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Market Activity and Statistical Report For Windsor and Essex County for February 2008

Here is a summary of the Real Estate Statistics provided by the Windsor and Essex County Real Estate Board for the Month of February 2008.

Sales month-over-month in February increased by 3% over February of 2007. Listings taken in the month increased by 5% BUT year-to-date listings fell by -3%

Prices were higher from a year ago from $158,914 to $162,937. Despite all of the doom and gloom for our local economy, statistically things don’t look all that bad.

Overall Market February 2008 in

Windsor and Essex County

2008

2007

2006

%INC/DEC

[ 2007 - 2008 ]

Total # of Listings [Month]

1125

1067

1230

5%

Total # of Listings YTD

2453

2529

2567

-3%

Total # of Expired Listings [Month]

432

436

428

-1%

Total # of Expired Listings YTD

925

913

934

1%

Total # of Sales [Month]

398

386

427

3%

Total # of Sales YTD

726

726

717

0%

Avg. Sales Price YTD 2008

$162,937

Avg. Sales Price YTD 2007

$158,914

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Posted Friday Mar 07