Great Opportunity for Home Sellers

Did you know that right now the number of homes for sale (inventory) in Peterborough & Peterborough County is lower than it has been since January 2005! If you are a home buyer currently shopping for a new home you are well aware of the limited options. We are seeing more multiple offer scenarios again on well priced, properly marketed listings. If you are a home seller, you currently have a great opportunity. We can see from this chart that over the last 5 years sellers have consistently entered the market in the greatest number in May. However, this also means they will be facing the greatest amount of competition in the real estate market year. With an active buyer pool right now it is a great time to consider listing your home to sell as you will face lower competition and with a firm sale in place, you will be entering the spring market, a period with the greatest choice in new listings to buy. You will also be in a strong financial position, having already secured the sale of your existing property, giving you an edge over competing offers. Need some help getting your home ready to sell. Give me a call (705-927-0327) to discuss how we can maximize your sale potential and put you in a great position to purchase your dream property this spring!

 

2018 When home sellers enter the market in Peterborough

Andrew McCrea

Andrew McCrea

Sales Representative
CENTURY 21 United Realty Inc., Brokerage*
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