland County Housing Corp. is replacing 18 balconies on its affordable housing apartment building at 111 Front Street South in Campbellford.
The cost of the work is $155,000, according to a report from the public works department that is going to county council on Wednesday, Oct. 15.
The housing corporation, which is owned by the county, is also spending $10,000 to replace the eavestroughs, soffits and facia on 152 Cockburn Street, the report says. That property was purchased and extensively renovated to provide assisted housing. The county has also purchased a home on Kent Street.
Last week, the housing corporation announced it has been awarded $1.7 million from the federal government’s affordable housing fund. This money will be used to make repairs and updates to 333 units of rent-geared-to-income and transitional housing it operates in Brighton, Campbellford, Cobourg, Colborne, and Port Hope.
In addition to this federal funding, the county plans to spend $3.9 million over three years to renew this existing community housing stock. Work will include updates to windows, HVAC systems, plumbing fixtures, and appliances, along with drywall, paint, and flooring.
County holding open houses
on agricultural land changes
Northumberland County is currently reviewing and updating maps and policies related to agricultural land in its official plan.
There are two properties in Trent Hills affected by the update because there have been requests to remove their agricultural designation. One is a 25-hectare property at 227 A County Road 35, which extends south to Stevenson Lake. The county is recommending it be retained as an agricultural area because it is on the “edge of large block of agricultural area.”
The second is an 18-hectare triangle of land on the south side of CR 29, west of Dawson Road. In this case, the county is recommending it be classified as rural lands. The report says that’s because it is small and on the edge of a large block of rural land to the south.
Next Tuesday, Oct. 21, the county will hold an open house at the Sunny Life Recreation Centre from 4 p.m. to 7 p.m. County staff and project consultants will deliver two 15-minute presentations at each session, at 4:30 p.m. and 6 p.m. Presentations will be followed by a period for questions and feedback. There will also be open houses in Port Hope and Cramahe.
You can read more about the plan on the county website.
The draft amendment will go to county council for approval and then on to the province for its OK.
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