Fewer houses sold from January to May

How often do doctors recommend you get a checkup? Usually, once a year. How regularly do advisors suggest you review your investments? Most say at least annually. So how often should you review your home with your real estate agent? You guessed it! Once a year! Why is that review so important? First, your home is a big investment; possibly your biggest. So, it’s smart to get updated on its current market value.

From January to May 2018 , the average sale price was $169,528, up three per cent compared to same period last year. For the same period, there were 697 houses sold, down 6.8 per cent from January to May 2017.

In May alone , the average price was $169,554 and the total volume of houses sold was $33.2 million. These figures were both down 2.4 per cent compared to same month last year.

In addition to being an investment, your home is also a part of your lifestyle. It’s important to review it each year to see if it’s still a good fit for your changing needs.

As your real estate agent, I’d be happy to stop by at your convenience and do an “Annual Real Estate Checkup”. I’ll let you know, approximately, what your property is worth on today’s market, and we can discuss the latest market trends.

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