Windsor-Essex County Association of REALTORS®

The number of homes sold through the MLS® System of the Windsor-Essex County Association of REALTORS® totaled 411 units in March 2026. This increased by 6.8% from March 2025.

Home sales were 19.4% below the five-year average and 28.1% below the 10-year average for the month of March.

On a year-to-date basis, home sales totaled 997 units over the first three months of the year. This was a decline of 5.7% from the same period in 2025.

“As we exit the first quarter of 2026, the Windsor-Essex real estate market is establishing a new benchmark after a period of significant volatility, with a flat market representing a stable foundation,” said Julianna Biondo, President of the Windsor-Essex County Association of REALTORS®. “This stability, paired with targeted policy shifts like development charge cuts, is essential for maintaining long-term health and affordability in our regional housing sector.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $574,900 in March 2026, falling by 2.1% compared to March 2025.

The benchmark price for single-family homes was $619,500, a modest decline of 2.3% on a year-over-year basis in March. By comparison, the benchmark price for townhouse/row units was $440,300, nearly unchanged, down only 0.8% compared to a year earlier, while the benchmark apartment price was $388,100, a minor decrease of 3.1% from year-ago levels.

The average price of homes sold in March 2026 was $532,208, down by 6.8% from March 2025.

The more comprehensive year-to-date average price was $524,975, a decrease of 6.4% from the first three months of 2025.

The dollar value of all home sales in March 2026 was $218.7 million, a slight reduction of 0.5% from the same month in 2025.

The number of new listings decreased by 1.2% (13 listings) from March 2025. There were 1,107 new residential listings in March 2026.

New listings were 5.1% above the five-year average and 17.2% above the 10-year average for the month of March.

Active residential listings numbered 1,682 units on the market at the end of March, a modest gain of 3.6% from the end of March 2025. Active listings haven’t been this high in the month of March in more than a decade.

Active listings were 35.6% above the five-year average and 58.6% above the 10-year average for the month of March.

Months of inventory numbered 4.1 at the end of March 2026, down from the 4.2 months recorded at the end of March 2025 and above the long-run average of 2.1 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.