October 2019 stats have just been released by the Windsor Essex County Association of Realtors. Compared to October 2018, we have seen an increase in the number of New Listings (Market Activity), and we saw the number of Sales hold steady. 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 $342,543 with very few sales under $140,000. The most popular style of home sold in October 2019 was the Bungalow with an average price of $283,805.
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