MARKET STATISTICS | APRIL 2021
Monday May 03rd, 2021
๐๐๐ ๐๐ ๐๐๐๐ ๐ ๐๐๐๐: ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ | ๐๐๐๐๐ ๐๐๐๐
LATEST REAL ESTATE MARKET REPORT:: https://bit.ly/3vCr5MZ
Surprise Surprise, the April real estate market is once again hotter than ever and continue to break records across GTA. Sales in most areas doubled and tripled what they were last April. Properties are moving fast, with the average of 9 days on the market. So what does that mean for buyers? For one, you need to be prepared: get pre-approved, get your deposit ready to go, and be ready to make a firm offer - or maybe even a bully offer.
Buying right now can be an intense experience, with the trend towards offer dates creating some stiff competition. But that doesn’t mean now is a bad time to buy. If you’re prepared to buy and hold, history shows that while prices may fluctuate, they do go up steadily over time. (It’s not about timing the market, it’s time IN the market that counts.)
Doing your research can help: if you’re a first-time buyer, brush up on your real estate terms before jumping in. And if you’re thinking about selling, get the scoop on who pays the fees in a sale and what the tax implications might be.
Want an expert’s opinion on the real estate market? Get in touch with me today.
๐๐จ๐ฆ๐ฉ๐๐ซ๐๐ ๐ญ๐จ ๐๐ฉ๐ซ๐ข๐ฅ ๐ฌ๐๐ฅ๐๐ฌ ๐จ๐ ๐๐๐๐, ๐ข๐ง ๐๐ฉ๐ซ๐ข๐ฅ ๐จ๐ ๐๐๐๐ ๐๐ง ๐๐ฏ๐๐ซ๐๐ ๐ ๐ฉ๐ซ๐ข๐๐ ๐จ๐ ๐๐๐ญ๐๐๐ก๐๐ ๐ก๐จ๐ฆ๐ ๐ข๐ง:
- Toronto: +33% at $1,69M - Vaughan: +37% at $1,73M - Richmond Hill: +26% at $1,83M - Mississauga: +27% at $1.52M - Markham: +35% at $1,67M - King City: +75% at $2,57M - Newmarket: +28% at $1,22M - Aurora: +35% at $1,47M - Barrie: +44% at $822,000 - Bradford: +29% at $1,09M - Innisfil: +54% at $891,000 - Milton: +55% at $1,35M - Stoufville: +12% at $1,46M - Burlington: +39% at $1,39M
๐๐ก๐๐๐จ๐ ๐๐ข๐๐๐ก ๐ข๐ ๐๐ค๐ง ๐ ๐ฅ๐๐ง๐จ๐ค๐ฃ๐๐ก๐๐ฏ๐๐ ๐จ๐๐ก๐๐จ ๐ง๐๐ฅ๐ค๐ง๐ฉ ๐ค๐ฃ ๐ฎ๐ค๐ช๐ง ๐จ๐ฉ๐ง๐๐๐ฉ ๐ค๐ง ๐ฃ๐๐๐๐๐๐ค๐ง๐๐ค๐ค๐.
You might have some questions about the local real estate market. Getting answers to these questions is crucial if you plan to move this summer. But, even if it’s just for curiosity, it’s always good to stay up to date on what’s happening in the real estate market.
So, please, don’t hesitate to reach out to me. I’m here to help.
Stay healthy, happy and well,
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