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July 2025 · Central Elgin
Central Elgin Housing Market Report for July 2025
20 residential properties closed in Central Elgin in July 2025. Average sold price of $667,320. 80% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $667,320
Median Price $673,500
Sale / List 97.0%
Over Asking 5%
Avg DOM 102 days
Total Sold
20
all residential
Avg Sold Price
$667,320
all types
Median Price
$673,500
mid-point
Sale / List
97.0%
avg ratio
Over Asking
5%
of all sales
Avg DOM
102
days on market
Prices by Property Type
Central Elgin · July 2025
💰 Price Summary
Average Sold $667,320
Median Sold $673,500
Avg List Price $688,330
Lowest Sale $375,000
Highest Sale $1,000,000
Sale / List Ratio 97.0%
📊 Competition
Sold over asking 5.0%
Sold at asking 15.0%
Sold under asking 80.0%
Avg Days on Market 102 days
Fast · 050Slow · 100+
🧊 Buyers market — 80% sold below asking. Avg 102 days on market.
💰 Price Summary
Average Sold $449,833
Median Sold $480,000
Avg List Price $459,933
Lowest Sale $375,000
Highest Sale $494,500
Sale / List Ratio 97.8%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 83 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 83 days on market.
💰 Price Summary
Average Sold $705,700
Median Sold $715,000
Avg List Price $728,635
Lowest Sale $395,000
Highest Sale $1,000,000
Sale / List Ratio 96.9%
📊 Competition
Sold over asking 5.9%
Sold at asking 17.6%
Sold under asking 76.5%
Avg Days on Market 105 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.5% sold below asking. Avg 105 days on market.
🏘
No townhouse data for July 2025
There weren't enough townhouse sales in
Central Elgin this month to generate a summary.
🏘
No multi-unit data for July 2025
There weren't enough multi-unit sales in
Central Elgin this month to generate a summary.
Nearby Cities · July 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| St Thomas | $581,368 | $590,000 | 98.3% | 84d | 🧊 Buyers |
| Aylmer | $540,300 | $500,000 | 99.3% | 68d | ⚖️ Balanced |
| Malahide | $724,862 | $649,500 | 97.1% | 118d | 🧊 Buyers |
| Southwold | $693,414 | $795,000 | 97.6% | 80d | 🧊 Buyers |
Frequently Asked Questions
Central Elgin · July 2025
The average sold price across all residential types in Central Elgin was $667,320 in July 2025,
based on 20 closed transactions. The median was
$673,500.
Condos averaged $449,833, freehold averaged $705,700.
The average Central Elgin home took 102 days to sell in July 2025.
Freehold properties averaged 105 days while condos averaged 83 days.
In July 2025, condos averaged $449,833 while freehold homes averaged $705,700 —
a gap of $255,867.
Central Elgin averaged $667,320 in July 2025. Southwold averaged $693,414. St Thomas averaged $581,368. See the full July 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.
