Q1 2018 Windsor-Essex County Real Estate Market Statistics

The statistics for the first quarter of 2018 (January 1st to March 31st) in Windsor-Essex County real estate are in, and they show that the market has slowed down somewhat compared to the same quarter in 2017. When we look at the numbers for this quarter compared to the first quarter of last year, we see that the number of homes sold decreased by 25%, while the number of listings is down 18%.

The average sale price of the homes in Windsor and Essex County was $275,954, up 12% compared to the previous year. This shows that Essex County continues to be a seller’s market and that there is still strong demand from buyers.  With fewer listings available now than in the first quarter of 2017, the homes on the market are bringing in multiple offers in many cases, helping to bring up the average sale price. The majority of homes sold during the first quarter of 2018 (59%) were sold for below the average sale price, indicating that there are still more affordable options available in this market even with such strong demand for properties. 

Bungalows and ranches continued to be the most popular style of home with an average sale price of $253,103, with two storey homes coming in second and having an average sale price of $358,311. Apartments and condominiums showed a strong increase over the same time last year, reaching an average price of $204,408.

Whether you are interested in selling your house or buying one of the homes for sale in Windsor and Essex County, I can guide you through the current market and help you find out what the current conditions mean for you. If you’re looking to sell your home, I can help you make the most of your home by marketing your property, helping you navigate multiple offers, and helping you prepare your home for sale. If you’re looking to buy a home, I can connect you with the right homes for sale in Windsor and Essex County that match your criteria, and will work to make sure that you don’t miss an opportunity to learn more about the right houses as they become available in this competitive marketplace.

To learn more about how I can help you have the best experience possible with your next real estate transaction, contact me today or give me a call 519-564-9738.

 

Courtesy of: Royal LePage Binder

 


Testimonials
Read what my past clients have had to say about working with me
Domenika always makes sure your buying or selling experience is excellent!!
-Zosia Z.
Domenika Selmani has got to be one of the best real estate agents in the Windsor region! Thank you for helping my family find the home we've always dreamed of.
-Moe A.
Domenika will give you the royal treatment that you deserve. She will go the extra mile to make your most important investment as easy as possible. I highly recommend her.
-Joseph T.
Best real agent ever. Best of the best!
-Jamal J.
Domenika is truly one of the most dedicated agents with her clientele. She goes above and beyond to make your buying or selling experience as seamless as possible. I have known her for years! I would highly recommend her to anyone!
-Kelly S. M
Very dedicated to work and clients. She does not stop till she closes the deal. Highly recommend.5 stars.
-Teuta K.
Domenika is truly the best real estate agent in Windsor.She is tremendously knowledgeable and understanding of the wants and needs between the seller and buyer.During the sale of my house the transition was so smooth, making the move a lot less strenuous than it can usually be.She truly goes above and beyond of what's expected and will not finish her work until everyone involved is satisfied.
-Rina H.
She is the best at doing her job and also she is someone to look up to. She has been very helpful to me for giving advice and encourages me.She is a role model.
-Majlinda S.
Very honest and loyal to her customers.
-Rida S.
I would highly recommend Domenika whether you are buying or selling a home. She is quick to respond and very knowledgeable about the Windsor area real estate market. She offers helpful and honest advice and great results. She got us offers, within days of listing, well over asking. She really is fantastic!
-Lianne and Ibrahim


Blog
Learn more about Windsor-Essex Houses for Sale and the latest real estate news in my blog.
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As the market for real estate in Windsor and Essex County continues forward into 2019, now is a great time to take a look at how the housing market in our region ended last year with the statistics for the fourth quarter (October 1st to December 31st) of 2018. With strong prices for sellers and a larger inventory compared to last year for buyers, Windsor-Essex real estate continues to have a great deal to offer. When we compare the end of 2018 to the previous year, we can see that while the number…
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 Domenika Selmani
Domenika Selmani
Salesperson
519-564-9738
(519) 948-5300

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