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MAY 2025 NEWSLETTER

MAY 2025 NEWSLETTER

Hello friends, clients, and community members,

The Chatham-Kent real estate market in May 2025 has shown steady, healthy movement—and whether you’re thinking of buying, selling, or just staying informed, these trends matter.

🏡 The Numbers:

  • Average Sale Price: $412,520 (up slightly from $405,422 last year)

  • Average Days on Market: 43 days (vs. 37 in May 2024)

  • Sales Volume: 151 homes sold (up from 117 last year)

  • Inventory: 6 months of supply

  • Active Listings: 924 (a big increase from 828 last May)

  • List-to-Sale Ratio: 97.4% — Sellers are still getting close to asking price

💡 For Buyers:
With increased inventory, more negotiating power, and slower market pacing, this is a great time to jump into homeownership. Make sure your pre-approvals are current, and don’t hesitate to ask about local lenders, grants, and strategies to get your foot in the door.

🌞 For Sellers:
This season is the perfect time to boost your curb appeal and show your home at its best. Pressure wash your siding, add fresh mulch, and keep those lawns trimmed! Well-maintained properties continue to appraise higher and attract stronger offers—even in a balanced market.

If you’d like to know what your home is worth in today’s market or want help navigating your next move, I’m here and happy to help.

Wishing you a sunshine-filled June!

Warmly,
Jackie Patterson
Real Estate Sales Representative
📞 226-777-5144
📧 jackie@goldenacresrealestate.ca
🌐 www.goldenacresrealestate.ca
📍Serving Chatham-Kent, Ridgetown, Blenheim & beyond

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.