Wellington County Real Estate Market Update – November 2024

In November 2024, Wellington County’s real estate market shifted back to a seller’s market after a brief balance, characterized by significant sales growth of 44.02% in volume and 47.74% in units. Median sale prices increased by 4.58%, while inventory decreased by 8.54%. This competitive landscape offers opportunities for both buyers and sellers, necessitating informed decisions and strategic pricing. … More Wellington County Real Estate Market Update – November 2024

October 2024 Wellington County Housing Market Insights

In October 2024, Wellington County’s real estate market showed a shift to balanced conditions with a 33.14% sales volume increase to $204,236,082. Average sale prices rose 6.85% to $858,135, while new listings increased by 6.94%. However, expired listings surged by 31.43%, implying competitive pricing is essential for sellers. … More October 2024 Wellington County Housing Market Insights

Historic Charm Meets Modern Comfort: Discover 30 Huron Street in Guelph’s St. Patrick’s Ward

30 Huron Street in Guelph’s St. Patrick’s Ward combines historic charm with modern comfort. This red-brick century home features three bedrooms, 1.5 baths, and a spacious office, ideal for families and professionals. With recent updates enhancing energy efficiency, outdoor space, and proximity to downtown, it offers a unique lifestyle opportunity. … More Historic Charm Meets Modern Comfort: Discover 30 Huron Street in Guelph’s St. Patrick’s Ward

Wellington County Real Estate Market Update: Key Trends from the End of Q3 2024

The Wellington County real estate market experienced significant trends in Q3 2024. Sales volume increased by 20.22%, with 228 units sold in September. Despite a slight decline in prices, a buyer’s market is emerging. The average property took 33.1 days to sell. While luxury sales lagged, mid-range homes saw notable demand. Strategic pricing is essential for sellers. … More Wellington County Real Estate Market Update: Key Trends from the End of Q3 2024

Featured Friday Listing: Discover Your Dream Home in Guelph’s East End!

Discover a charming family home at 89 Law Drive in Guelph’s East End. This meticulously maintained 4+1 bedroom, 3.5 bath residence features over 3,500 sq. ft. of living space, a spacious kitchen, and an entertainer’s deck. The property is in a vibrant community with parks, schools, and easy access to major roads. Schedule a tour today! … More Featured Friday Listing: Discover Your Dream Home in Guelph’s East End!

August 2024 Wellington County Real Estate Update: Key Market Trends and What They Mean for You

The Wellington County real estate market at the end of August 2024 exhibits mixed trends. Sales volume rose by 15.02% to $186.94 million, with unit sales increasing 11.22%. However, median sale prices decreased by 2.06%. Buyers benefit from more choices, while sellers face longer selling times and heightened competition. … More August 2024 Wellington County Real Estate Update: Key Market Trends and What They Mean for You

Wellington County Real Estate Market Update at July month end: Key Trends and What They Mean for You

In the Wellington County real estate market, July 2024 saw increased new listings and heightened seller competition. While sales volume remained steady, median and average prices declined. Buyers have more options, while sellers face a more competitive environment. Strategic approaches are essential for both parties. Contact Frances Snider for personalized advice and stay tuned for further updates. … More Wellington County Real Estate Market Update at July month end: Key Trends and What They Mean for You

Wellington County Real Estate Insights: Mid-Year Market Trends and Key Takeaways for June 2024

The Wellington County real estate market in June 2024 and Q2 saw a decrease in sales volume and unit sales, an increase in new listings, a significant rise in expired listings, and a decline in median and average sale prices. This presents opportunities for buyers but highlights the importance of competitive pricing and effective marketing for sellers. … More Wellington County Real Estate Insights: Mid-Year Market Trends and Key Takeaways for June 2024

Navigating the Shifting Tides: Wellington County Real Estate Market Insights at end of May 2024

In May 2024, Wellington County’s real estate market maintained a balance despite lower prices and sales volume. Year-to-date numbers showed a 3.5% decrease in sales volume compared to the previous year, but the region experienced a 28% increase in new listings. The decrease in interest rates by the Bank of Canada is expected to impact housing values and buyer activity. Check in with Frances Snider from Royal LePage Roual City Realty for all the details…
More Navigating the Shifting Tides: Wellington County Real Estate Market Insights at end of May 2024

Home Buyer Series – What not to do after an Offer

After accepting a home offer, avoid making large purchases, changing jobs, opening new credit lines, closing existing credit accounts, missing payments, ignoring lender requests, and making unexplained large deposits. These actions can jeopardize financing. Stay financially stable, respond promptly to lender requests, and maintain transparency to ensure a smooth home purchase process. … More Home Buyer Series – What not to do after an Offer