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.
May 11, 2024
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