Chatham Real Estate Market Report
Executive Summary
Dan BraunLocal expert · ChathamThe Chatham, New Brunswick real estate market is currently classified as a balanced market. The median asking price is $280K.
There are currently 1 active listings, representing 5.3 months of inventory. Inventory has decreased 99.5% compared to last month.
Currently, listings spend an average of 10 days on market and the average price per square foot is $246.
Detached properties make up the largest share of the Chatham market at 94% of active listings with an average price of $555K. Condo listings follow at 6% (avg $270K).
Sales Activity & Absorption
Volume
Market Signals
Chatham-Kent Association of REALTORS reported 115 sales this period, 1 new listings appeared in the past month.
Chatham-Kent Association of REALTORS Monthly Report
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.
Source: Chatham-Kent Association of REALTORS, June 2026
Market Balance
Months of Inventory
Supply and demand are roughly balanced.
Moderate absorption — healthy turnover.
At 5.3 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Wilsonwood | 192 | $534K |
| NW | 51 | $596K |
| SW | 7 | $324K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Chatham market currently has 1 active listings with a median price of $280K and 5.3 months of inventory.
- Low price reduction rate (0% of listings)
- Low sell-through rate (35%)
- Fast-moving market (10 avg days on market)
- Average price per square foot is $246
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.