The Windsor-Essex County Association of Realtors reports that there were 409 residential property sales in May 2020, with an average selling price of $384,311. This marks a 38.96% drop in the number of sales compared to May 2019, while the average sale price is up 14.37% for that same period. This is a 9.04% increase compared to April 2020, where the average sale price was $352,463.
The number of listings for May 2020 was 657, a decrease of 36.71% compared to a year prior, as the Covid-19 pandemic continued to affect the local market.
Windsor real estate lawyer John Corrent has over 40 years experience assisting local residents with the buying, selling, and mortgaging of real estate.
See the full report at Windsor-Essex County Association of Realtors® Residential Stats President’s Report for May 2020.