April 5, 2023 | Market Reports
March 2023 Market Report: Wellington County
Based on the Wellington County real estate market in March, it seems like there are some key takeaways that potential buyers and sellers should keep in mind. Here are a few additional points to consider:
- Even though unit sales and new listings are lower than they were at this time last year, this could be an opportunity for buyers to find properties that may have been overlooked in a more competitive market.
- As average and median sale prices continue to rise, sellers may be able to fetch higher prices for their properties than they might have been able to recently.
- The fact that the market is balanced means that there are roughly equal numbers of buyers and sellers, which could indicate that there is less pressure on either party to make a quick decision.
Overall, it seems like there are still opportunities for both buyers and sellers to achieve their goals in the market. By staying informed about market trends and working with a knowledgeable real estate agent, individuals on both sides of the transaction can position themselves for success. If you have any questions at all, reach out to one of our Sales Representatives.
More About Capstone
Our real estate professionals are industry experts and proud long-time locals. Learn more about how each of our team members helps elevate your real estate experience.
