More Sales / Higher Prices

The home sellers must love these number - the homes buyers not so much.  The number of units sold went up by 54% in comparison to the month before. In all style of homes, detached homes, semidetached home  and condominiums ( there were not townhomes sold in the area) the median price went up. The biggest winner were the detached home with a price increase of 20%. Followed by the semidetached homes with an increase of 15% and the condominiums with an increase of 6% . More often than not homes sold at the asking asking or over. Which means for the buyers, if your maximum price is  $1,000,000 you better look for homes listed below to allow for an offer over the asking price. There is still a shortages of homes for sale and interest are still very reasonable. ​Do you have any questions? Let us know - we'd love to hear from you. 647-297-9700