The numbers for the month of May are in and the demand for housing is on fire! Whether you're planning to buy and/or sell in the near future, knowing what exactly is going on in the market is a great way to get an idea of what to expect!
While examining the numbers, it is important to remember that last year at this time we were two months into the lockdown, which is why the numbers may appear drastic.
The GTA sales overall have increased 160% since the same time last year and the average sale price has gone up 28.4%.
Here are the numbers you need to know for the month of May:
Within just a span of a month, the majority of all housing segments went from being off the market in a month and a half to just under a month!
SELLERS
If you're thinking of cashing out, you need proper guidance to capitalize in a hot market. Average agents are selling their listings for 106% of asking price. Here, at Mister Sauga Real Estate, we are selling for 113% of asking price (7% MORE for your largest investment)
BUYERS
We helped 16 buyers last year win in an extremely competitive market, so get into the market before you get priced out!
If you're thinking of making a move in 2022, we're here to help! Contact us today to get started!
Call or text 647-504-0690
Email: steven@mistersauga.ca