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


" 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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