Waterdown Real Estate Market – March 2015

by / Tuesday, 10 March 2015 / Published in Lifestyle & Community, Real Estate

Real Estate is a cyclical business. Every year we see similar trends in the market as we move from season to season and month to month. That being said, there are subtle changes that happen between the markets and even happen from week to week. I feel it is important to work with a professional that understands that these market cycles exist, and they know what to look for and what they mean to you when buying and selling a home.
I watch the trends very closely in the Waterdown area. I look for things such as average days on market, number of new listings and number of sales each week, how many houses are for sale, and how long it takes to sell the current inventory. The best way to know how your home fits in the market is to work with a pro that can interpret the information for you and explain what is happening in the market at that moment in time. Markets change and shift quickly in this business, you MUST keep a close eye on it if you want to stay on top of what is happening.
If you would like to know more about what it happening in your local market and how to interpret the information, give us a call or drop us a line and we will help you figure out how your home fits into the current market.

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