Royal LePage Royal City Realty JULY Market Snapshot
Royal LePage Royal City Realty has released their JULY 2021 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-july-2021-rc-realty-market-report
Demand for real estate in the City of Guelph remains quite high as we begin Q3, though sales activity is held back by slowing inventory. Consistent demand coupled with rising sales prices is leading to steady sales volumes and a strong Seller’s market in Guelph.
Guelph Eramosa – guelph-eramosa-july-2021-rc-realty-market-report
The month of July in Guelph/Eramosa showed tighter inventory, but sustained demand is increasing sales prices and pushing up sales volume for the year. As a result, homes remain on the market for short periods of time, making this a great time for Sellers to list.
Centre-Wellington – centre-wellington-july-2021-rc-realty-market-report
As we start off Q3, demand for homes in Centre Wellington remains strong. Overall sales activity continues to steadily climb, despite a slowing of listing activity due to buyer fatigue and summer vacations. This steady demand for homes continues to result in escalating sales prices and an overall increase in sales volume for this area.
Puslinch – puslinch-july-2021-rc-realty-market-report
The Puslinch real estate market, while being a micro-market, is being held back by a lack of inventory. Sales prices continue to rise, but listing activity has decreased by approximately 30% year over year. The sustained demand in the area continues to push prices and keep active inventory low.
Wellington County – wellington-county-july-2021-rc-realty-market-report
The housing market in Wellington County continues to show a strong seller’s market as we start off Q3. Despite being held back by a lack of inventory, strong buyer demand and increasing sales prices lead to steady sales volumes.
Halton Hills – halton-hills-july-2021-rc-realty-market-report
As we enter Q3, the market in Halton Hills is being held back by a lack of inventory. This Seller’s market saw 30% fewer listings in July than it did in the same month in 2020. Steady demand continues to put pressure on prices and makes it a great time for Sellers to list.
Hamilton – hamilton-july-2021-rc-realty-market-report
Demand for homes in Hamilton remains strong despite a slight decrease in listing activity in July. Overall sales volumes remain steady due to increasing sales prices and persistent buyer demand. The market in Hamilton continues to be a strong Seller’s market, making it a great time to list.