Strong Stats leaning towards a Sellers Market per recent stats for Month End March 2015

Units sold up 71% (approx) March 2015 vs. March 2014. Dollar volume up 90% (approx) March 2015 vs. Source: March 2014 NHAR MLS stats Month End 03/15

Good news for Sellers ~ The Average Sale Price of a Residential Home per Northumberland Hills Association of Realtors MLS Stats For Month End March 2015 is $284,270 vs. $268,569 last year to date. This indicator is only Residential and does not include Non-Residential units (Farm, Vacant Land, Commercial, IC & I Listings)

Additional impact to the Market is there is lower inventory available, so if you find a home you like you may not want to speed up the "shopping around" instead of casually browsing ~ to be sure you don't miss out on one you prefer...

The upside for Buyers is that the interest rates are still very low. You can ask your Mortgage Professional to guide you regarding your eligibility and the affordability of various price points.

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