Tag: investing

2025 Real Estate Trends in Wellington County: What Buyers and Sellers Need to Know

January 24, 2025

In December 2024, Wellington County’s real estate market shifted back to a seller’s market, characterized by rising median sale prices and increased sales volume. With significant growth in unit sales and high seller confidence, buyers face strong competition. Recent mortgage updates further ease homeownership for new buyers, enhancing market activity. … More 2025 Real Estate Trends in Wellington County: What Buyers and Sellers Need to Know

Wellington County Real Estate Market Update – November 2024

December 13, 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

November 22, 2024

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

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

October 21, 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

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

September 18, 2024

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