Thinking of buying or selling your home? Here's some interesting data from August, 2008 from the Windsor-Essex Board of Realtors.
Compared to a year ago....
Market Activity is down 3.44% YTD and 11.94% in August. 7880 homes have been listed this year vs. 8161 last year.
Sales are down 6.58% YTD and 18.18% in August. 3404 home have been sold this year vs. 3181 last year.
For the 389 homes sold, the average price is down 1.35% YTD and 5.10%. Average selling price YTD was $164,280 vs. $165,068 last year, while the average selling price in August was $166,099 vs. $170,018 last year.
In terms of home sold by price category,
$ 60,000 - $99,999 73
$100,000 - $119,999 45
$120,000 - $139.999 52
$160,000 - $199,999 71
$200,000.- $299,999 83
$300,000 - $399,999 22
$400,000+ 10
Although this chart does not indicate how many listings fell in each price category, the numbers suggest that sellers of low to moderate priced homes are more likely to sell, while buyers can find plenty of good, affordable homes in the area.
What kind of home is most likely to sell?
Ranch 76
Raised ranch 73
2 Story 63
1 ½ Story 48
Bungalow 47
South Windsor had the highest number of listings and sales for the month.
Your Windsor home awaits. For information about the latest listings in Windsor, call your Prudential Select Real Estate Agent Mark Tesolin at (519) 972-5505 or visit http://marktesolin.com.