Summer had come and gone. Wait, it’s September 27, 2017 and 30 degrees outside?! Weather stats aside, here’s a snapshot of Queen West & Trinity Bellwoods’ housing sales over the month of August 2017:
Average selling price: $1,193,100
Total sales: 8
Average days on market: 25
Average selling to list price: 99%
Likelihood of multiple offers: 50%
August is known for being a slow month for real estate and business in general. Families, buyers and sellers are looking to enjoy the last of summer festivities before the “back-to-school/work” season commences again.
Interested in knowing how the August market is stacking up to the September market? Send me an email and I’ll give you a quick update of how the market is changing.