📊 Windsor-Essex Real Estate Market Snapshot – May 2025
Average Sale Price:
📉 $556,855
This reflects a 2.70% decrease from May 2024 ($572,304). Year-to-date, the average price sits at $564,394—very close to the $569,583 from this time last year.
Home Sales:
🏠 491 homes sold in May 2025
That’s a slight dip of 1.01% from the 496 sold in May 2024. YTD, sales total 1,902—down 8.07% from 2,069 the year prior.
New Listings:
📈 Up 9.89% compared to May 2024
This rise in listing inventory is giving buyers more options and shifting the market toward balance.
🏷️ Hottest Price Ranges
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$420,000–$549,999: 154 homes sold in May
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$550,000–$699,999: 106 homes sold
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$360,000–$419,999: 247 homes sold YTD
📈 Evolving Market Conditions
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Active Listings: Up 25.1% compared to April 2024, reaching a 7-month high.
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Months of Inventory: Now at 3.7 months (as of May), suggesting more balanced market conditions are emerging.
💸 Interest Rates & Economic Outlook
The Bank of Canada held its key interest rate at 2.75% in June, citing persistent inflation pressures and global uncertainty.
📅 The next rate announcement is scheduled for July 30, 2025, and analysts anticipate two more rate cuts before year-end, potentially improving affordability.
💡 Takeaways for Buyers & Sellers
For Buyers:
✅ More listings mean more choice—and more negotiation room.
✅ We’re seeing the return of conditions and pricing flexibility.
For Sellers:
🕒 Homes are spending more time on the market.
📊 Competitive pricing and polished presentation are critical for standing out in a more balanced landscape.
Buying or selling, if you’re contemplating a move, now is the ideal time to prepare—not necessarily rush, but be ready. Getting pre-approved will help you determine your budget, secure advantageous rates, and position you to act swiftly when the perfect home hits the market.
📞 Have Questions About Buying or Selling in Windsor-Essex?
We’re here to help you make sense of the data and plan your next move with confidence.
Reach out to The Dan Gemus Real Estate Team Ltd., Brokerage 7 days/week: 519-566-5565 and find us online: www.DanGemus.com
About The Dan Gemus Real Estate Team
The Dan Gemus Real Estate Team is a top trusted real estate team located in the heart of Windsor and Essex County, ON, offering exceptional service and expertise with helping clients successfully buy and sell homes and navigate the homebuying and selling process in Windsor and Essex County with ease. With a proven track record of success and deep roots in the community, The Dan Gemus Team is committed to helping clients achieve their real estate goals with integrity, professionalism, and a client-first approach. Whether you’re thinking of buying, selling, or investing, we’re here to guide you every step of the way. Tune in to The Dan Gemus Real Estate Show for expert insights and Windsor and Essex County market updates, and don’t forget to explore our exclusive VIP Perks Program, offering incredible discounts and benefits from local businesses. Discover how we can make your real estate journey exceptional at DanGemus.com.
This blog is not intended to replace legal or tax advice nor is it intended to solicit those currently under contract with another Brokerage. Statistical information is provided by the Windsor & Essex County Association of REALTORS® and may be subject to adjustment.
