Chatham-Kent Association of REALTORS

The number of homes sold through the MLS® System of the Chatham-Kent Association of REALTORS® totaled 115 units in June 2026. This was essentially unchanged, down just 0.9% (one sale) from June 2025.

Home sales were 3.5% below the five-year average and 14.7% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 593 units over the first six months of the year. This was a small reduction of 3.3% from the same period in 2025.

“Sales activity was flat on a year-over-year basis, as buyers showed tepid interest in the market despite sellers posting the highest number of new listings in any June on record,” said Carrie Patrick, President of the Chatham-Kent Association of REALTORS®. “There were two relevant housing-related pieces of news in June, one of which was the announcement of the $8.8 billion federal-provincial funding program to support housing-enabling infrastructure projects. This will hopefully reduce development charges in municipalities and speed up the construction of new homes. Later in June at a Housing Affordability Summit hosted by CKAR, a proposal was put forward to eliminate development charges on residential housing altogether for the next three years, a move which would certainly unlock funding from the federal-provincial program and get more homes to market.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite/single-family benchmark price was $405,700 in June 2026, a minor decrease of 2.2% compared to June 2025.

The average price of homes sold in June 2026 was $472,448, increasing by 7.9% from June 2025.

The more comprehensive year-to-date average price was $446,368, a modest gain of 2.9% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $54.3 million, up by 6.9% from the same month in 2025.

The number of new listings saw an increase of 4.1% (13 listings) from June 2025. There were 329 new residential listings in June 2026. This was also the largest number of new listings added in the month of June in history.

New listings were 16.6% above the five-year average and 40.5% above the 10-year average for the month of June.

Active residential listings numbered 605 units on the market at the end of June, a moderate gain of 8.8% from the end of June 2025. Active listings haven’t been this high in the month of June in more than a decade.

Active listings were 30.3% above the five-year average and 72.5% above the 10-year average for the month of June.

Months of inventory numbered 5.3 at the end of June 2026, up from the 4.8 months recorded at the end of June 2025 and above the long-run average of 2.8 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.