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As we ease into fall, the local real estate market is showing some important shifts, and I’m here to help you stay ahead of the curve. Here's your Chatham-Kent Real Estate Update for August 2025, plus some exciting community events and a sneak peek at our newest project!
📊 August 2025 Market Highlights
Homes Sold: 111 units
⬇️ Down 17.2% from August 2024
📉 15.1% below 5-year average | 📉 20.1% below 10-year average
Average Price: $420,127
⬆️ Up 2.3% from August 2024
YTD Home Sales: 838
⬇️ Down 5.2% compared to 2024
YTD Average Price: $433,520
⬆️ Modest 1.7% increase
Sales Volume: $46.6 million
⬇️ Down 15.2% from last year
🏘 Inventory & Listing Trends
New Listings: 222
⬇️ Down 19% from last year
📉 Below 5-year average | ⬆️ Slightly above 10-year average
Active Listings: 533
⬆️ Up 15.1% year-over-year – the highest August level in over a decade!
Months of Inventory: 4.8
⬆️ Significantly above the long-term average of 2.6
🔍 What This Means for You
🧭 Embrace Preparedness
Buyers: Get pre-approved, know your must-haves, and act fast when the right opportunity comes.
Sellers: Now’s the time to plan, prepare, and position your property for success.
💬 Negotiation Leverage
With rising inventory and fewer sales, buyers have more room to negotiate, while sellers must stay competitive and flexible.
💰 Strategic Pricing
In today’s market, pricing right from day one is essential. Overpricing can push your home into “stale listing” territory.
🎯 Presentation Excellence
Great photos, staging, and curb appeal aren't extras — they're essentials. A well-presented home stands out and sells faster, even in a slower market.
🍂 Local Events This Month
📍Fall Harvest Market – September 13th
Celebrate the season by shopping local! Meet talented creators, farmers, bakers, and artists showcasing their best work.
📍Crowfest – September 17th–20th
A unique celebration of Chatham's feathered friends, with art, music, food, and community fun. Don't miss it!
🏡 Our Latest Project – Now Booking!
We're excited to announce the launch of our beautifully renovated Airbnb!
This project features two stylish units:
3-bedroom unit (BOOK HERE)– perfect for families or small groups
2-bedroom unit (BOOK HERE)– great for business travelers or couples
✔️ Centrally located
✔️ Fully furnished
✔️ Comfortable & modern design
Now available to book for short-term stays, weekend getaways, or visiting family in town. Let us know if you or someone you know is looking for a place to stay!
If you have any questions about the market, are considering buying or selling, or just want to grab a coffee and talk real estate — I’m just a message away.
Wishing you a cozy and productive start to fall!
