As we head into the colder months, we can be sure to expect a change in the real estate market. The month of September wasn't quite comparable to the months prior to it, but the demand for housing in all the different segments still outweighed the supply.
We are still within a seller's market, we are still experiencing multiple offers and bidding wars, but small changes are occurring. Click this video to learn and find out what exactly the month of September was like in the GTA and City of Mississauga. Knowing what exactly is going in the market is important, especially if you're looking to buy or sell a home in the near future.
Here are the numbers you need to know for the month of September:
The months of inventory for the GTA during the month of September sat at 1.84, whereas the City of Mississauga housing is selling even faster, as the months of inventory sits at 1.47. That essentially means that all housing segments are sold just within a month and a half!
Homes in the GTA are selling on average at 106% of asking price, while here at the Mister Sauga Real Estate Team, our listings are selling at 113%, which is 7% MORE!
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