Thursday, September 2, 2021

August 2021

There is not much to add these days.  Inventory remains light with just 105 properties available for sale.

The market is still very active and prices which seemed to have flattened over the summer and maybe were even off a couple of points are still healthy when compared to a year ago.  Detached 2-storey and bungalows were up almost 35% to $2,284,395 and $1,640,333, respectively.  And the time it took to sell them was for days faster at 14 days.  So seller's are still in the driver's seat.

There were 96 rental properties leased down from 100 this July and up from 30 in August 2020.

Expect this Seller's market to continue this fall.



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