In the fourth quarter of 2020 (October through December), we can see the demand for houses across Windsor-Essex County continued to rise as sales and prices continued to climb, while the number of listings dipped slightly from the previous year.
The number of homes sold in Windsor-Essex County was up in Q4 2020 over the same period in 2019, increasing by 2.4% compared to the previous year. Prices were up significantly, with the average sales price growing by 22.4% and sitting at $410,840. The percentage of listings sold was also up from the previous year with 77% of all home listings selling compared to 70% in the same period in 2019.
The number of listings was down 7% from last year as the smaller inventory of homes and strong demand contributed to the increase in housing prices.
As interest in the available houses has increased, so too has the interest in apartments and condos for sale in Windsor-Essex. The average price for these homes in Windsor-Essex was at $239,704, up from $213,312 at the end of 2019.
Bungalows and ranches continued to be the most popular style of homes for sale in Windsor and Essex County, followed by 2 storey homes, 1.5 storey homes and raised ranches.
If you’re considering buying or selling a home in this hot real estate market, contact Royal LePage Binder Real estate today. We have five convenient locations across Windsor-Essex and over one hundred agents ready to help you find the right real estate opportunities.
To learn more or to get started, contact us today!
View Homes for Sale in Windsor & Essex County
Subscribe today and receive an email when new reports are published online.
