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Thames Centre, Ontario Real Estate Market Report

Middlesex, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
7.6 mo
Buyer's Market

Thames Centre is currently a buyer’s market with 7.6 months of inventory and a 12-month median sale price of $795K. Higher inventory gives buyers more options and room to negotiate.

Price Trajectory

How Thames Centre's median sold price is moving — year-over-year, by property type, and most recently.

$795Kmedian (12 mo)-5.4% YoYdown 5.4 percent year over year
$760Kmost-recent-quarter median (n=61)-4.4% vs the 12-month median

Recent sales are pricing below the trailing-year benchmark — the market is cooling.

Median sold price by property type (12 mo)
Property TypeMedianYoY
Freehold$810K

Sold residential · trailing 12 months · aggregated MLS data. Property types with fewer than 10 sales are omitted.

Most market reports are old by the time you read them. Boards publish monthly, usually two weeks after the month closes. Every figure on this page is calculated daily from live MLS data, so you're seeing today's market, not last month's summary.

Based on 151 sales and 119active listings · Data refreshes every morning

BWhat This Means for Buyers

With 7.6 months of inventory, buyers have more options and negotiating power in Thames Centre.

There are 119 active listings to choose from, giving you time to find the right fit.

Prices have been trending down, which may create opportunities for patient buyers.

SWhat This Means for Sellers

Higher inventory means sellers need to work harder to stand out in Thames Centre.

Homes are selling at 97% of list price, so pricing accurately from day one is critical.

151 homes sold in the past 12 months. Presentation and pricing strategy matter more in this environment.

Filters apply to statistics and charts below. Other sections show all property types.

119
Active Listings
151
Sold (12 mo)
$795K
Median Price
61 days
Avg DOM
97%
SP/LP Ratio
7.6
Months of Inventory
Updated daily
$861K
Average Price
Influenced by outliers
$795K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
$24K
Median Bid Delta
15%
Sold Above Asking
78%
Sold Below Asking

Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.

How fast are homes selling?

Average days on market over time. Lower numbers mean homes are selling faster.

Under 20 = Hot Market Over 60 = Slow Market
Average days on market by period
PeriodAvg Days on Market
2025-0843 days
2025-0950 days
2025-1057 days
2026-0269 days
2026-0476 days
2026-0562 days
2026-0653 days
2026-0766 days

How does this month compare?

Month-over-month and year-over-year changes in key metrics.

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$839K$640K+31.1%$655K+28.1%
Sales Count1221-42.9%5+140%
Avg DOM6653+24.5%18+266.7%

What's selling?

Breakdown of sales by property type over the past 12 months.

Listings by property type
Property TypeCountShare
Residential Freehold11496%
Residential Condo & Other43%
Single Family11%

The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.

Daily Market Trajectory

Updated daily

Most market reports use 30-day rolling averages. By the time you see a shift, it already happened weeks ago. This chart tracks inventory daily so you can spot trajectory changes as they happen.

Under 4 mo = Seller'sOver 6 mo = Buyer's

Last 30 days · updated daily

Speed and competitiveness are two sides of the same coin. Here's how aggressively homes are trading.

How competitive is this market?

Absorption rate and sale-to-list price ratio show how aggressively homes are trading.

Absorption Rate SP/LP Ratio

Last 30 days · updated daily

Just Listed

Just Sold

Communities & Neighbourhoods in Thames Centre

Detailed market data for 2 areas within Thames Centre.

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Thames Centre and surrounding areas.

Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage

Get in Touch

Market Pulse Score

71
Buyer's Market

Driving factor: Absorption rate (0.2)

MOI
25%
Absorption
20%
SP/LP
20%
DOM
15%
Price Cuts
10%

Frequently Asked Questions

What is the average home price in Thames Centre, Ontario?
The median home price in Thames Centre, Ontario is $795K based on 151 sales over the past 12 months. The average price is $861K. There are currently 119 active listings in Thames Centre.
Is Thames Centre a buyer's or seller's market?
Thames Centre is currently a buyer's market with 7.6 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Thames Centre?
Homes in Thames Centre take an average of 61 days to sell (days on market). The median days on market is 47. Longer days on market suggest buyers have more time to consider their options.
What is the months of inventory in Thames Centre?
Thames Centre currently has 7.6 months of inventory, calculated daily from live listing data. Months of inventory measures how long it would take to sell all current listings at the current sales rate. Under 4 months typically indicates a seller's market, while over 6 months indicates a buyer's market.
How much do homes sell above or below asking in Thames Centre?
In Thames Centre, the median sale price is $24K below asking price. 15% of homes sold above asking and 78% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 97%.
What are the real estate market trends in Thames Centre, Ontario?
The Thames Centre real estate market has prices trending downward with a median price of $839K in the most recent month. Prices changed +31.1% compared to the previous month. There were 12 sales in the month with an average of 66 days on market.

Current Mortgage Rates in Ontario

1 year fixed

2.50%

Bank of Canada Posted Rate

3 year fixed

5.19%

Bank of Canada Posted Rate

5 year fixed

6.09%

Bank of Canada Posted Rate

Prime (variable)

2.65%

Posted rates from Bank of Canada · Updated July 21, 2026

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Jeff Chisholm, Sales Representative, Chisholm Real Estate Team, Direct Realty Ltd., Brokerage

CREA Member
Direct Realty Ltd., Brokerage
MLS Data Provider
RECO Registered
How We Calculate These Statistics

Data source: Statistics are calculated from MLS listing data provided under license from the Canadian Real Estate Association (CREA) and participating real estate boards.

Months of Inventory (MOI):Active listings divided by the monthly sales rate for the selected period (1, 3, 6, or 12 months). Under 4 months generally indicates a seller's market; over 6 months indicates a buyer's market.

SP/LP Ratio: Sale Price to List Price ratio calculated as the median of (sale price / list price) across all sold properties with valid pricing data.

Home Price Index (HPI):CREA's aggregate composite benchmark index tracking price changes for a typical home, adjusted for property mix differences over time.

Update frequency: Data refreshes every 30 minutes via Incremental Static Regeneration (ISR). Daily snapshot metrics update once per day.

Coverage: Includes all residential property types listed on the MLS for Thames Centre and surrounding areas.

Jeff Chisholm, Sales Representative

Chisholm Real Estate Team at Direct Realty Ltd., Brokerage

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Data provided by REintel. Statistics are aggregated from MLS data under license. Reproduction or redistribution of this data is prohibited without written consent. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA).

REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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