May 2016 stats have just been released by the Windsor Essex County Association of Realtors. Last month most of the stats have stayed steady since April 2016, with the Year-to-Date Residential Listings up 1.74%, and Sales up 17.86%. The Year-to-Date Residential Average Sale Price continues to climb up to $221,443 from 196,693 in 2015 (ytd). Year-to-Date thats a 12.58% increase in Residential Average Sale Price.
What’s this all mean? We are still experiencing a shortage of resale inventory with plenty of buyers, maintaining the current sellers market.
You can view the full report here: WECAR President’s Report for May 2016