What October 2025 Means for Windsor, Essex County, and Chatham Ontario Real Estate

If you’re thinking about buying or selling a home in Windsor Essex County or Chatham Ontario right now, October’s numbers just revealed something fascinating that could really change your strategy. Whether you are a buyer or a seller, what I’m about to share could literally save you thousands or help you make the smartest move of the year, so please stick with me to the end, because these numbers tell a story you need to hear.

Here’s what the October 2025 numbers have shown in our market:

We saw inventory explode. In October 2025, 1,253 homes came on the MLS for sale. Last October, it was only 1,040, that’s a 20 percent increase in available homes. That means a fifth more homes for you to choose from.

Sales dropped slightly: 461 homes sold this October, down just a touch from 472 sales last year. This is only a 2.3 percent decrease.

Prices are holding steady. The average sale price in October 2025 was just over $566,000, compared to nearly $585,000 last year, it’s a 3.1 percent dip. Median sale price was $530,000, versus $535,000 a year ago. That’s basically stable, considering the past few years.

The Bank of Canada has cut rates several times this year, which means right now we’re in one of the most favorable borrowing environments in years.

What does all this mean for you? For buyers, this is one of the best markets we’ve seen in a while. You have more choices and less competition, 20 percent more listings means you no longer have to rush or settle. Prices have calmed down a little, which on a $560,000 home is about $18,000 less than the same month last year for the average house. Interest rate cuts mean your monthly payment is much lower—just the recent cuts could save you from $200 to $400 each month on your mortgage, which adds up to thousands over five years.

But: you still need to be ready. Have your preapproval, know your budget, and be ready to move on the right house, because good homes at fair prices still go quickly.

For sellers, you need to be smart and realistic. You are competing with more listings and buyers have options, but prices are still strong and stable. If you bought 5–10 years ago, you have good equity and this is not a crash. There are three non-negotiables: price your home right (not just competitive, but spot on), prepare and present your home properly, and use professional marketing to stand out in every online search.

To every local family: getting the strategy right matters. Overpricing or skipping prep could make your home sit unsold. But the right plan means you can move successfully, even in a shifting market. And if you are a buyer, this market gives you the best blend of options, stable prices, and lower rates we’ve seen in years.

If you want help with a smart strategy, or just a real conversation on what makes sense for you this fall or winter, reach out to me anytime. My team and I are here to give you straight answers and help your family win in Windsor, Essex County, and Chatham Ontario.