Q4 2017 Windsor-Essex County Real Estate Market Statistics

The statistics for real estate in Windsor and Essex County for the fourth quarter of 2017 (October 1st - December 31st) are now available, and they show that the market is steady compared to the previous year, with many of the numbers staying close to the levels from the same time period in 2016. When compared to the same time period last year, the final quarter of 2017 saw a small increase in the number of homes sold as well as the number of homes listed, with both increasing 1% over 2016. 

One of the most noticeable increases compared to the previous year came in the average sale price of a home, which went up 14.7% over the fourth quarter of 2016. This, combined with an average homeowner equity gain of $38,844, shows that the market for real estate in Windsor and Essex County continues to be a strong one for sellers, with buyers paying considerably more on average compared to the previous year. This increase in the average sale price shows that high demand and multiple offers are still a consideration for many home sales in this area.

The average price for the homes for sale in Windsor-Essex stood at $264,906 for the fourth quarter of 2017, and the majority of homes sold (59%) were sold for under that mark. Bungalows and ranches continued to be the most popular style of homes in the Windsor-Essex region, with an average sale price of $226,770. This was followed by two storey homes, which saw an average price of $378,902. Apartments and condominiums saw a significant increase in their sale price compared to 2016, with an average sale price of $208,148 compared to $171,403 the year before.

No matter if you’re interested in buying or selling a home in Windsor-Essex County, I can help you discover what these market conditions mean for you and how they could impact your next real estate transaction. I can take you step-by-step through the entire real estate process, making buying or selling your home easier and ensuring that you have the right information and advice so you can make an informed decision. If you’re looking to sell a home, I can give you the right information about improvements to make, will price your home properly, and will market your home to give it maximum exposure and attract the most potential buyers. If you’re looking to buy a house, I can help you discover all of the options that match the needs of you and your family, including price, location, features, and more, and will work on your behalf to get you the best price.

To learn more about how I can help you make the most of your next real estate transaction, contact me today or give me a call 519-564-9738 and I can help get you the answers.

Courtesy of: Royal LePage Binder

 


Testimonials

Read what my past clients have had to say about working with me


" Had a very great experience with Domenika , well informed , hard working . Glad to work with her and definitely recommend and if needed will chose her again "
Arben Tufa
" Domenika represented us on the sale of our house in South Windsor, very close to her office. She was exceptional to work with. Extremely knowledgable about the market and supporting influencers such as mortgage brokers, trades, bankers, stagers, lawyers, and city of Windsor. Everything went according to plan. She did everything she said she would do. She was incredibly responsive and trustworthy. It was a pleasure working with her. Thanks, Domenika for everything. "
David Lee
" We had the privilege of working with Domenika Selmani to sell our house in Windsor, and it was an exceptional experience. Domenika's expertise in the local housing market, combined with her dedication, resulted in a quick and successful sale. From the beginning, Domenika's market knowledge was evident. She accurately priced our home, attracting numerous potential buyers. Her marketing strategies, including professional photography and staging, made our house stand out. Communication was amazing throughout the process. Domenika was always available, promptly answering our questions and providing updates. Her negotiation skills were impressive, securing us a favorable deal. Domenika's attention to detail ensured a smooth closing process. She handled all paperwork meticulously, making the experience stress-free. In summary, Domenika Selmani is a standout realtor who delivers results. If you're selling your home and want a dedicated professional who knows the market inside out, Domenika is the realtor to choose. We highly recommend her services for a successful and hassle-free home sale. Thank you so much Domenika! "
Enkela M
" I have known Domenika for over 10 years since she became a real estate agent with Prudential Select. She has always been a great agent to all her clients over the years, going beyond what an average agent would do. I have recommended her to my family and friends, knowing that she would do everything possible to help them sell or buy their next home. If you are going to sell or buy, please let Domenika help you with your next move. You won't be disappointed. "
C Baillargeon
" Domenika is one of the most honest, generous and kindest person I’ve met. I loved her transparency when I dealt with her on many transactions (selling/ buying/ renting) and was extremely satisfied with the outcomes. Her wealth of knowledge is unmatched! "
Nano H
" We are really happy and glad to have Domenika as our agent. Easy to work with, understand what we're looking for and able to achieve our goals. Will recommend her to anyone who's looking for an agent. Thank you Domenika! "
Mui L.
" Passionate caring honest and all the best descriptive personalities you could possibly think of. Domenika you’re an angel on earth no doubt. "
Mehtama Simba



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