May statistics for the Parkwoods-Donalda.
Comparing to April numbers 58.3% more units were sold. However the median sold prices of detached homes (-1.32%), semis (-10%) and condos (10.25%) went down a little. Semis and condos had the biggest adjustments.
In general there are fewer showings on listings and also fewer offers. Key is pricing the home right from the beginning. Contact us for more info.
The month of inventory is low across the board.
A balanced market is around 3 month of inventory. As per the chart the months of inventory is for detached homes 1.25. Which means if there were no new listings coming to the market, in 45 days there would be no more detached homes for sale in the area.
Thinking of selling? Please let us know, we specialize in the area and have lived here for many, many years. 647-297-9700 - call or text. We'd love to hear from you.
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