Windsor-Essex County Association of REALTORS®

The number of homes sold through the MLS® System of the Windsor-Essex County Association of REALTORS® totaled 417 units in September 2026. This was a substantial decline of 10.1% from September 2025.

Home sales were 6% below the five-year average and 23.1% below the 10-year average for the month of September.

On a year-to-date basis, home sales totaled 3,930 units over the first nine months of the year. This was a decline of 5% from the same period in 2025.

“September continued the recent cooling trend, with sales easing for a third consecutive month and coming in below the historical norm for this time of year. New listings edged higher from August and remained above typical September levels, while active inventory at the end of the month continued to offer more choice than is usually available at this point in the season,” said Alyssa Ismail, President of the Windsor-Essex County Association of REALTORS®. “Pricing also softened, with the MLS® HPI Benchmark Composite Price moving lower from August and modest year-over-year declines across all housing categories. Overall, the market remains well supplied and increasingly competitive, creating opportunities for buyers while putting added importance on accurate pricing and strong positioning for sellers. Whether you are buying or selling, working with a trusted local REALTOR® can help you understand the conditions in your neighbourhood and make informed decisions.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $570,000 in September 2026, falling by 2.4% compared to September 2025.

The benchmark price for single-family homes was $618,900, a modest decline of 2.1% on a year-over-year basis in September. By comparison, the benchmark price for townhouse/row units was $422,600, down modestly by 3.9% compared to a year earlier, while the benchmark apartment price was $368,500, a decrease of 4.9% from year-ago levels.

The average price of homes sold in September 2026 was $544,184, down by 4.6% from September 2025.

The more comprehensive year-to-date average price was $544,653, a minor decrease of 3.5% from the first nine months of 2025.

The dollar value of all home sales in September 2026 was $226.9 million, a big reduction of 14.3% from the same month in 2025.

The number of new listings decreased by 8% from September 2025. There were 1,297 new residential listings in September 2026.

New listings were 7.7% above the five-year average and 22.3% above the 10-year average for the month of September.

Active residential listings numbered 2,226 units on the market at the end of September, a modest decline of 1.3% from the end of September 2025.

Active listings were 17.8% above the five-year average and 48.4% above the 10-year average for the month of September.

Months of inventory numbered 5.3 at the end of September 2026, up from the 4.9 months recorded at the end of September 2025 and above the long-run average of 3.1 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.