The housing market in Windsor and Essex County ended 2024 on a excessive word as listings, gross sales, and the common residence worth elevated in December.
Gross sales had been up simply barely from final December, 0.41 per cent from 12 months in the past, as 242 properties modified house owners.
December’s enhance marks the fifth straight month gross sales within the area outpaced final 12 months’s, and for the 12 months, housing gross sales elevated 3.34 per cent.
In all of final 12 months, 5,074 had been offered in comparison with 4,911 in 2023.
Extra folks determined to promote their property final month. Listings jumped 29.97 per cent as realtors put “For Sale” indicators up in entrance of 399 properties, in comparison with 307 in December 2023.
General, listings had been up 11.94 per cent in 2024, and on the time it printed its December report, the Windsor Essex County Affiliation of Realtors stated 1,210 properties had been in the marketplace.
Shopping for a house value one other 14.42 per cent extra final month. The common promoting worth in December was $585,108, up from $511,759 a 12 months in the past.
