The November 2025 residential real estate market statistics are now in from WECAR (The Windsor/Essex County Association of Realtors). Average price, listings and sales … all down. Let’s take a closer look!
You can download my complete PDF Market Update Report HERE: https://steveblais.com/wp-content/uploads/2025/12/November-2025-Market-update-report-PDF.pdf
The average sale price for November 2025 was $552,391 which is down -5.62% from this time last year and also down -2.44% from last month. Listings in November were down at 830 which is a -3.26% decrease compared to a year ago and down -33.76% compared to last month. Sales were down at 370 which is a -6.80% decrease compared to a year ago and down -19.74% from last month.
Average days on market was at 21 days in November which is up from 19 days in October. Months of inventory came in at 4.6 months (up from last month’s 3.9 months). This metric indicates that we are in a “Balanced Market”. The Sales to New Listings Ratio (SNLR) came in at 45% (up from last month’s 38.7%). This metric also indicates that we remain currently in a “Balanced Market”. What’s the difference between these two metrics? 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: There was no BoC interest rate announcement in November. The next announcement will be on December 10th. Inflation decreased in October from 2.4% to 2.2%. Good news – Windsor no longer holds the title of the highest unemployment rate in the Country! Windsor is in 2nd place at 9.6% (decreasing from 10.4% last month with the top spot now going to Brantford, ON at 9.9%). The Federal Government has passed their budget (just barely) which means there will be no Federal election in Canada over the Holidays! The Ontario government has just passed Bill 60 which provides some changes to help improve the Landlord/Tenant regulations to benefit both Landlords and Tenants.
Final thought: It really feels like Buyers and Sellers were pumping the brakes hard in November. Overall general activity in listings and sales has declined significantly month over month even though interest rates dropped another 25 basis-points at the last announcement. Average sale price has declined slightly as well month over month. We did experience some early snow and cold temperatures in November as we ease into the Holiday season but let’s be real, the economy and especially job security continue to be top of mind for many.
Keep in mind that market conditions vary greatly depending on what price point you are in 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 anytime to discuss your unique situation!
