We are now halfway through March and the weather is getting nicer. Usually at this time of year there are many more houses and condominiums available for sale. Presently, this is not the case. There are a lot of buyers searching for a new home but very little to choose from. The lack of supply of homes available for sale coupled with the increased demand for these properties has resulted in frequent bidding wars and inflated prices. If you or anyone you know is thinking about selling suggest that they do it now.
Since the beginning of January 2015, below are some of the homes we have sold:
2 Pannahill Road - Listed $899,900; Sold $899,000 in 7 days
161 Charles Street - Listed $799,900; Sold $928,000 in 5 days
26 Canadiana Drive - Listed $1,395,000; Sold $1,610,000 in 5 days
49 Hallmark Court - Listed $799,900; Sold $850,000 in 5 days
3181 Bayview Ave. #210 - Listed $599,000; Sold $610,000 in 5 days
This is truly a Sellers market!!!! For a free no obligation evaluation contact The Steve Gerlock Team at 416-399-2734