More homes are for sale in Chatham-Kent than at any time in the past decade — and buyers aren’t keeping up

More homes are on the market in Chatham-Kent than at any time in the past decade — and buyers aren’t keeping up. Active residential listings reached 424 units by the end of March 2026, the highest level for the month in 10 years and 62 per cent above the 10-year average. Despite a 6.6 per cent year-over-year rise in sales to 97 units, that pace is still 11.3 per cent below the five-year average and 16.8 per cent below the 10-year average for March. With more homes available and fewer selling, the market is tipping toward buyers. Months of inventory stood at 4.4, well above the long-run average of 2.5 months, signaling a slower-moving market where sellers face longer timelines and reduced leverage. The overall HPI composite/single-family benchmark price dipped 0.7 per cent year-over-year to $411,000, while the average sale price fell 1.3 per cent to $414,638. The housing market in Chatham-Kent is shifting toward buyers, with more supply and slower sales putting downward pressure on prices.