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August 2025 · Central Elgin
Central Elgin Housing Market Report for August 2025
22 residential properties closed in Central Elgin in August 2025. Average sold price of $646,268. 68.2% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $646,268
Median Price $655,000
Sale / List 98.3%
Over Asking 22.7%
Avg DOM 69 days
Total Sold
22
all residential
Avg Sold Price
$646,268
all types
Median Price
$655,000
mid-point
Sale / List
98.3%
avg ratio
Over Asking
22.7%
of all sales
Avg DOM
69
days on market
Prices by Property Type
Central Elgin · August 2025
💰 Price Summary
Average Sold $646,268
Median Sold $655,000
Avg List Price $657,582
Lowest Sale $387,000
Highest Sale $920,000
Sale / List Ratio 98.3%
📊 Competition
Sold over asking 22.7%
Sold at asking 9.1%
Sold under asking 68.2%
Avg Days on Market 69 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.2% sold below asking. Avg 69 days on market.
💰 Price Summary
Average Sold $597,000
Median Sold $615,000
Avg List Price $600,633
Lowest Sale $387,000
Highest Sale $789,000
Sale / List Ratio 99.4%
📊 Competition
Sold over asking 33.3%
Sold at asking 0.0%
Sold under asking 66.7%
Avg Days on Market 97 days
Fast · 050Slow · 100+
🧊 Buyers market — 66.7% sold below asking. Avg 97 days on market.
💰 Price Summary
Average Sold $654,278
Median Sold $667,500
Avg List Price $667,500
Lowest Sale $425,000
Highest Sale $920,000
Sale / List Ratio 98.0%
📊 Competition
Sold over asking 22.2%
Sold at asking 5.6%
Sold under asking 72.2%
Avg Days on Market 65 days
Fast · 050Slow · 100+
🧊 Buyers market — 72.2% sold below asking. Avg 65 days on market.
🏘
No townhouse data for August 2025
There weren't enough townhouse sales in
Central Elgin this month to generate a summary.
💰 Price Summary
Average Sold $649,900
Median Sold $649,900
Avg List Price $649,900
Lowest Sale $649,900
Highest Sale $649,900
Sale / List Ratio 100.0%
📊 Competition
Sold over asking 0.0%
Sold at asking 100.0%
Sold under asking 0.0%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| St Thomas | $561,341 | $542,500 | 98.1% | 76d | 🧊 Buyers |
| Aylmer | $654,070 | $568,500 | 95.5% | 112d | 🧊 Buyers |
| Malahide | $662,156 | $611,000 | 93.4% | 109d | 🧊 Buyers |
| Southwold | $637,500 | $598,750 | 99.1% | 164d | ⚖️ Balanced |
Frequently Asked Questions
Central Elgin · August 2025
The average sold price across all residential types in Central Elgin was $646,268 in August 2025,
based on 22 closed transactions. The median was
$655,000.
Condos averaged $597,000, freehold averaged $654,278.
The average Central Elgin home took 69 days to sell in August 2025.
Freehold properties averaged 65 days while condos averaged 97 days.
In August 2025, condos averaged $597,000 while freehold homes averaged $654,278 —
a gap of $57,278.
Central Elgin averaged $646,268 in August 2025. Aylmer averaged $654,070. Southwold averaged $637,500. See the full August 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Central Elgin, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
