There are many great Toronto area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (905) 456-3232 for a FREE home buying or selling consultation to answer any of your real estate questions.
Welcome back, everyone. We are here today to give you a quick market update for the Greater Toronto Area so you can be informed on the health and status of the real estate market.
In Toronto right now, homes are selling quickly. Inventory has been cut down quite a bit because people are taking their homes off the market at a higher rate. What we do have left is a strong seller's market due to the low inventory.
To differentiate yourself among buyers, here are two easy ways to add value to your home, without spending a ton of money:
1. Invest in some paint
2. Spice up your curb appeal
Paint the front door, clean your yard up, and make sure your garage looks nice. These are the first things buyers see when they arrive at your home.
If you are in a condo, paint and flooring are 90% of what buyers see. New paint and carpet might not be a bad idea here.
In terms of numbers, one thing we like to track is active listings on the market. Right now there are 7500 homes for sale across the GTA, compared to only 2500 in January of this year.
We are also finding that there are, on average, 2500 home sales per month. This tells us we have a healthy market and economy, where people are buying and selling on a regular basis.
If you have any questions at all, we would love to hear from you. Give us a call, text, or email and we will get right back to you. We look forward to hearing from you soon!
No comments :
Post a Comment