Bidding Wars Are Back! (But not for long)

Monday Feb 24th, 2020


This video compares the beginning of 2020, with the beginning of 2019. The average price is up by 12.3%. All home styles have appreciated over the past year. Throughout the past few years, our market has seen condominiums appreciate... but detached homes been relatively stable. However, detached homes have gone up by 10.5%! One of the major factors influencing the price growth is the lack of listing inventory. Active listings are down by 35% over the past year. Couple this with the fact that more buyers are in the makes it an appropriate time to put your home on the market for sale. 
Please call me if you plan to buy/sell in the next 30 days! I won't let you down :)
Michael Duggal

Post a comment