Executive Summary

Lunenburg County recorded 35 single-family home closings in February 2026, with an average sold price of $491,311 and a median of $419,000. Meanwhile, 47 new single-family listings entered the market, of which 35 remain active, 7 are under conditional offer, and 5 have already closed — reflecting a measured but functional market across the county's ten sub-districts.

The CREA MLS® data for Lunenburg (all residential property types) shows a county-wide sales-to-new-listings ratio of 74.1% in February — a seller's market threshold — with 43 total residential sales at an average price of $471,225 and median days on market of 70. The single-family data from NSAR aligns closely with these benchmarks.

Market conditions vary considerably by sub-district. The Chester Basin area (A2) and Bridgewater corridor (C1) are the most active zones, while interior and rural sub-districts show extended days on market and stronger buyer negotiating leverage. The absence of expired and cancelled listings in the February dataset reflects that this period captures active and recently-closed inventory — pricing friction is best read through DOM patterns and sell-through rates.

CREA Market Snapshot (All Residential Types)

The following figures from CREA's MLS® Residential Market Activity report provide county-wide context across all property types:

February New Listings — Current Status

Of the 47 single-family homes that listed in February 2026, here is their current status breakdown:

Note: The 35 closed sales in February include properties that listed prior to February. The 47 new listings capture only those entering the market in February.

Pricing Performance (All Closed Sales)

Based on 13 transactions with confirmed selling prices, Lunenburg County single-family homes averaged a sale-to-list ratio of 97.7% — indicating buyers are typically negotiating a modest discount from list. The average original-to-sold reduction across all 35 closed transactions (using listing price as proxy where needed) was $17,613 (3.5%).

Sub-District Summary — February 2026

The table below covers all ten single-family sub-districts in Lunenburg County. "Closed Sales" reflects all February closings in that sub-district; "New Listings" reflects properties that listed in February. Pricing metrics are calculated from closed sales; SP/LP ratios from confirmed pairs only.

Sub-District	Closed Sales	New Listings	Active	Conditional	Avg Sold Price	Avg Orig → Sold Reduction	Avg DOM
A1	1	—	—	—	$454,900	$0 (0.0%)	231
A2	8	14	8	3	$621,600	−$17,862 (−3.5%)	42
A3	1	1	—	1	$312,500	−$12,499 (−3.8%)	109
B1	0	4	4	—	No sales	—	—
B2	1	1	1	—	$1,075,000	−$75,000 (−6.5%)	50
B3	7	10	9	1	$521,700	−$30,486 (−4.3%)	90
B4	3	2	1	1	$376,333	−$11,381 (−3.2%)	110
C1	6	7	5	—	$397,300	+$5,033 (+1.4%)*	21
C2	2	5	4	1	$492,450	−$32,450 (−8.1%)	84
C3	6	3	3	—	$371,850	−$17,300 (−6.3%)	57

* C1 shows a positive figure because 2 of 6 sales closed above original asking price, pulling the average. Positive = sold above original list.

Sub-District Deep Dives

Sub-district A1 recorded one closed sale in February — a home on Chester Hills Drive that sold at full list price of $454,900, though it required a notable 231 days on market before finding a buyer. No new listings entered A1 in February. The extended days on market is the standout signal here, suggesting that even well-priced properties in this sub-district require patience in the current environment.

A2 was the most active sub-district in February with 8 closings and 14 new listings — the highest listing volume in the county. Three of those new listings are already under conditional offer and three have sold, reflecting strong immediate absorption for well-positioned properties. However, 8 listings remain active, and the wide spread between average ($621,600) and median ($472,500) sold prices signals a bifurcated market: entry-level coastal properties moving quickly, premium waterfront listings taking considerably longer.

A3 saw one closing and one new listing in February. The sale on Beech Hill Road closed at $312,500 after a 109-day market run and a 3.8% reduction from original asking — reflecting the patience required in this rural sub-district. The single new listing is already under conditional sale, suggesting solid demand at the right price point.

Sub-district B1 was the only area with zero closed sales in February, despite welcoming 4 new listings averaging $665,475 — the second-highest average listing price of any sub-district. All 4 listings remain active. This combination of elevated pricing and zero absorption in a single month warrants monitoring: B1's historic town and coastal character commands premium expectations from sellers, but buyer decision timelines in this price range are inherently longer.

