Q3 2018 Market Statistics for Windsor-Essex Real Estate

The numbers are in for the third quarter of 2018 (July 1st to September 30th, 2018) for real estate in Windsor and Essex County, and they show that the market for homes in Windsor-Essex continues to be very strong. When we look at the figures for this quarter compared to the same time period in 2017, we see that that while the number of homes sold and listings have decreased, the average sale price has increased significantly.

The number of residential listings is down 5% compared to the third quarter of last year, while the number of homes sold is down 3%. The lower number of sales can be attributed to the smaller available inventory of homes for sale in Windsor and Essex County rather than a lack of demand. The great demand for real estate in this region can be seen in the 16% increase in the average sales price of a home, which now sits at $306,269.00 compared to $255,947 in 2017. Homes continue to attract multiple offers thanks to high demand and fewer listings, allowing sellers to reap the benefits of this hot market.

Bungalows and ranches remain the most popular type of home for the area and had an average price of $245,991. Two storey homes were the next most popular type of property in the area and had an average sale price of $408,438.  Also of interest is the increased demand of apartments and condominiums, which saw an increase in their average sales price of $59,095 compared to the previous year.

No matter if you’re interested in selling your home or buying one of the houses for sale in Windsor and Essex County, I can help you find out what these numbers mean for your real estate goals and guide you in your next real estate transaction. If you are ready to look into selling your home, let me help you make the most of your property with professional marketing services and expert advice on preparing your home for sale. If you are looking to buy one of the homes for sale in Windsor-Essex, I can help you find the properties that match your needs. Let me know what areas you’re interested in, the features that matter to you and the price range you’re looking to buy in, and let me find the homes for sale that match what you’re looking for.

To learn more about how I can help you buy or sell your home in this competitive marketplace, and about what the current market conditions mean for you and what you want to accomplish in real estate, contact me today or call me 519-564-9738 to get started.

 

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…
The numbers are in for the third quarter of 2018 (July 1st to September 30th, 2018) for real estate in Windsor and Essex County, and they show that the market for homes in Windsor-Essex continues to be very strong. When we look at the figures for this quarter compared to the same time period in 2017, we see that that while the number of homes sold and listings have decreased, the average sale price has increased significantly. The number of residential listings is down 5% compared to the third quarter…



 Domenika Selmani
Domenika Selmani
Salesperson
519-564-9738
(519) 948-5300

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