How's the market? As a Realtor, I hear that question a considerable amount. The answer varies depending on your location. Currently in the Westvale area of Waterloo, there are 11 resale houses for sale from $259,000 to $499,900. To put that number into perspective, in the Huron Village area of south Kitchener, I found 11 properties for sale on one street alone!
In the first 3 months of 2011, there were 12 Westvale resale homes sold through MLS. They ranged in value from $259,000 to $430,000. The average days on the market for these homes was a brisk 31 days. Sellers received, on average, 98% of their asking price.
What can we expect in the coming months? I anticipate the sellers market to continue in Westvale. Spring is the busiest time of the year as sellers seek to time their moves for the end of the school year.
Are you curious about the value of your home? Need advice or tips to prepare it to sell? Want to know whether you should sell first or buy first? Wondering when you should put your home on the market to maximize your equity? Need help finding the perfect home? I'm here for you...feel free to call or email 519-505-4488 firstname.lastname@example.org
Century 21 Home Realty Inc. Brokerage
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