February 2024’s Real Estate Snapshot Courtesy: Royal LePage Binder Real Estate Blog Even though temperatures have been up and down this spring, Windsor Essex County’s real estate market has been steadily warming up since the beginning of the year. The Numbers February’s residential sales were almost 6% higher when compared to February 2023! This is accompanied by a climbing average sales price, which reached $534,655 last month. There was also an increase in the number of active listings, with over 1,000 homes listed in February. This represents a roughly two-month supply of homes. What’s Selling Best? Bungalows and ranches were the most popular styles of homes in February. However, all types of homes are benefiting from a shorter average time on the market – it dropped to 30 days last month due to the uptick in sales. All homes except for raised ranches saw an increase in average sale price. While these numbers all bode well for the spring market, it’s important to speak with an experienced agent before jumping…
FEBRUARY 2024 MARKET REPORT A look at the Real Estate Market in Windsor Essex County, for FEBRUARY 2024
Winter Nights, Theatre Lights: Exploring Windsor Essex County's Local Theater Scene Courtesy: Royal LePage Binder Blog Looking for the perfect winter date night? Check out one of Windsor Essex County’s incredible theatre groups! The local theatre scene is diverse and active – there is always a show running that you’ll enjoy. If you’re new to theatre, check out these heavy-hitting local theatre companies! Korda Artistic Productions This charming theatre company is smaller in size but offers unique, original productions, as well as timeless favourites. Psycho Beach Party, an adaptation of the 2000’s movie, is running until the end of February. Other shows in Korda’s 2024 season include The Three Musketeers and Frankenstein. Windsor Light Music Theatre If you’re a fan of musicals – this is the theatre company for you. Windsor Light Music Theatre puts on big, bold, popular musicals. While there isn’t anything running right now, High School Musical Jr starts in April, and The SpongeBob Musical and A Christmas Story: The Musical later in the year. This theatre…
January 2024 Real Estate Snapshot The Windsor Essex County real estate market has made it through the holiday slump, but where do we sit now?
FOR SALE - 9625 ASGARD, WINDSOR Charming 3-bedroom, 2-bathroom family home in a highly sought-after location.
Is NOW the right time to SELL?? Courtesy: Royal LePage Binder Blog With the rise of interest rates, over the last few years we witnessed a more reluctant Buyer and Seller. Now that interest rates have remained consistent for the past several months and are forecasted to decrease starting in Q2 of 2024 and continuing into 2025, all of those hesitant buyers will begin to enter the market. With increased demand comes, you guessed it, an increase in multiple offer situations and higher prices. While this is good news for sellers, it is also a good time for post pandemic buyers who have been saving their money and are eager to buy their next home, to get ahead of the market surge we usually see within the next few months. Typically, spring and summer are considered peak seasons for real estate transactions, but right now is a unique window that might offer a less crowded market with motivated buyers looking to make a purchase before the busy season starts. Take a look at what the CEO of Royal LePage Canada has to say about…
