Chatham-Kent Real Estate Market Update: September 22 to 28, 2026

Chatham-Kent home sales totalled 26 residential transactions between September 22 and 28, 2026, at a median price of $404,750. The typical sold home had 3 bedrooms and 2 bathrooms.

One week of sales in a market this size is a small sample, so read these numbers as a snapshot. They line up closely with the most recent official data, though, which shows supply running well ahead of demand. Both point to the same thing: buyers are setting the terms.

Only 2 of 26 Chatham-Kent homes sold over asking

Bidding wars were close to absent. Of the week's sales, 21 closed below list price, 3 sold right at asking, and just 2 went over. The median sale-to-list ratio was 96.96%, meaning the typical seller accepted about 3% less than their asking price.

For 8 of the 26 homes, the gap was bigger than 5%. The average sale price of about $415,000 sat close to the median, so the week wasn't skewed by a handful of expensive homes. The discounts were broad.

The board-level picture explains why. The Chatham-Kent Association of REALTORS® reported 5.4 months of inventory at the end of August 2026, nearly double the long-run average of 2.8 months for that time of year. August also brought 289 new listings, the most ever added in that month.

Discounts ran deepest on lower-priced homes

With so few homes selling over asking, the more useful measure is how close sellers got to their list price in each range.

Every home at $300,000 or less sold under asking, and the median one closed about 6% below its list price. Four of those six gave up more than 5%. Above $400,000, sellers held their ground better: the median ratio was 97.66%, and 4 of the 13 sales closed at or above list price.

Half of the week's sales fell at $400,000 or below, so the entry level is where most of the negotiating happened.

Most homes sold within four weeks, but some sat much longer

The median home spent 27 days on market. The average was 41 days, and that gap tells you a group of listings lingered well past the rest. In a market with this much inventory, a listing that misses on price early tends to sit.

What this week means for buyers and sellers

• Buyers under $300,000: every sale in this range closed below list last week. Offering under asking is normal here, not a lowball.
• Buyers above $400,000: expect less of a discount. The typical seller in this range still got close to 98% of asking.
• Sellers: you're competing with a decade-high number of active listings. Pricing right at launch is the difference between a sale in under four weeks and a listing that goes stale.