What Sellers Need To Know in July 2021
If you’re thinking about selling a house in July, you should know that our market is starting to show signs of slowing.
Fewer houses are going to multiple offers right now, and we’re only seeing houses on average sell for 2.5% above their asking price.
One big benefit for sellers though is that the number of active listings dropped 26% from May to June, so there’s a lot less competition out there for people selling their houses.
If you’re thinking about selling your house, you may want to list sooner rather than later to capitalize on the massive amount of appreciation that we’ve had over the last year.
Lowest Detached Listing Sold Last Month: $480,000
Highest Priced Detached Listing Sold Last Month: $1,615,000
Lowest Priced Condo Sold Last Month: $350,000
Highest Priced Condo Sold Last Month: $1,100,000
For the full update & neighbourhood specific stats & recently sold listings click here!
