Attention buyers it is time to dust of your favorite home hunting shoes, we are finally seeing a good amount of inventory in the Niagara Region, leading to a relatively balanced market. Homeowners, if you are looking to relocate, downsize, upsize now is also an ideal time to sell with sale prices overall still on the up.
The average time it takes to sell a home in St Catharines (Days on market; DOM) is currently 22 days compared to our wild spring when we experienced the average DOM was between 8 and 9 between March and May, bidding wars flooding the scene. We are now heading back to a sense of normality with most homes (depending on the strategy of the asking price) have at least one or two open houses and multiple showings spread over a week or two before the lucky new home owner finds their next dream home.
St Catharines, along with the rest of Niagara, is still thick in the growth phase with $381,564 being the average Sales Price up from $287,963 in August 2015.
Here, for you, to make the process of buying and selling as simple as possible (or simply with any information you would like) call text or email me anytime!
Sheryl Preston, your friendly neighbourhood Realtor®
Realtor®, running fanatic, past national team rower of the past, yoga instructor, who loves living and laughing, and enjoying every moment.