Windsor & Essex County Real Estate Stats – August 2019

Aug2019-Stats

Windsor & Essex County Real Estate Stats – August 2019

August 2019 stats have just been released by the Windsor Essex County Association of Realtors. Compared to August 2018, we have seen a good increase in the number of New Listings (Market Activity), but we saw the number of Sales slightly decrease. These slight fluctuations in activity aren’t enough to change the current sellers market, but over the past few months, the number of Sales has been trending down slightly. If we continue to see these numbers over the next few months, it could be an indication the market if shifting towards a more balanced market. We are still seeing multiple offers on the majority of listings, and sales prices well over asking. We saw an Average Residential Sales Price of $337,054 with very few sales under $140,000. The most popular style of home sold in August 2019 was the Bungalow with an average price of $268,933.