Mike Berthiaume Your Realtor in Windsor Essex
Windsor-Essex County Market Watch

BUCKINGHAM REALTY (WINDSOR) LTD. MARKET WATCH
Windsor-Essex County Residential Market
For the Period Ending October 31, 2011

During the period ending October 31, 2011 there were 4209 residential sales in the market place this compares to 4197 residential sales for the same period in 2010.

As of October 31, 2011 there were 10,971 residential listings received this compares to 11,469 in the same period for 2010 and is a decrease of 4%.

The sales to listings ratio (listings sold expressed as a percent of listings received) for the period was 50% in 2010 it was 48%.

The inventory of the active residential listings as of October 31, 2011 was 2833, this compares to 3018 in 2010. This is a decrease of 6% in active residential listings.

The average residential selling price was $170,890 for the period ending October 31, 2011. This is an increase of almost 5% from 2010.

The average listing during the period took 75 days to sell (74 in 2010) and sold for 95% of the list price.

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