Windsor-Essex County Association of REALTORS®

The number of homes sold through the MLS® System of the Windsor-Essex County Association of REALTORS® totaled 303 units in December 2025. This increased by 5.9% from December 2024.

Home sales were 8.8% below the five-year average and 14.1% below the 10-year average for the month of December.

On an annual basis, home sales totaled 5,402 units over the course of 2025. This was a modest decline of 1.3% from 2024.

“December brought a typical cooldown, with sales up year over year but easing noticeably from November as the holidays set in. Listing activity was stronger than a year ago and above the long-term December norm. However, the number of newly listed properties experienced a typical seasonal downturn,” said Julianna Biondo, President of the Windsor-Essex County Association of REALTORS®. “Overall inventory remained well above historical December levels and market balance continued to lean in favour of buyers as it had for most of 2025. One notable development was the Bank of Canada holding rates steady. The Bank signalled it expects inflation to follow it’s October outlook and that current rates are about right to keep inflation near 2%, while making clear they remain ready to act if necessary. For those who have been waiting for mortgage rates to hit bottom, this may well be that moment.”

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 $573,000 in December 2025, a small reduction of 1.6% compared to December 2024.

The benchmark price for single-family homes was $617,900, falling by 1.3% on a year-over-year basis in December. By comparison, the benchmark price for townhouse/row units was $467,600, a gain of 10.6% compared to a year earlier, while the benchmark apartment price was $384,800, down by 6.5% from year-ago levels.

The average price of homes sold in December 2025 was $520,098, down by 9.8% from December 2024.

The more comprehensive annual average price was $559,168, a minor decrease of 1.5% from all of 2024.

The dollar value of all home sales in December 2025 was $157.6 million, a moderate decrease of 4.4% from the same month in 2024.

The number of new listings was up by 16.4% from December 2024. There were 518 new residential listings in December 2025. This was the largest number of new listings added in the month of December in more than 15 years.

New listings were 18.3% above the five-year average and 31.3% above the 10-year average for the month of December.

Active residential listings numbered 1,448 units on the market at the end of December, a gain of 14.2% from the end of December 2024. Active listings haven’t been this high in the month of December in a decade.

Active listings were 41% above the five-year average and 58.7% above the 10-year average for the month of December.

Months of inventory numbered 4.8 at the end of December 2025, up from the 4.4 months recorded at the end of December 2024 and above the long-run average of 2.9 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.