Tag: Wellington County

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

July 18, 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

June 21, 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

Wellington County Real Estate offers buyers more choice as listings increase

May 17, 2024

The Wellington County real estate market in April 2024 remained balanced, with increased listings and decreased unit sales. Year-to-date, sales volume and unit sales were down, but new listings were up. April saw a 10% decrease in sales volume compared to 2023, but prices remained strong, indicating potential growth. Average days on market increased to 33 days. … More Wellington County Real Estate offers buyers more choice as listings increase

Warming Up: Wellington County Real Estate Landscape ends first quarter on a Promising Note

April 19, 2024

The Wellington County real estate market remains a balanced market in March of this year despite unit sales dropping compared to this same time last year. 2024 Year to date numbers show a slight increase in sales volume with end of Q1….Check in with Frances Snider Royal LePage Royal City Realty for the details. … More Warming Up: Wellington County Real Estate Landscape ends first quarter on a Promising Note

Unlocking the Pulse of Wellington County Real Estate with a warm start to Spring

March 15, 2024

Similar to the milder weather we experienced in February, Wellington County real estate market continued to warm up and remains a balanced market in February, as both unit sales and new listings see similar growth compared to last year……Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Unlocking the Pulse of Wellington County Real Estate with a warm start to Spring

Warming Up: Wellington County Real Estate Trends Kick Off 2024 on a Promising Note

February 16, 2024

Wellington County real estate starts 2024 just as it ended 2023 – in a balanced market. The year-to-date figures for average sales prices are up compared to the previous year, and activity picked up as the year got under way in January.2024……..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Warming Up: Wellington County Real Estate Trends Kick Off 2024 on a Promising Note

Wellington County’s 2023 Year in review and 2024 insights

January 13, 2024

Looking ahead in 2024, we will see a bit of a tipping point as many Canadians accept the reality that the era of ultra low interest rates is gone. The Bank of Canada has held its benchmark interest rate at 5% since July 2023, and while today’s rates seem high compared to the record Pandemic lows we witnessed, it is actually just below the long term average of 5.3% of the past 4 decades from 1980 to end of 2023………Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County’s 2023 Year in review and 2024 insights

Exploring opportunities in Wellington County’s Real Estate as 2023 comes to an end!

December 13, 2023

Wellington County real estate remains a balanced market this month despite an increase in unit sales and sales volume.  Average and median sale prices have dipped down from where they were this time last year, however, still quite strong. 

The year-to-date figures might be down compared to the previous year, but we are still witnessing that the gap has been slowly narrowing……..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Exploring opportunities in Wellington County’s Real Estate as 2023 comes to an end!

Navigating Wellington County’s Real Estate Landscape and Opportunities as we close 2023!

November 15, 2023

Wellington County real estate remains a balanced market this month due to a continued increase in new listings, and a drop in unit sales and sales volume. ……..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Navigating Wellington County’s Real Estate Landscape and Opportunities as we close 2023!

Wellington County Real Estate: A Balancing Act in 2023

October 13, 2023

In recent months, Wellington County’s real estate market has undergone a significant transformation, shifting towards a more balanced state. This transformation can be attributed to a substantial surge in new property listings, coupled with a decline in the number of units sold. However, amidst these market fluctuations, average and median sale prices have managed to hold steady, underscoring the resilience of the local real estate sector……..Check in with Frances Snider Royal LePage Royal City Realty for all the details. … More Wellington County Real Estate: A Balancing Act in 2023