How's the Market?
As I am sure you keep hearing, inventory still remains very low! For the Kawartha Lakes area, in OCTOBER 2021 Listings are down 30% from this time last year, and Sales are down 19%. Year to Date: the average price of homes has increased by 38% with the average price is currently set at $682,770.
As a home seller, the good news is that prices are still increasing largely due to the supply of listings being below market demands. For Buyers, iInterest rates have still remained at an all time low which is making mortgage financing reasonably affordable for our market.
If you or someone you know is thinking of making a move or if you are interested in being the first to know about new listings, contact me today to discuss your real estate needs.