Royal LePage Royal City Realty APRIL Market Snapshot

 In Royal City Realty Market Snapshot

Royal LePage Royal City Realty has released their APRIL 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 Guelphcity-of-guelph-april-market-snapshot-royal-lepage-royal-city-realty

The City of Guelph is seeing more balance creep into the real estate market, as days on market increase slightly again. However, there
is still plenty of demand as average and median sales prices have continued to rise.

 

Centre-Wellingtoncentre-wellington-april-market-snapshot-royal-lepage-royal-city-realty

Centre Wellington remains in a seller’s market in April, but is definitely showing signs of balancing out. We are seeing much more inventory than we did this time last year with slightly more unit sales as well. This, plus the continuous rising of the median and average sale prices, shows that this market still has a high demand.

 

Guelph-Eramosaguelph-eramosa-april-market-snapshot-royal-lepage-royal-city-realty

The real estate market in Guelph/Eramosa remains a seller’s market as we see a dip in unit sales and inventory. Demand remains high as median and average sales prices continue to grow.

 

Puslinchpuslinch-april-market-snapshot-royal-lepage-royal-city-realty

The Puslinch real estate market continues to show signs of high demand as median and average sales prices continue to rise. Inventory is higher than this time last year while the unit sales remain low this month, causing this market to dip into a balanced market.

 

Wellington Countywellington-county-april-market-snapshot-royal-lepage-royal-city-realty

The Wellington County real estate market remains a seller’s market despite a growing amount of new listings and a lower amount of unit
sales, causing many of it’s sub-markets to dip into a balanced market. Demand appears to remain high as we continue to see median and
average sale prices rise.

 

Halton Hillshalton-hills-april-market-snapshot-royal-lepage-royal-city-realty

The Real Estate market in Halton Hills dips into a balanced market due to a boost in new listings and a drop in unit sales. Despite this, demand seems to remain strong as average and median sale prices rise.

 

Waterloowaterloo-april-market-snapshot-royal-lepage-royal-city-realty

The Waterloo region real estate market continues to show high demand as average sale prices continue to rise. We are seeing higher amounts of new listings compared to this time last year, but a dip in unit sales. Despite this, Waterloo hangs in there and remains a seller’s market.

 

Hamiltonhamilton-april-market-snapshot-royal-lepage-royal-city-realty

The Hamilton real estate market continues to be extremely competitive as median and average sales prices rise. We are seeing a small dip in new listings and unit sales, which is driving the Unit Sale/Listing Ratio down this month.

 

 

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