April home sales explode in C-K

April delivered warmer temperatures and sunshine across the region, and a hike in home sales.

According to figures from the Chatham-Kent Association of Realtors (CKAR), sales were up nearly 30 per cent compared to April of 2025. In all, 135 units changed hands in April.

What’s more, the sales spurt last month was 6.5 per cent above the five-year average and 8.3 per cent above the 10-year average for the month of April.

Furthermore, the bump in sales in April pushed year-to-date numbers ahead of the same period from 2025. This year saw 356 homes change hands for the first four months of the year compared to 358 from the same period last year.

Carrie Patrick, president of CKAR, said sales weren’t the only positive sight for local realtors.

“Sales activity surged by 30 per cent compared to the same month last year, pushing April sales back above typical levels for the month. The jump in demand was accompanied by a 20 per cent increase in new listings, which reached the highest level ever recorded for April,” she said in a media release. “It was also the first time in history that more than 300 properties were newly listed during the month of April.”

However, the brisk sales all but gobbled up the increase in listings.

“Inventory levels were little changed, as the sharp rise in sales absorbed much of the increase in new supply,” Patrick said. “Still, the main takeaway was the renewed energy from both buyers and sellers, marking a clear shift from the more subdued market conditions seen recently.”

The average price of homes sold in April 2026 was $468,217, a gain of 10.4 per cent from April 2025.

The more comprehensive year-to-date average price was $436,178, up less than one per cent from the first four months of 2025.

The dollar value of all home sales in April 2026 was $63.2 million, and that marked a substantial increase of more than 43 per cent from the same month in 2025.

What’s for sale in terms of residential property, is measured by the number of months of inventory for CKAR.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite the influx of listings, the rash of sales meant that the months of inventory numbered 3.7 at the end of April, down from the 4.9 months recorded at the end of April 2025 and above the long-run average of 2.5 months for this time of year.