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


" 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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