April 2021 Real Estate Market Statistics – Windsor/Essex County
What a difference a year makes! April 2021 statistics just arrived from WECAR (The Windsor Essex County Association of Realtors) and we’re ready to break them down for you – let’s get into it!
The average sale price for April 2021 is now $571,943 which is a whopping +60.46% increase over a year ago! The median sale price is at $526,023 which is up 59.40% over 2020*
In April 2021 there were 943 listings which is a 103.23% increase over the same time last year and sales were at 694 which is up 132.11% over last year’s numbers. That is a significant increase folks! Now to be fair we were in our first lockdown in April 2020 and while we were of course in another lockdown in April 2021 … I think we can all agree that the general comfort level with life in a pandemic is higher this year than it was last. How much of an influence over the numbers is anyone’s guess.
If we take a look at where the changes happened in April 2021 throughout the various price categories, we’ll see a big boost in the $600+ price point and especially in the over $1.2 million range. We had 10 transactions over $1.4 million last month. Here’s the breakdown:
UNIT SALES BY PRICE CATEGORY:
- $0 – $159,900 (7)
- $160,000 – $299,999 (58)
- $300,000 – $449,999 (230)
- $450,000 – $599,999 (185)
- $600,000 – $749,999 (254)
- $750,000 – $899,999 (77)
- $900,000 – $1,199,999 (37)
- 1200000 – 1,399,999 (11)
- 1,400,000 + (10)
For April 2021 the most popular styles of homes were:
- Bungalow (145 units) avg price $459,129
- 2 Storey (129 units) avg price $725,186
- 1.5 Storey (86 units) avg price $447,952
- Ranch (82 units) avg price $634,674
- Raised Ranch (70 units) avg price $642,615
Wondering what listings and sales are like in your location? As you can see on the graphic outside of the typical highest level of listings/sales in the Windsor, LaSalle, Tecumseh area – Amherstburg once again is an active market with 83 listings and 72 sales. Next up is Leamington with 59 listings and 48 sales and then Lakeshore West with 52 listings and 45 sales. Kingsville had a fairly big spread between listings and sales at 44/24 respectively as did Tilbury with 18/9. Here’s the breakdown.
APRIL 2021 LISTINGS/SALES BY AREA:
- Windsor, LaSalle, Tecumseh – 599/426
- Amherstburg – 83/72
- Colchester/Harrow – 15/12
- Kingsville – 44/24
- Leamington – 59/48
- Wheatley – 7/5
- Lakeshore West – 52/45
- Essex – 34/25
- Lakeshore East – 19/19
- Tilbury – 18/9
As always averages are a great way to paint a generalized portrait of the health of the local real estate market however many factors can influence what your home is worth such as location, style, condition, age etc. Contact one of our knowledgeable REALTORS today for a free, no obligation home evaluation and find out what your home could be worth in this current market.
Looking to buy? Sure, it’s a Seller’s market, no doubt about it – however our Team of REALTORS has the experience and market knowledge to help you land that perfect home, even in these challenging times.
Call Angie Goulet & Associates today at 519-997-4460 or visit www.AngieGouletAndAssociates.com.
Take care and stay safe everyone!
* The median sales price is when you take all of the sales prices listed in numerical order and pick the price in the exact middle of the list, if there is an even number of sales, it is the average of the two middle prices.
