Do you want content like this delivered to your inbox?
Share
Share

Ontario Home Sales Edge Lower in April 2017

Maggie Horne

Maggie Horne is a long term resident of Wellington County, living on a 107-acre farm near Rockwood since 1988...

Maggie Horne is a long term resident of Wellington County, living on a 107-acre farm near Rockwood since 1988...

Feb 22 2 minutes read

Source: https://creastats.crea.ca/orea/

UNIT SALES:

Residential sales activity reported through the MLS® Systems of real estate Boards and Associations in Ontario numbered 24,973 units in April 2017, down 2.2% from a year earlier.

NEWLY LISTED UNITS:

New listings on the MLS® Systems of real estate boards in Ontario numbered 41,089 units in April 2017, an increase of 10.5% from a year earlier.

AVERAGE HOUSE PRICE:

The provincial average price for homes sold in April 2017 was a record $668,589 rising 24.1% from a year earlier.

MONTHS OF INVENTORY:

There were just 1.6 months of inventory at the end of April 2017, down from 2.0 months from the same time one year ago. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

View Detailed Report

Want to know how our strategies can help you sell your home fast and with as much inconvenience to you as possible? We go above and beyond to help our sellers reach as many potential buyers as possible. 

YOUR NEXT STEP: Contact us for a quick 5-minute phone call so we can get a scope of what upgrades you've done to your home, location, previous sales in the area, and basic info about your home. 

WHAT IS MY HOME WORTH?

What is my home worth?

Has your home increased in value by 24.1% from a year ago?

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info

Terms of Use

This website is operated by Royal LePage Royal City Realty/Michael Christie, REALTOR®, a Salesperson who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage Royal City Realty/Michael Christie, REALTOR®, and CREA.

Copyright

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer

The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments

Royal LePage Royal City Realty/Michael Christie, REALTOR® may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.