April 2025 Market Report April showers in a mix of emotions! - Listings continued their upward trend with inventory now vastly approaching 4.5 months.
- Sales, although up from March, are down approx 15% compared to 2024.
- Prices surprisingly remained steady which is giving the impression that even with all the political and economic news, the market is holding steady and waiting with hope & anticipation of a positive turnaround in the near future.
- We've seen an active boost in sales in the $500,000's and $600,000's price ranges. If this maintains in the coming months, we can see a spill over into the $700,000's +.
- Homes $900,000+ are growing in inventory and may be the best bang for your buck. If you are looking to upgrade and/or purchase in the $900k or $1M+ range, this may be the time to consider it.
- There is growing demand and pressure for the Bank of Canada to further cut rates. It is likely we can see 2 upcoming cuts with June and July's announcements.
- The market overall appears to be balanced, however, if the current trend of increased listings and declined sales continues, we may shift into a "Buyer's Market'.
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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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Synergy Partner Spotlight – MayThis month, we're proud to feature Mister Style: Premier Home Staging, Windsor-Essex’s go-to for transforming listings into stunning, market-ready homes. With expertly curated furniture and eye-catching design, Mister Style helps properties stand out and sell faster. Learn more at www.misterstyle.ca. #StageToSell #MisterStyle #SynergyPartners
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This Month’s Recipe: Creamy Lentil SoupThis month, we’re serving up a bowl of comfort with our Creamy Lentil Soup. Hearty, nutritious, and full of flavour, this recipe is perfect for those in-between days when the weather hasn’t quite made up its mind. Packed with protein and warming spices, it’s a cozy, satisfying dish you’ll want to make on repeat.
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| 71 Talbot St. N. Essex, ON Rare opportunity Coming soon to Essex and realtor.ca FOR SALE FOR LEASE BUILD TO SUIT
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| 1036-1038 Drouillard Windsor, ON ATTENTION INVESTORS! Rare opportunity to develop in the heart of one of Windsor Ontario's most trending/upcoming areas Ford City! Capitalize on the high rental demand for both commercial + residential with the opportunity to work directly with Ford City BIA in additional to the City of Windsor CIP grant programs to assist with financial relief. VL lot is approx. 30' x 100' and the Building sits on the approx. balance of 30' x 100' and includes approx. 3,500sqft under a CD2.2 zoning. Commercial and residential uses are permitted for each.
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| 4165 Tecumseh Rd. E Windsor, ON ATTN: UOW and ST.CLAIR Students! Introducing another Buschante Development Group location and 1st of it's kind ready for May 1st, 2025. 5 bedrooms + 2 baths, over a large 2200sqft layout, but also providing a formal living room (200sqft), kitchen (200sqft) w/ Quartz Stone Island (10ft 6 person), dining room (110sqft) and laundry/storage (120sqft). Rear parking up to 6 cars + ALL Utilities, Internet, HD TV, snow, grass and garbage/re-cycling INCLUDED! Ensure your stay is with Buschante! (Avg. PP $750) 3 Units Available. Add. Info: www.buschante.com
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| 4165 Tecumseh Rd. E Windsor, ON ATTN: UOW and ST.CLAIR Students! Introducing another Buschante Development Group location and 1st of it's kind ready for May 1st, 2025. 5 bedrooms + 2 baths, over a large 2200sqft layout, but also providing a formal living room (200sqft), kitchen (200sqft) w/ Quartz Stone Island (10ft 6 person), dining room (110sqft) and laundry/storage (120sqft). Rear parking up to 6 cars + ALL Utilities, Internet, HD TV, snow, grass and garbage/re-cycling INCLUDED! Ensure your stay is with Buschante! (Avg. PP $750) 3 Units Available. Add. Info: www.buschante.com
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| 3218 Baby St. Windsor Unit 1 ATTN: UOW and ST.CLAIR Students! Introducing another Buschante Development Group location and 1st of it's kind ready for May 1st, 2025. 5 bedrooms + 2 baths, over a large 2200sqft layout, but also providing a formal living room (200sqft), kitchen (200sqft) w/ Quartz Stone Island (10ft 6 person), dining room (110sqft) and laundry/storage (120sqft). Rear parking up to 6 cars + ALL Utilities, Internet, HD TV, snow, grass and garbage/re-cycling INCLUDED! Ensure your stay is with Buschante! (Avg. PP $750) 3 Units Available. Add. Info: www.buschante.com
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| 38 York Blvd. Extraordinary custom-designed 3600sf modern 2 sty farmhouse is the newest creation to be built by luxury renowned home builder, Wescon Builders. Meticulously designed with endless amounts of detail & upgrades throughout. Every aspect of this residence will showcase unparalleled function, craftsmanship & luxurious features.
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| 3295 Banwell Rd. PRIME SOUTHWESTERN ONTARIO Development Opportunity! Site options include: MAX 2 STOREY (16,950SQFT). This corner site has a newly created set of lights in addition to alternate access routes. This 1.35 acre site zoned CD2.1 is IDEAL for AAA / professionals and all but guarantees absolute success to any future investor/developer. FULL Package available to experienced buyers only.
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| 3217 Banwell Rd. PRIME SOUTHWESTERN ONTARIO LAND Development Opportunity! Site options include: Com/Retail (approx 27,000sqft bldg), Hotel (approx 103 rooms w/5000sqft restaurant), Res/Com (approx 72 units) or 100% Residential (approx 153 units). This 2.65 acre site zoned CD2.1 is an IDEAL CMHC Funded project and all but guarantees success to any experienced investor/developer. Investors package available.
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| 3217-3295 Banwell Rd. INTRODUCING...MERCATO Square to what is arguably one of Windsor/Essex County's fastest growing areas. Absolute prime and rare opportunity to operate in Windsor's highly expanding East End. This 211’.81”W x 275’D (CD2.1 zoned) corner site has a new set of lights plus multiple access points. MAX building allowance apprx 16,950sqft. $25 NET + CAMS. OPTION TO SUBDIVIDE. Location almost guarantees success with any global tenant or professional! Contact us today for full details!
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| ⭐⭐⭐⭐⭐ "I was fortunate enough to have met Matt from Synergy Real Estate Group. Not only did he help me purchase my home, but he also helped me sell it (in this crazy/always changing interest rate market). Matt was there every step of the way, giving me solid market information while setting straight forward expectations on every potential offer. One thing I can say for sure is Matt does his homework! He was fair and mindful of all parties involved, and always there to answer questions I had. I cannot recommend Matt and the whole team at Synergy enough!"
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