As we wrap up November 2024, the Windsor-Essex real estate market is showing strong signs of growth. Whether you’re considering buying your first home, selling, or simply staying informed, understanding these key market trends will help you make the best decisions for your future.

Let’s take a closer look at the current market activity and what it means for you.

Windsor-Essex Market Activity – November 2024

• Market Activity (November): 📈 Up by 4.57%
• Market Activity Year to Date: 📊 Up by 11.29%
• Sales (November): 🏡 Up by 9.47%
• Sales Year to Date: 📉 Up by 2.91%
• Average Price (November): 💰 Up by 10.37%

Average Price Comparison:

• November 2023: $529,538
• November 2024: $584,452

What These Trends Mean for You

The Windsor-Essex real estate market is experiencing healthy growth. Here's a breakdown of what these trends mean for buyers and sellers:

1. Strong Seller’s Market

With home sales up nearly 10% in November and a year-to-date increase of over 2%, it’s clear that demand is high in the Windsor-Essex area. For sellers, this could be the perfect time to list your home, especially if you're looking to capitalize on the rising prices.

2. Rising Home Prices

The average price of homes in Windsor-Essex has increased by over 10% in the past year. This means that if you’re looking to buy, you’ll need to be prepared for higher prices, but don’t worry—Cynthia Padilla can help you navigate the market and find the perfect home within your budget.

3. More Inventory and Increased Activity

Market activity is up across the board, signaling that more buyers are active and looking for their ideal home. This increased competition means it’s important to act fast when you find a property you love. Working with a REALTOR® like Cynthia ensures you’re getting the inside track on listings and can make quick, informed offers.