Windsor-Essex County Association of REALTORS®

The number of homes sold through the MLS® System of the Windsor-Essex County Association of REALTORS® totaled 466 units in September 2025. This was a modest decline of 1.3% (six sales) from September 2024.

Home sales were 7.8% below the five-year average and 17.3% below the 10-year average for the month of September.

On a year-to-date basis, home sales totaled 4,141 units over the first nine months of the year. This was down modestly by 2.8% from the same period in 2024.

“MLS® home sales dipped a touch from last year, running below what we would typically expect in September, posting the lightest monthly total since April. New listings, on the other hand, pushed back above 1,400, well above seasonal norms and setting a record for the month of September,” said Julianna Biondo, President of the Windsor-Essex County Association of REALTORS®. “Even with the number of newly listed homes outpacing sales by more than 3 to 1, overall inventory barely budged. Prices remained stable, with the MLS® HPI composite benchmark price holding close to the same level as in the past four months. All in all, sales were soft, new listings surged, and prices remained steady. As a result, market conditions continue to firmly favour buyers, making this a great time to reach out to a REALTOR® who can help you find the home that suits your individual needs.”

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 $568,100 in September 2025, a modest decline of 1.6% compared to September 2024.

The benchmark price for single-family homes was $613,300, down modestly by 1.6% on a year-over-year basis in September. By comparison, the benchmark price for townhouse/row units was $424,100, a decrease of 4.1% compared to a year earlier, while the benchmark apartment price was $385,400, a small reduction of 3.1% from year-ago levels.

The average price of homes sold in September 2025 was $570,469, essentially unchanged, down just 0.2% from September 2024.

The more comprehensive year-to-date average price was $564,823, a slight reduction of 0.1% from the first nine months of 2024.

The dollar value of all home sales in September 2025 was $265.8 million, falling by 1.5% from the same month in 2024.

The number of new listings saw a gain of 9.4% from September 2024. There were 1,411 new residential listings in September 2025. This was also the largest number of new listings added in the month of September in history.

New listings were 21.1% above the five-year average and 40.5% above the 10-year average for the month of September.

Active residential listings numbered 2,198 units on the market at the end of September, up by 17% from the end of September 2024. Active listings haven’t been this high in the month of September in more than a decade.

Active listings were 37.8% above the five-year average and 53.6% above the 10-year average for the month of September.

Months of inventory numbered 4.7 at the end of September 2025, up from the 4 months recorded at the end of September 2024 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.