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June 2025 · Central Elgin
Central Elgin Housing Market Report for June 2025
26 residential properties closed in Central Elgin in June 2025. Average sold price of $648,385. 69.2% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $648,385
Median Price $660,000
Sale / List 98.7%
Over Asking 19.2%
Avg DOM 116 days
Total Sold
26
all residential
Avg Sold Price
$648,385
all types
Median Price
$660,000
mid-point
Sale / List
98.7%
avg ratio
Over Asking
19.2%
of all sales
Avg DOM
116
days on market
Prices by Property Type
Central Elgin · June 2025
💰 Price Summary
Average Sold $648,385
Median Sold $660,000
Avg List Price $657,023
Lowest Sale $390,000
Highest Sale $921,111
Sale / List Ratio 98.7%
📊 Competition
Sold over asking 19.2%
Sold at asking 11.5%
Sold under asking 69.2%
Avg Days on Market 116 days
Fast · 050Slow · 100+
🧊 Buyers market — 69.2% sold below asking. Avg 116 days on market.
💰 Price Summary
Average Sold $500,000
Median Sold $502,500
Avg List Price $513,675
Lowest Sale $440,000
Highest Sale $555,000
Sale / List Ratio 97.3%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 86 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 86 days on market.
💰 Price Summary
Average Sold $675,364
Median Sold $695,000
Avg List Price $683,086
Lowest Sale $390,000
Highest Sale $921,111
Sale / List Ratio 98.9%
📊 Competition
Sold over asking 22.7%
Sold at asking 13.6%
Sold under asking 63.6%
Avg Days on Market 121 days
Fast · 050Slow · 100+
🧊 Buyers market — 63.6% sold below asking. Avg 121 days on market.
💰 Price Summary
Average Sold $555,000
Median Sold $555,000
Avg List Price $575,000
Lowest Sale $555,000
Highest Sale $555,000
Sale / List Ratio 96.5%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 63 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 63 days on market.
🏘
No multi-unit data for June 2025
There weren't enough multi-unit sales in
Central Elgin this month to generate a summary.
Nearby Cities · June 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| St Thomas | $559,773 | $553,950 | 99.3% | 90d | 🧊 Buyers |
| Aylmer | $503,219 | $509,500 | 97.9% | 86d | 🧊 Buyers |
| Malahide | $569,700 | $530,000 | 96.1% | 76d | 🧊 Buyers |
| Southwold | $765,000 | $765,000 | 98.1% | 103d | 🧊 Buyers |
Frequently Asked Questions
Central Elgin · June 2025
The average sold price across all residential types in Central Elgin was $648,385 in June 2025,
based on 26 closed transactions. The median was
$660,000.
Condos averaged $500,000, freehold averaged $675,364, and townhouses averaged $555,000.
The average Central Elgin home took 116 days to sell in June 2025.
Freehold properties averaged 121 days while condos averaged 86 days.
In June 2025, condos averaged $500,000 while freehold homes averaged $675,364 —
a gap of $175,364.
Central Elgin averaged $648,385 in June 2025. Southwold averaged $765,000. Malahide averaged $569,700. See the full June 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.
