Niagara Region Average Sales Price November

Dated: December 13 2021

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In the Now - "November Edition"

Getting ready for the holidays is a great time to reflect on November statistics to make your future housing market and investment decisions. It is valuable to end your year off with action and a plan for the new year.

November sales statistics are very similar to previous months in which listings, sales and the number of days on the market are down. Pricing is something that is consistently increasing year-over-year and is continuing in this trend. This means that it continues to be a "sellers' market." 

With the continuing impact of the pandemic, homeowners are looking to make lifestyle changes and thus entering the housing market. Do not hesitate this winter to take advantage of these "sellers' market" trends and be left behind!

What does this mean for you?

With low inventory and high demand, this drives up pricing which would benefit the seller. It is much harder for buyers to find homes which creates an increase in demand for the homes on market. This will give leverage to negotiation and asking price. It is recommended to take advantage of the holiday market to showcase your property as it is the best way to show character, warmth and be relatable to your buyer. You want to rise to the top of the holiday buyer wish list. 

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Daniel Passero

A Niagara native and a seasoned real estate professional, Daniel recognizes and values the trust of his clients. His passion for real estate and construction propels him to exceed client expectations ....

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