09/02/2026
As we turn the page to September, summer is winding down and the fall real estate market is just around the corner. 🍂🏡
August continued to show a relatively steady residential market, with activity easing slightly as we moved through the final month of summer.
📊 August market highlights:
• Sales were down approximately 8% compared to July.
• New listings declined about 3%.
• Months of inventory increased slightly from 4.9 to 5.3 months.
• Pricing continues to hold firm, with the year-to-date average sale price sitting around $564,000.
The Bank of Canada has also held its current rate, and with inventory remaining steady, we may see similar market conditions continue through the remainder of the year. 📈
👀 Looking ahead, there could be a busier fall market. Sales are currently down about 5% year-to-date compared to last year, but our region's population continues to grow. This could translate into increased sales activity through the fall, even if pricing remains relatively flat.
There are also plenty of reasons for continued optimism in Windsor-Essex. Our region continues to benefit from major industries and large-scale projects, including the tool and die sector, greenhouse industry, the new hospital, NextStar Energy and the Gordie Howe International Bridge. 🌱🏗️
Of course, tariff and trade uncertainty remains a factor, and it's still difficult to predict exactly how those changes may affect our local economy. 🌎
Overall, Windsor-Essex continues to demonstrate resilience, with a relatively balanced market offering opportunities for both buyers and sellers. ⚖️
