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Scroll through below to browse our most current Market Updates for Brantford, Brant County, Paris, Haldimand, Norfolk, Hamilton, Burlington, Cambridge and Woodstock.
June 2022
Market Update
Looking at ... 2022 and comparing the data from ... 2021, we see a shift in the market without a doubt.
More and more inventory hitting the MLS daily and a lower over asking sale price is the outcome
More importantly, zooming in on a look from March 2022 to April 2022 alone we are seeing a massive shift from month to month with inventory almost doubling in some regions and sale prices (still over asking) yet not as high. Some regions are seeing a large decline in the over asking bids that were 23% over asking in March and now 10% over asking in April.
We are projecting this to be a trend you’ll see through the busy spring market, making it somewhat easier on the buyers and not as much of a slam dunk for the sellers.
List price strategy is key when listing for sale and having a local, knowledgeable realtor in your corner as a buyer will make the difference of winning or losing the bid!
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