The June 2025 residential real estate market statistics are now in from WECAR (The Windsor/Essex County Association of Realtors). Listings are up and sales are down – but average price rebounds in June!
You can download my full PDF report here: https://steveblais.com/wp-content/uploads/2025/07/June-2025-Market-update-PDF-Report.pdf
The average sale price for June 2025 was $582,131 which is up 2.97% from this time last year and also up 4.54% from last month. Listings in June were up once again at 1,339 which is a 11.86% increase compared to a year ago but down 2.83% compared to last month. Sales were down at 471 which is a 5.23% decrease compared to a year ago and also down 4.07% from last month.
Average days on market was at 14 days in June which is the same as we saw in May. Months of inventory came in at 4.1 months (up from last month’s 3.7). This metric indicates that we are in a “Balanced Market”. The Sales to New Listings Ratio (SNLR) came in at 36.1% (down slightly from last month’s 36.4%). This metric indicates that we remain currently in a “Buyer’s Market”. Ok, this makes no sense you say. How can it be a Buyer’s and a Balanced Market at the same time? In essence, these two metrics offer complementary perspectives on the real estate market. While months of inventory provides a snapshot of the overall supply situation, the sales to new listings ratio gives a more immediate indication of current market demand.
Current headlines: The BoC interest rate announcement on June 4th held the target rate at 2.75%. Inflation held at 1.7% in May. The tariff rhetoric continues.
Final thought: Even though we had an increase in new listings yet declining sales, average price has rebounded from May by almost 5%. In some price points (like the below average range) inventory remains tight … especially in smaller municipalities where delayed offer, over asking sale strategies are still popular. The current economic and political uncertainty has definitely cooled our normally busy spring market. What will our summer market bring? Likely more of the same. At some point does the public become somewhat desensitized to the ongoing trade war and global uncertainty and get back to living a reasonably normal life? Time will tell!
Keep in mind that market conditions vary greatly depending on what price point you are in, location etc. so it’s never been more important to hire a REALTOR® who understands the market and can offer you the best advice possible! Contact me today!
Have a safe and fun Summer and take care!
