GANANOQUE REAL ESTATE SALES
MARCH 2012 COMPARED TO MARCH 2011
There is lots of discussion with regard to what is happening in our local Real Estate Market. Especially this time of year, people are asking how this year compares to last year in our Gananoque Residential Home Sales Market.
It seems everyone has an opinion on what is going on and not all opinions are based on fact!
Let me provide you with the Facts -
Stats from our MLS
(as at the end of March 2012)
In The Town of Gananoque:
Listings for March 2011: 17 Homes
Listings for March 2012: 11 Homes
Listings Year to date 2011: 60 Homes
Listings Year to date 2012: 33 Homes
Sales in March 2011: 11 homes
Sales in March 2012: 3 homes
Sales Year to date 2011: 18 homes
Sales Year to date 2012: 10 homes
Average Sales Price YTD 2011: $210,934
Average Sales Price YTD 2012: $201,533
So now you know!
This is how the real estate market in the Town of Gananoque 2012 compares to 2011.
So we have far fewer properties for sale this year but we do have Buyers looking. Our Average Sales Price has dropped a bit so all Sellers need to be aware of this and make sure their Asking Price is realistic for the market.
As you can see, we have a very low inventory at the moment so if you are considering selling your home, now is the time to get it listed and on the market.
We have many first time buyers taking advantage of the low interest rates and therefore, we have more sales in those attractively priced homes which means the Sellers of these homes are looking to move up! We need homes for these upward Buyers so lets get together and talk about what your home is now worth!
It is an ever changing world and I'll provide you with an update next month. Til then,
If you are thinking of Buying or Selling Real Estate in the Town of Gananoque, make sure you give me, Susan Emo, a call and we can discuss your needs and how I can best help you!
If you're thinking about selling, I'd love to meet with you and provide a Market Analysis and go over my Marketing Plan - it is the little things that make the difference.**
Sotheby's International Realty Canada, Brokerage*
Serving the Kingston, Gananoque and the 1000 Islands Region
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*Each office independently owned and operated.
** There is nothing on this blog that is intended to solicit business from anyone already under contract with another Realtor
The opinions expressed on this blog are the personal opinions of Susan Emo
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