B2 recorded the county's second-highest sale in February: Pleasant Street closed at $1,075,000 — a luxury property that had been reduced from an original ask of $1,150,000 before finding its buyer after 50 days. One new listing entered at $679,000 and remains active. The sub-district's small sample size limits conclusions, but its upper-market positioning is consistent with its waterfront and acreage character.

B3 posted the second-highest sales volume with 7 closings and 10 new listings — but also the longest average days on market at 90 days, with a median of 63. Four of the 7 sales closed below original asking price, averaging a 4.3% reduction. Nine of the 10 new listings remain active, with only 1 going conditional. This sub-district signals buyer selectivity and a market where patience and precise initial pricing are critical — sellers overreaching on price face material market exposure.

B4 delivered 3 closed sales against only 2 new listings in February — one of which is under conditional offer — suggesting the sub-district absorbed more inventory than it generated this month. Average DOM of 110 days (median 119) underscores that B4 buyers are deliberate, and sellers must price accordingly from day one. The average sold price of $376,333 places this sub-district in the county's mid-tier range.

Bridgewater (C1) was the county's hottest sub-district in February by several measures. Average DOM of just 21 days (median 4 days) reflects near-immediate absorption on well-priced inventory. Two of the 6 sales closed above asking price, and the sub-district averaged a 1.4% premium over original list — the only sub-district where sellers routinely achieved above-ask. Of 7 new listings, 2 sold and 5 remain active. Bridgewater's urban services, affordability relative to coastal communities, and consistent buyer demand make it the most fluid market in Lunenburg County.

C2 recorded 2 closings against 5 new listings — a below-trend absorption rate, with 4 listings still active and 1 conditional. The average sold price of $492,450 masks a wide spread: 331 Highway closed using its list price of $649,900 as proxy, while the Highway 3 sale confirmed at $335,000 after a 114-day run and a reduction from $399,900 (16.2% reduction). This sub-district is showing the clearest signs of pricing friction outside of B1, with an average confirmed SP/LP of 91.8% — the lowest in the county among sub-districts with confirmed data.

C3 achieved 6 closings in February — tied for second in the county — with only 3 new listings entering, all of which remain active. This negative new supply balance suggests the sub-district is drawing down existing inventory. Average sold price of $371,850 (median $342,250) represents entry-level to mid-tier pricing, and the 6.3% average reduction from original reflects buyers negotiating meaningfully, particularly on properties with extended exposure (average 57 DOM, median 69).

MLS® HPI Benchmark Price Context

The CREA MLS® Home Price Index for Lunenburg County (February 2026) provides an objective baseline for tracking value trends independent of sales mix:

Property Type	Feb 2026 Benchmark	1 Month	3 Months	6 Months	12 Months	5 Years
Single Family (Composite)	$370,800	−3.6%	−0.5%	−4.5%	+4.2%	+48.6%
1 Storey	$292,200	−7.1%	−9.7%	−12.5%	+10.9%	+41.9%
2 Storey	$451,500	−1.1%	+6.7%	+1.8%	−0.4%	+54.9%

Market Intelligence — Key Insights

Strategic Takeaways

For Sellers

Lunenburg County rewards accurate initial pricing. In Bridgewater (C1), correctly priced homes sell within days and can attract competing offers. In most other sub-districts, the market is functional but patient — expect 50 to 110 days on market and plan for 3–8% negotiating room from your original ask. The HPI data confirms that peak-cycle pricing expectations are no longer supported by current market evidence.

Properties above $700,000 outside of proven waterfront markets face the most challenging conditions. The B1 and B3 experience in February suggests that premium pricing requires premium justification — condition, lot quality, and location specificity all matter more at higher price points.

For Buyers

Outside of Bridgewater, buyers hold meaningful negotiating leverage across Lunenburg County. The 70-day median days on market and average 3.5% reduction from original asking confirm that sellers are meeting the market. In sub-districts like C2 (91.8% SP/LP) and B3 (90-day avg DOM), patient buyers with realistic expectations can negotiate effectively.

For buyers targeting Bridgewater or A2's coastal market, however, the dynamic is different — move with confidence and be prepared to compete, particularly on well-priced properties under $500,000.