Market Activity and Statistical Report For Windsor and Essex County for March 2008

By
Real Estate Agent with RE/MAX Preferred Realty Ltd.

Here is a summary of the Real Estate Statistics provided by the Windsor and Essex County Real Estate Board for the Month of March 2008.

Sales month-over-month in March decreased by 7% over March of 2007.  Listings taken in the month also decreased by -20% AND year-to-date listings fell as well by -9%

Prices were higher from a year ago from $159,727 to $169,961. 

Overall, the market is flat and the same as it was last year.  Despite the slight drop in sales activity, it is offset by less active listings on the market.  That seems to explain the slight increase in price.

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Overall Market March 2008 in Windsor and Essex County

2008

2007

2006

%INC/DEC

[ 2007 - 2008 ]

Total # of Listings [Month]

1085

1350

1392

-20%

Total # of Listings YTD

3543

3879

3959

-9%

Total # of Expired Listings [Month]

589

636

578

-3%

Total # of Expired Listings YTD

1499

1549

1512

1%

Total # of Sales [Month]

404

436

537

-7%

Total # of Sales YTD

1130

1162

1254

-3%

Avg. Sales Price YTD 2008

$163,961

Avg. Sales Price YTD 2007

$159,727

               

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