For the fourth quarter of 2021 (October through December), the Windsor-Essex real estate market remained very strong. The number of homes sold, the number of homes listed, and the average price of a home all continued to grow compared to the same period during the previous year.
The numbers show that the Windsor-Essex real estate market continues to be a strong seller's market. Demand has remained high, and sellers are benefitting from the lack of inventory as buyers have continued to pay more for the available homes.
Among the most telling numbers for the fourth quarter of 2021 for the Windsor-Essex real estate market were:
These numbers show that there is still a great deal of demand for the available homes in Windsor and Essex County, which continues to be an affordable choice compared to a number of other markets.
The most popular style of home for the third quarter was bungalows, followed by 2 storey homes, 1 1/2 storey homes, ranches, and raised ranches. The highest average sales price belonged to 2 storey homes, followed by ranches, raised ranches, bungalows, and 1 ½ storey homes.
If you’re looking to buy or sell a home in Windsor, Tecumseh, LaSalle, Lakeshore, Amherstburg, Essex, Leamington, or Kingsville, contact Royal LePage Binder Real Estate today. We have five offices conveniently located across the area, and have over one hundred agents and fifteen teams who are ready to help you achieve your real estate goals. Let us put our knowledge and experience in the Windsor-Essex real estate market to work for you!