Market Snapshot SEPTEMBER 2023 Royal LePage Royal City Realty
Royal LePage Royal City Realty has released their SEPTEMBER 2023 Market Snapshot. This is a great resource to find out about the real estate market in your area! Of course, if you would like to know more about the local market, please do not hesitate to call me. If you would be interested in a Current Market Value Assessment of your home, I am happy to help. Feel free to connect with me through my website, by email or phone!
City of Guelph – city-of-guelph-market-snapshot-september-2023
The City of Guelph real estate market continues to be a seller’s market this month, despite a jump in inventory slowing down the
market. Although unit sales and sales volume is down from last year, the median and average sale prices have risen compared to last
Centre-Wellington – centre-wellington-market-snapshot-september-2023
Centre Wellington swings back into a balanced market this month due to a rise in inventory. We are seeing a consistent jump in both unit sales and sales volume this month, and median and average sale prices have either caught up, or surpassed what they were in September of 2022.
Guelph-Eramosa – guelph-eramosa-market-snapshot-september-2023
The real estate market in Guelph/Eramosa remains a balanced market this month due to the fluctuation in inventory. Average and
median sale prices have dropped a bit compared to last year, likely caused by the small jump in inventory. It is important to note that
this market is smaller, and more prone of erratic change.
Puslinch – puslinch-market-snapshot-september-2023
The Puslinch real estate market just barely remains a balanced market this month. Though they continue to rise above where they
were last month, the average and median sale prices remain below where they were last year due to the volatility of this market. It is
good to keep in mind that since this market is smaller, it is more prone to erratic change.
Wellington County – wellington-county-market-snapshot-september-2023
Wellington County real estate swings back into a balanced market this month due to a large increase in new listings, and a drop in unit sales. Despite this shift in the market, average and median sale prices remain relatively stable in comparison, showcasing this market’s strong foundation.
Waterloo – waterloo-market-snapshot-september-2023
The Waterloo region real estate steps back into a balanced market this month, as we see a big jump in inventory compared to last year. Despite this, the monthly average and median sale prices remain higher than they were last September.
Halton Hills – halton-hills-market-snapshot-september-2023
The Real Estate market in Halton Hills remains balanced this month. Monthly average median sale prices have dropped a bit due to a jump in inventory that can be seen across all markets.
Hamilton – hamilton-market-snapshot-september-2023
The Hamilton real estate market remains in a balanced market this month. Monthly median and average sale prices have caught up almost exactly to where they were last year, showing some sign of stability for this market.