The real estate market in Milton is still very strong and homes are selling quickly. The home sale price increased marginally from February to March, but where we saw significant change was in the number of sales. Home sales jumped 33 percent from February with a 22 percent increase in new inventory hitting the market. If you at all considering moving, now is the time to capitalize on the hot housing market! Hit the link below to check out the full breakdown of what happened in March.
Whether you are considering selling, refinancing or just staying put in your home, now is the time to get a home evaluation! CLICK HERE to set up a FREE home evaluation to find out how much your home is worth in today’s market.
A real estate market never heads in just one direction. Several key factors can drastically influence the direction of the market including mortgage interest rates, employment levels/growth, investment growth, immigration and development. These factors can influence whether we are it is a buyer’s market or a seller’s market .
A buyer’s market exists when there are significantly more homes for sale than there are buyers. The typical end results in a drop in median sale prices over time as homeowners adjust their expectations to the current market conditions.
A seller’s market typically exists when interest rates are low are there are plenty of qualified buyers and not as many homes for sale. Buyers must react quickly and often face multiple offer situations. Prices generally rise under these circumstances.
Looking to buy? Have a look at current listings . Questions about the December 2020 Market Data? Reach out to us at homes@flowersteam.ca .
The post Milton Real Estate Watch | February 2021 appeared first on Amy Flowers .
An elite honour reserved for agents and teams who have maintained Top 1% national status with Royal LePage for 10 or more cumulative years. It represents a lifetime commitment to exceptional sales performance, proven market leadership, and long-term client trust across Canada.
Consistently ranked among the elite Top 10 teams in Ontario (for 7 years) and Top 10 in Canada out of more than 20,000 Royal LePage agents. This standing reflects our high transaction volume, local market dominance, and proven track record of getting superior monetary outcomes for our clients.
Voted the #1 Real Estate Team by the local community through the Canadian Champion Readers' Choice Awards every year since 2009. This recognition reflects the direct trust, satisfaction, and loyalty of the homeowners and buyers we serve in Milton.
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Handpicked through a rigorous 50-point inspection evaluation assessing reputation, history, ratings, satisfaction, trust, and cost as one of the Top 3 real estate teams in the area.
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