By: Corrie Harding-Keizs

What people are talking about right now!

Tags: Buyers Real Estate Latest Numbers Price Homes For Sale

Calling all buyers, new, those on the sidelines and those that thought the opportunity to buy passed you by, this is your moment.


The real estate numbers are in. I've analyzed and paraphrased them just for you. Here's what you need to know:


The average price of a home is $1,074,754, which means that the average sale price of a home is up +1.2%. That's up by $13K in the last 12 months.


Homes are selling in approximately 29 days. This means that from the time a home is listed on MLS, it takes approx. 29 days to accept an offer. Closing typically takes 30-90 days.


The number of homes for sale is down by -4.1%. With sales down -47.4% in some areas and the number of new listings, we are in a more balanced market.


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No matter what s happening in the real estate market, people will always have a reason to buy and sell. 
We call these the 4-D's.  ?
The market has shifted, you know it, you see it, you’ve heard basically everyone speak to it. Yet still, some of us (particularly those listed on the market during the shift) are having a hard time accepting it. 
Have questions about how this changing market will impact your real estate plans? Let's chat, I am here as a real estate resource to you.

Email, call or text me at (416) 833-5516.