Windsor-Essex County Association of REALTORS®

Windsor-Essex County MLS® home sales rebound as new listings hit record high in October

The number of homes sold through the MLS® System of the Windsor-Essex County Association of REALTORS® totaled 547 units in October 2025. This was up by 8.7% from October 2024.

Home sales were 4.3% above the five-year average and 6.9% below the 10-year average for the month of October.

On a year-to-date basis, home sales totaled 4,685 units over the first 10 months of the year. This was a minor decrease of 1.7% from the same period in 2024.

“After a couple of slower months sales bounced back in October, climbing back above the 500-home mark. That is a solid performance for this time of year and a sign that buyer activity is holding steady despite broader economic pressures. The number of newly listed homes set a record for the month of October,” said Julianna Biondo, President of the Windsor-Essex County Association of REALTORS®. “On the pricing side, the MLS® HPI Benchmark price edged up from September. Overall inventory remains elevated, which continues to offer buyers more options to choose from than they’ve had in recent years. In other news, Windsor-Essex advanced a regional affordable housing strategy and launched a new community housing plan, aiming to add thousands of units and expand rental options. This is good news for our local market and will help to address future demand.”

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 benchmark price was $571,900 in October 2025, a minor decrease of 1.9% compared to October 2024.

The benchmark price for single-family homes was $618,800, a small reduction of 1.6% on a year-over-year basis in October. By comparison, the benchmark price for townhouse/row units was $422,400, falling by 1.9% compared to a year earlier, while the benchmark apartment price was $383,200, a decline of 5.2% from year-ago levels.

The average price of homes sold in October 2025 was $556,188, a small reduction of 2.3% from October 2024.

The more comprehensive year-to-date average price was $563,634, edging down 0.4% from the first 10 months of 2024.

The dollar value of all home sales in October 2025 was $304.2 million, a gain of 6.2% from the same month in 2024.

The number of new listings rose by 22.9% from October 2024. There were 1,413 new residential listings in October 2025. This was also the largest number of new listings added in the month of October in history.

New listings were 32.1% above the five-year average and 49.1% above the 10-year average for the month of October.

Active residential listings numbered 2,134 units on the market at the end of October, an increase of 20.9% from the end of October 2024. Active listings haven’t been this high in the month of October in more than a decade.

Active listings were 42.1% above the five-year average and 59.8% above the 10-year average for the month of October.

Months of inventory numbered 3.9 at the end of October 2025, up from the 3.5 months recorded at the end of October 2024 and above the long-run average of 2.5 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

BOARD & ASSOCIATION INFORMATION

The Windsor-Essex County Association of REALTORS® (WECAR) is recognized as the voice and source for real estate by providing education and essential services to maximize professionalism and business opportunities of our Members so they are able to make a valid contribution to our Communities. WECAR is the oldest Real Estate Association/Board in Ontario and the second oldest in Canada, celebrating our 100th Anniversary in 2018 and represents over 1000 members and 90 firms.


WECAR

WINDSOR-ESSEX COUNTY ASSOCIATION OF REALTORS®

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For more information,
please contact:

519-966-6432

President
Julianna Biondo

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