The August 2020 stats have just been released by the Windsor Essex County Association of Realtors and we are seeing the number of Listings and Sales back on track to where we were pre-covid19. The number of listings was down just 1.27% and Sale up 17.61% compared to this time last year. Less listings and more sales means lower inventory and multiple offers. In August 2020 we saw the average residential sales price hit $430,810. This is an increase of 28.04% compared to the same month last year. Our Year-to-Date average residential sales price is at $397,766, and increase of 18.67%. The most popular style of home sold in August 2020 was the Bungalow with an average price of $332,061.
if you have any questions, please fee free to reach out!