Municipality

Central Elgin Real Estate

Elgin Region

142Active
280Sold
30Leased
6Buildings
7Communities
Page 1 of 6 (130 total)

Central Elgin Market

Updated Aug 22, 2026
Condos
Median sale price
$410K
Median PSF (est.) 26.7%
$320/sqft
Sold last 90 days
4
Active listings
12
Months of inventory
6.0
Avg days on market
82
Sale-to-list ratio
95.52%
Absorption rate
16.7%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 50.00% · End-user: 50.00% (from 4 sales, 4 leases)
Price reductions (90d)
Price-reduction rate: 25.00%
Avg reduction: $30,670 (6.67%)
Monthly reduction trend
2025-07: 33.3% (3 listings) · avg $40,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Supply vs demand by unit type (90d)
Sample: 12 active listings · 4 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 6 active / 1 sold · mismatch +25.00%
2br: 4 active / 2 sold · mismatch -16.67%
3br: 2 active / 1 sold · mismatch -8.33%
Concession pattern by unit type (90d)
1br (3 sales)100.00% closed with concessions, avg 5.57% below ask
2br (13 sales)100.00% closed with concessions, avg 4.39% below ask
3br (3 sales)66.67% closed with concessions, avg 5.70% below ask
Seasonality (annual pattern)
Historically strongest months: Oct, Jun, Jul
Historically weakest months: Apr, Dec, Aug
Annual averages: DOM 71.6d · sale-to-list 95.52% (n=19)
Monthly detail
Jan · 2 sales · DOM 67.5d · STL 90.85%
Mar · 1 sales · DOM 80.0d · STL 98.59%
Apr · 2 sales · DOM 87.5d · STL 96.59%
Jun · 4 sales · DOM 28.8d · STL 96.24%
Jul · 3 sales · DOM 57.7d · STL 97.68%
Aug · 3 sales · DOM 115.0d · STL 94.02%
Sep · 1 sales · DOM 83.0d · STL 99.06%
Oct · 1 sales · DOM 25.0d · STL 91.83%
Dec · 2 sales · DOM 114.5d · STL 95.20%
Homes
Median sale price
$640K
Median PSF (est.) 56.9%
$470/sqft
Price trend
Sold last 90 days
60
Active listings
99
Months of inventory
6.2
Avg days on market
59
Sale-to-list ratio
96.88%
Absorption rate
16.2%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 6.25% · End-user: 93.75% (from 60 sales, 4 leases)
Price reductions (90d)
Price-reduction rate: 33.33%
Avg reduction: $70,216 (8.61%)
Monthly reduction trend
2024-08: 0.0% (3 listings)
2024-09: 0.0% (9 listings)
2024-10: 22.2% (9 listings) · avg $52,500
2024-11: 45.5% (11 listings) · avg $43,200
2024-12: 36.4% (11 listings) · avg $49,625
2025-01: 12.5% (8 listings) · avg $45,000
2025-11: 50.0% (4 listings) · avg $72,000
2025-12: 42.9% (7 listings) · avg $33,300
2026-01: 20.0% (5 listings) · avg $449,910
2026-02: 44.4% (9 listings) · avg $42,275
2026-04: 12.5% (8 listings) · avg $10,000
2026-05: 27.3% (11 listings) · avg $39,000
2026-06: 29.6% (27 listings) · avg $74,512
2026-07: 42.1% (19 listings) · avg $72,173
2026-08: 27.3% (11 listings) · avg $57,949
Re-entries (past 12 months)
Re-entries: 2 of 161 sold · rate 1.24%
Avg price change: +$10,000 (+2.06%)
Seasonality (annual pattern)
Historically strongest months: Sep, Aug, Oct
Historically weakest months: Dec, Feb, Mar
Annual averages: DOM 63.6d · sale-to-list 96.88% (n=161)
Monthly detail
Jan · 13 sales · DOM 78.2d · STL 95.69%
Feb · 11 sales · DOM 92.4d · STL 94.72%
Mar · 3 sales · DOM 97.3d · STL 98.72%
Apr · 9 sales · DOM 48.4d · STL 95.13%
May · 12 sales · DOM 57.4d · STL 98.19%
Jun · 29 sales · DOM 59.0d · STL 97.99%
Jul · 19 sales · DOM 76.0d · STL 97.45%
Aug · 14 sales · DOM 34.1d · STL 95.58%
Sep · 9 sales · DOM 28.4d · STL 97.38%
Oct · 9 sales · DOM 42.0d · STL 99.52%
Nov · 15 sales · DOM 67.5d · STL 95.75%
Dec · 18 sales · DOM 84.5d · STL 96.77%
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About Central Elgin Real Estate

Discover real estate in Central Elgin, located in Elgin. With 142 active listings across 6 condo buildings, find condos, townhouses, and detached homes with comprehensive market intelligence, price history, and investment analysis.

Central Elgin has seen 310 completed transactions recently, with 280 sold and 30 leased properties providing rich comparable data for accurate valuations.

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