Average monthly home sales price drops to $523,928 in Windsor-Essex
House for sale in Windsor-Essex, Ont. on Wednesday, April 20, 2022. (Chris Campbell/CTV Windsor)
The average home sales price and number of homes sold in Windsor-Essex dropped in September.
The Windsor-Essex County Realtors Association says home sales dropped 41.93 per cent this September, compared to last September.
There were 403 houses sold in the region in September, compared to 694 a year ago.
WECAR says the average home sales price also fell to $523,928 in September. It was $550,763 in September, 2021.
The average monthly prices have dropped almost $200,000, from the peak price in 2022 of $723,739 in March.
The market activity for September was down 14.99 per cent, but the year-to-date market activity is up 17.76 per cent
The number of available listings in Windsor-Essex at the time of the WECAR September report is 1,457.
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