Housing Market Update

The real estate market continues to be hot in favour of the sellers. At the end of October 2020, the market balance was in the sellers’ market territory. Home sales numbered 225 units in October 2020, up 1.4 per cent compared to October 2019.

The average price of homes sold in October was $196,511, up 5.3 per cent from $186,585 in October 2019. The good news is that homes for sale went up by 10.4 per cent. There were 265 new listings added in October this year.

Are you planning to sell your home?

Now is the perfect time to sell your home!

Feel free to call me anytime if you need more information.

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