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February 2026 · Central Elgin
Central Elgin Housing Market Report for February 2026
12 residential properties closed in Central Elgin in February 2026. Average sold price of $859,083. 91.7% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $859,083
Median Price $722,000
Sale / List 94.0%
Over Asking 8.3%
Avg DOM 124 days
Total Sold
12
all residential
Avg Sold Price
$859,083
all types
Median Price
$722,000
mid-point
Sale / List
94.0%
avg ratio
Over Asking
8.3%
of all sales
Avg DOM
124
days on market
Prices by Property Type
Central Elgin · February 2026
💰 Price Summary
Average Sold $859,083
Median Sold $722,000
Avg List Price $914,142
Lowest Sale $535,000
Highest Sale $1,900,000
Sale / List Ratio 94.0%
Luxury Sold
1
Avg Luxury
$1,900,000
Luxury Share
8.3%
📊 Competition
Sold over asking 8.3%
Sold at asking 0.0%
Sold under asking 91.7%
Avg Days on Market 124 days
Fast · 050Slow · 100+
🧊 Buyers market — 91.7% sold below asking. Avg 124 days on market.
🏘
No condo data for February 2026
There weren't enough condo sales in
Central Elgin this month to generate a summary.
💰 Price Summary
Average Sold $859,083
Median Sold $722,000
Avg List Price $914,142
Lowest Sale $535,000
Highest Sale $1,900,000
Sale / List Ratio 94.0%
Luxury Sold
1
Avg Luxury
$1,900,000
Luxury Share
8.3%
📊 Competition
Sold over asking 8.3%
Sold at asking 0.0%
Sold under asking 91.7%
Avg Days on Market 124 days
Fast · 050Slow · 100+
🧊 Buyers market — 91.7% sold below asking. Avg 124 days on market.
🏘
No townhouse data for February 2026
There weren't enough townhouse sales in
Central Elgin this month to generate a summary.
🏘
No multi-unit data for February 2026
There weren't enough multi-unit sales in
Central Elgin this month to generate a summary.
Nearby Cities · February 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| St Thomas | $583,885 | $540,000 | 96.0% | 88d | 🧊 Buyers |
| Aylmer | $535,000 | $535,000 | 96.0% | 124d | 🧊 Buyers |
| Malahide | $1,191,500 | $1,191,500 | 100.3% | 92d | 🔥 Sellers |
| Southwold | $899,214 | $855,000 | 96.3% | 114d | 🧊 Buyers |
Frequently Asked Questions
Central Elgin · February 2026
The average sold price across all residential types in Central Elgin was $859,083 in February 2026,
based on 12 closed transactions. The median was
$722,000.
The average Central Elgin home took 124 days to sell in February 2026.
Central Elgin averaged $859,083 in February 2026. Southwold averaged $899,214. St Thomas averaged $583,885. See the full February 2026 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.
