February was another positive month for realtors in Windsor and Essex County. Both listings and sales increased last month.
According to the Windsor Essex County Association of Realtors, sales increased 5.84 per cent last month, and market activity rose 3.94 per cent.
February was the second consecutive month since last August that home sales increased as 326 properties changed hands compared to 308 during the same month of 2023.
Home sales are up 8.77 per cent this year after January’s 5.34 per cent increase.
More people put their homes on the market.
Realtors put For Sale signs on 659 properties last month compared to 634 in February 2023. After two months, year-to-date market activity climbed 4.99 per cent.
There were 1,083 properties listed for sale in the region when the association published its report.
The average price in Windsor-Essex was $576,546, a 10.14 per cent increase from a year ago and up 7.83 per cent from January.
The median price for a home was $552,556 in February.