The October 2020 stats have just been released by the Windsor Essex County Association of Realtors and we are seeing the number of Sales back on track to where we were pre-covid19, but we are seeing a low number of new Listings. The number of Listings was down 2.6% and Sales up 18.23% compared to this time last year. More sales and lower inventory results in multiple offers and higher sales prices. In October 2020 we saw the average residential sales price hit $428,276. This is an increase of 25.28% compared to the same month last year. Our Year-to-Date average residential sales price is at $406,861, and increase of 21.27%. The most popular style of home sold in October 2020 was the 2 Storey with an average price of $521,116.
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