With the first quarter of 2019 (January 1st through March 31st) complete, this is the perfect time to see how the market is starting off this year for real estate in Windsor and Essex County compared to the same time last year. The numbers once again show us that there is a great demand for housing in the Windsor-Essex region and that this continues to be a seller’s market.
When compared to the first quarter of 2018, Q1 2019 is showing a 16% increase in the average sales price of a home in our region, while the number of home sales is up 7% over last year. The average sales price of a home in Windsor and Essex County was $321,741 in Q1 2019, while the average price of condos/apartments was $200,830, up almost $30,000 compared to the same quarter in 2018. Homeowners saw an average equity gain of over $45,000 compared to the same time last year, showing
With higher prices and strong demand for houses in the Windsor-Essex region, it’s no surprise that more homes
Bungalows were the most popular style of home and had an average sales price of $264,835, with 1.5 storey homes were second and had an average sales price of $220,922. Ranches, two-storey homes and raised ranches rounded out the top five most popular home styles for Q1 2019.
If you are looking to buy or sell a home, contact Royal LePage Binder Real Estate today and let our team of experts help you navigate the current market conditions and find out what they mean for you. Whether you’re buying, selling or both, we will connect you with a member of our sales team who can take you through the entire real estate process from start to finish and help you make the most of your next real estate transaction. With seven convenient locations across the Windsor-Essex region, we have agents who specialize in all areas of the county and in
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