As we moved into early fall, Centre Wellington’s real estate market showed and increase in confidence in buyers and sellers.

Home values saw another boost in September. The median sale price rose 4.6% year-over-year to $845,000, while the average sale price jumped nearly 14% to $990,318.

Sales volume also saw a big jump, rising 56% compared to last September. In total, 44 homes changed hands, up from just 32 a year ago. The number of new listings grew as well — 107 homes hit the market, a 10% increase — giving buyers more to choose from.

While expired listings ticked up slightly, the sales-to-listings ratio improved to 41%, meaning that a higher percentage of listings are successfully selling.

Looking at 2025 as a whole, we’re still seeing a slightly cooler market than last year overall — but momentum is building:

Average sale price (YTD): $847,549 (down 3.8% from 2024)
Median sale price (YTD): $823,750 (up 2%)
Total sales volume: $304.8M (down 11.8%)
Unit sales: 358 (down 8%)
New listings: 911 (up 17%)
Average days on market: 46 days (up 11 from last year)

So far, 2025 has seen more homes listed but fewer sold — a sign of a more measured, balanced pace after a few high-intensity years.

Freehold homes remain the dominant segment, with a year-to-date sales volume of $264.8M (down 12%), but still averaging just under $895,000 per sale.

Condo sales continue to impress — up over 37% in volume and more than 31% in unit sales compared to last year.

Vacant land remains quiet, with little movement in 2025.

September was another positive month for Centre Wellington real estate. With prices edging up and sales activity climbing, the market continues to find its balance — giving both buyers and sellers solid footing heading into the fall season.

Full Report: Royal LePage® Royal City, Brokerage. Centre Wellington Market Report. August 2025: