29 homes changed hands last week at a median price of $475,000, and nearly three quarters of them sold under asking. Here's what that means if you're buying or selling.
Last week's Chatham-Kent home sales tell a different story than the region next door. Between July 21 and 27, 2026, 29 residential properties sold across the municipality, with the median landing at $475,000. That's a solid week of volume for Chatham-Kent, though a 29-sale sample is small enough that single weeks can swing, so treat the percentages here as a snapshot rather than a trend.
One quirk worth explaining: the average sale price, $432,084, came in below the median. Usually it's the other way around. The reason is that 8 of the 29 sales closed under $300,000, and that cluster of entry-level homes drags the average down while the median holds its ground. It's a good reminder of why the median is the number to watch.
Only 3 of last week's 29 sales beat their list price. Another 5 sold right at asking, and the remaining 21, a full 72%, closed below it. The median sale landed at 97.21% of list, which means the typical successful buyer negotiated close to 3% off the sticker.
Compare that to Windsor-Essex the same week, where 39% of 89 sales went over asking and the median home closed within 1% of list. Same seven days, same corner of Ontario, two very different negotiating tables.
The volume split into two clear groups: entry-level homes under $300,000, and a bigger cluster from $500,000 up.
| Price Band | Sales | Median Sale Price | Sold Over Asking |
|---|---|---|---|
| Under $300,000 | 8 | $266,500 | 0% |
| $300,000 to $400,000 | 5 | $360,000 | 20% |
| $400,000 to $500,000 | 5 | $475,000 | 0% |
| $500,000 and up | 11 | $539,900 | 18% |
The $500,000-and-up group was the week's workhorse with 11 sales, and it's also where 2 of the week's 3 over-ask results happened. Under $300,000, all 8 sales closed at or below list. Bidding wars weren't the story anywhere in Chatham-Kent last week; even in the busiest band, sellers mostly accepted offers at or under their number.
The median sale spent 27 days on market. The average was 52, stretched by listings that sat much longer, so the gap between a sharp listing and a stale one was wide. Windsor-Essex homes moved a week faster at a 20-day median.
The typical sold home was a 3 bedroom, 2 bathroom property of about 1,487 square feet, working out to roughly $313 per square foot. The same week, Windsor-Essex ran near $398. For buyers weighing both markets, that gap of about $85 per square foot is the clearest value case Chatham-Kent makes.
Buyers hold more cards here than almost anywhere nearby. With 72% of sales closing under list and a median discount near 3%, a reasonable below-ask offer isn't an insult, it's the market rate. The 27-day median pace also means less pressure to waive conditions or rush a decision.
Sellers should price to the market, not to hope. Last week's data shows most buyers expect room to negotiate, so building a cushion into your list price often backfires into a longer sit; the average days on market was nearly double the median for exactly that reason. A sharp price close to recent comparables is what got homes sold in four weeks or less.
The medians above describe the whole municipality. A local agent can tell you exactly how your street, and your price band, compared last week.
Talk to Jump RealtySource: Local MLS® sold data, residential transactions, July 21 to 27, 2026. Figures reflect a geographic area search of the Chatham-Kent region and are not official board statistics. For official monthly statistics, see https://creastats.crea.ca/board/chat/.
