Royal LePage Royal City Realty JUNE Market Snapshot

 In Royal City Realty Market Snapshot

Royal LePage Royal City Realty has released their JUNE 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 June Market Snapshotcity-of-guelph-market-report-june-2021

Demand for real estate in the City of Guelph remains quite high as we head into Q3. Supply continues to increase, as consistent demand persists almost doubling the year-to-date sales volume in 2020. With listings staying on the market for shorter periods of time, tight inventory, and significant buyer activity there is no sign of sales slowing down anytime soon.

Guelph-Eramosa June Market Snapshotguelph-eramosa-market-report-june-2021

The month of June 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.

Puslinch June Market Snapshotpuslinch-market-report-june-2021

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 20% year over year. The sustained demand in the area continues to push prices and keep active inventory low.

Centre-Wellington June Market Snapshotcentre-wellington-market-report-june-2021

As we round out Q2, demand for homes in Centre Wellington remains strong. Overall sales activity continues to climb, as a consistent supply of inventory fuels demand. This strong demand for homes continues to result in escalating sales prices and an overall increase in sales volume for this area.

Wellington County June Market Snapshotwellington-county-market-report-june-2021
Finishing off Q2, the housing market in Wellington County continues to show a strong seller’s market with significant increases in overall sales activity. The high demand for inventory in this area has pushed the price of homes upwards, resulting in an increased sales volume this month.

Halton Hills June Market Snapshothalton-hills-market-report-june-2021
As Q2 comes to a close, the market in Halton Hills is being held back by a lack of inventory. This Seller’s market saw 35% fewer listings in June than it did in the same month in 2020. But steady demand keeps putting pressure on prices and actual sales volume continues to rise.

Hamilton June Market Snapshothamilton-market-report-june-2021
Demand for homes in Hamilton remains strong as we head into Q3. Overall sales activity is continuing to climb, with new listings hitting the market and unit sales continuing to increase. The strong demand for homes is resulting in higher sales prices and an overall increase in sales volume for this area.

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