Springbank Hill real estate market
Updated May 2026 · detached homes · Pillar 9 / CREB sales records
As of May 2026, the typical detached home in Springbank Hill sold for about $1,195,000 (a 3-month average), down 1.9% year over year. Homes there are taking around 14 days to sell at 98.3% of asking price.
- Typical sold price
- $1,195,000
- −1.9% YoY
- Days on market
- 14
- −13 days YoY
- % of asking price
- 98.3%
- −0.1% YoY
3-month averages, smoothed to filter month-to-month noise · not an appraisal
As of May 2026, the typical detached home in Springbank Hill sold for $1,195,000, −1.9% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.
Who holds the cards?
Negotiating leverage for detached homes in Springbank Hill, measured against the community’s own 5-year norm.
(+0.1% vs norm)
Homes are currently fetching 98.3% of asking against a 98.3% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.
Pricing & pace
Typical detached home sold price (line) against days on market (bars), last 24 months.
The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Springbank Hill is selling faster than the seasonal norm (a 3-month median of 14 days versus 27 days historically for this time of year). Historically, high liquidity and low supply have preceded upward pressure on prices.
Last 12 months at a glance
| MONTH | TYPICAL SOLD | DAYS ON MARKET | % OF ASKING |
|---|---|---|---|
| May 2026 | $1,290,000 | 9 | 98.0% |
| April 2026 | $1,215,000 | 14 | 97.9% |
| March 2026 | $1,080,000 | 19 | 99.0% |
| February 2026 | $930,000 | 11 | 99.5% |
| January 2026 | − | − | − |
| December 2025 | $875,000 | 71 | 94.3% |
| November 2025 | $890,000 | 82 | 93.9% |
| October 2025 | $1,330,000 | 25 | 97.5% |
| September 2025 | $925,000 | 19 | 100.0% |
| August 2025 | − | − | − |
| July 2025 | $1,010,000 | 39 | 98.1% |
| June 2025 | $1,170,000 | 17 | 97.7% |
Single-month medians for detached homes, not smoothed; − means too few sales to report.
Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: May 2026.