Royal LePage Royal City JUNE Real Estate Market Snapshot

 In Royal City Realty Market Snapshot

Royal LePage Royal City Realty has released their JUNE 2022 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-royal-city-market-report-june-2022
The City of Guelph real estate market remains in a balanced market after dipping last month. This is caused by the increase in new
listings this month and drop in unit sales compared to this time last year. There is consistent growth in median and average sales prices
despite this, which shows sign of a strong foundation for this market.

Centre-Wellington – centre-wellington-royal-city-market-report-june-2022
Centre-Wellington remains has entered a balanced market this month. Though unit sales have dipped, lower inventory is keeping demand up. Despite this, average and median sales prices continue to rise year over year, up 21% since June of last year.

Guelph-Eramosa – guelph-eramosa-royal-city-market-report-june-2022
The real estate market in Guelph/Eramosa remains in a balanced market as sales decrease compared to this time last year. Despite this, the average sales price continues to rise year over year, giving opportunities to both buyers and sellers.

Puslinch – puslinch-royal-city-market-report-june-2022
The Puslinch real estate market remains a balanced market due to a jump in inventory and a dip in unit sales compared to this time last year. Year-to-date average and median sales prices remain higher than last year, showing there is still demand in this market.

Wellington County – wellington-county-royal-city-market-report-june-2022
The Wellington County real estate market remains in a balanced market. This, of course, is caused by a visible increase in inventory, and a
diminishing number of unit sales per month. Average and median sales prices continue rise when compared year-over-year, maintaining this
markets demand.

Waterloo – waterloo-royal-city-market-report-june-2022
The Waterloo region real estate market remains balanced this month after having a continued surge in inventory and a dip in unit sales. Despite this, we continue to see the average and median sales prices continue to rise, showing that the foundation of this market remains strong.

Halton Hills – halton-hills-royal-city-market-report-june-2022
The Real Estate market in Halton Hills remains in a balanced market due to a continued rise in new listings and a drop in unit sales. Despite this, demand remains strong as average and median sale prices rise.

Hamilton – hamilton-royal-city-market-report-june-2022
The Hamilton real estate market remains in a balanced market this month as inventory continues to rise and unit sales drop lower than they were this time last year. Higher median sales price than last year keep both sellers and buyers involved in this market.

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