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Dec/23

Dec23_Issue

Top 5 Questions

From Sellers in 2023

Over the past several years in Windsor/Essex County, sellers have enjoyed a fairly rewarding seller's market. As a result, the cost of buying was higher depending on what you were purchasing. I still remember the feeling when our region started getting multiple offers on listings, and discussions met with disbelief on sale prices for certain properties were had.

Ultimately, the pricing continued to surpass those early shock factor sales by a significant margin. Now that 2023 is almost in the books, it seems sellers may have had a lot more questions than answers, and rightfully so. Let's dive into what Synergy Real Estate felt were the top 5 questions from sellers in the Windsor/Essex real estate market for 2023.

Article by Matthew Buschman

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CLICK HERE TO READ THE FULL ARTICLE


November 2023 Market Report


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According to WECAR's monthly report, 319 homes were sold in November, down 8.8 per cent compared to the 350 homes sold during November 2022. 


A total of 801 homes were listed for sale in November, an 8.3 per cent increase over the 739 homes listed for sale during the same month a year ago. 
 
The average sale price rose to $529,143, a 3.32 per cent increase compared to an average price of $512,151 in November 2022. 
 
The average year-to-date price of a home has dropped over 10 per cent to $558,449, down from $622,275 during the same time a year ago. 
 
Year-to-date sales are down over 16 per cent with 4,661 homes sold so far this year, compared to the 5,552 homes sold over the same time frame last year. 


Top Mortgage Rates


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Are you in the market for a new home or looking to refinance your current mortgage? Look no further! Our team of experts can help you access the top mortgage rates and products available, so you can find the best deal for your unique situation.

Don't wait, contact us today to start the process and take the first step to finding your dream home!



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Local Events


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Christmas at Heritage Village

Every weekend in December


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Windsor Spitfires vs Oshawa Generals

Dec 9th | 7:05pm


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Bright Lights Windsor

Dec 1st- Jan 7th


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Windsor Symphony Orchestra Holiday Pops

December 16th @ 7:30pm



Active Listings


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297 Lakeside Drive

FOR LEASE

3 Bed | 2 Baths

Lakefront Living in Wine Country. Turnkey and Renovated, Furnished and Ready!


CLICK HERE FOR DETAILS

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Vacant Land

FOR SALE

LOT: 419 x 275 (2.65 Acres)

PRIME HOTEL OPPORTUNITY!

Commercial - Com/Multi-Res

Multi-Res (re-zoning)


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Building w/ Lease

FOR SALE

LOT: 305 x 275 (1.93 Acres)

Building: 15,925 sqft

Long Term Tenant

*BUSINESS NOT FOR SALE


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LEASED_1

660 Laurier Drive

Attention first time homebuyers and investors searching in beautiful Lasalle! This quaint home offers 3 bedrooms and 1 bathroom on a large lot with ample parking.


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Client Reviews


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"Jess Charlton is undoubtedly one of the best real estate agents we've had the pleasure of working with. Her quick responses and meticulous attention to detail put us at ease throughout the process. What truly sets Jess apart is her commitment to going above and beyond for her clients. This is the second time our family has trusted her with our real estate needs, and it certainly won't be the last. We wholeheartedly recommend Jess to anyone looking for a seamless and exceptional property experience."


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"We recently had the pleasure of working with Peter-James Lucente on the purchase of our new home. He was very professional, knowledgeable, and always answered my calls and messages swiftly. In this ever changing real estate market, there are a lot of moving parts and he was able to negotiate a successful offer. We thank him for all of his help!"



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