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In April, Chatham-Kent, Ontario experienced a 14.6% drop in home sales, a 4.5% increase in average home price, and a 35.7% rise in new listings.
In Chatham-Kent, Ontario, home sales dropped by 14.6% in April compared to last year, with 117 units sold, while new listings increased by 35.7%. The average home price in April rose 4.5% to $454,979, but total sales value decreased 10.7% to $53.2 million. Active listings are at their highest April level in over five years, with 450 units available and months of inventory at 3.8, up from 2.4 in April 2023.
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