Windsor-Essex home sales drop 50%, average price down 10%
Re/Max sale sign in Windsor, Ont. on Thursday, Oct. 15 2020. (Rich Garton/CTV News Windsor)
Half as many homes sold in Windsor-Essex in November, compared to the same month a year ago, according to the Windsor-Essex County Realtors Association.
WECAR says home sales down 50.96 per cent across the Windsor Essex region in November, 2022.
Housing sales in Windsor-Essex in November 2022. (Source: WECAR)
There were 331 houses sold in the region in November, compared to 675 a year ago.
The average home sales price also fell 9.94 per cent to $511,275 in November. It was $567,708 in November, 2021.
The average monthly prices have dropped about $212,000, from the peak price this year of $723,739 in March.
The market activity for November was down 17.5 per cent, but the year-to-date market activity is up 12.2 per cent.
The number of available listings in Windsor-Essex at the time of the WECAR November report is 1,274.
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