2012 Gearing up to be a Good Year in Real Estate
Since January 1,2012 the Quinte area has seen a good start to the year with respect to Real Estate. In the past 13 days there have been 204 new listings, 26 homes sold, with an average of 130 days on the market. A listing average of $210,654 and a total selling average of $200,623. Now keep in mind that is the whole of Quinte, some area averages will be higher, some lower. What this information tells me is the traditional selling times like the "spring market" and "fall markets" lines are being blurred, extending these peek times beyond the general perception. There are good arguments to waiting till a strong market falls in line with your needs, and equally as good arguments can be made to seize the moment. Taking advantage of what the market is experiencing right now can be equally as beneficial if not more, then waiting till the media tells you its the right time. If you are looking at a real estate transaction this year, my best advice is CARPE DIEM!
Posted by Natasha Huizinga
on January 13, 2012