Serena Moves
105-231 Oak Park Blvd L6H 7S8 Oakville, ON, Canada

TREB stats are in March 2018. When compared to 2016 the average sale price is almost $100,000 higher. The 2017 year was an anomaly and is skewing the stats. #serenamoves #movedtomoveyou #realestateagent #milton #oakville #burlington https://ift.tt/2qyA5mm

March 2018 TREB stats are in! Here is the short of it.... Average days on market has doubled - so its taking 20 days for the average home to sell instead of the ten days it was taking on average in 2017. The number of properties that have sold when compared to last year in the same month is down by 39.5%. The average sales price is down by 14.3% when compared to last year. What does this all mean? Last year, as we all know, was an anomaly. So, for greater perspective I w...ill dive in a bit further and look at March 2016 in comparison as well. In March of 2016 - the average sales price was $688,181. The average sales price last month was $784,558. The problem is when we sandwich 2017 in the middle (and the average sales price for March 2017 was $916,567) any sales average under $916,567 is not going to look great and will skew the stats. Look at the information for what it really is - the average sales price is almost $100,000 more than it was two years ago. Please keep in mind that these are generalized stats that encompass a large geographical area. For more specific information on your specific area - reach out! I would be happy to help. See more

Another fantastic year with special thanks to all of our clients, friends, family and business partners. We couldn't have done it without your support and referrals :)

February 2018 TREB Stats are in! Comparing year over year may not be the most insightful interpretation method in this case as February 2017 had never before seen prices and volumes! If we factor in 2016 then 2018's average price represents an annualized increase above the inflation rate for the past 2 years. Wouldn't we all agree that 6% annualized growth over two years is a statistically strong market? It is still considered a strong sellers market as we are sitting curr...ently with only 2.8 months of inventory (a balanced market exists when we have around 5-6 months of inventory sitting). As we head into spring market - we will most likely see prices being pushed up. Keep in mind that these are generalized stats that encompass a large geographical area! For a snapshot into your specific area feel free to reach out to the team! We would be happy to help. See more

Awesome night with awesome people :)