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22% drop in Windsor-Essex home sales compared to a year ago: WECAR

House For Sale Sign
House For Sale Sign

Windsor-Essex has seen a sharp decline in home sales compared to this time last year. 

According to the March housing stats from the Windsor-Essex County Association of Realtors (WECAR), there were 342 properties sold last month, which represents a 22.27 per cent drop from the 440 properties sold in March 2024. 

The average sales price for a home increased to $583,182. That's up 2.94 per cent compared to March 2024.

The number of new listings increased 21 per cent.

There were 1020 new listings in Windsor-Essex last month.

WECAR says 97 properties sold in the price range of $420,000 to $549,999 and another 83 properties sold in the price range between $550,000 and $699,999.

Eight properties sold in the price range of $2,000,000 to $2,499,999.

 

-With files from AM800's Rob Hindi