Here are the numbers for August Real Estate Market Statistics, Norfolk County.
Comparing August 2022 versus August 2021
Show there are more homes on the market for sale, it is taking a little longer to sell. Buyers are being cautious, and they have time to look at several homes before they make their decisions. There are fewer homes selling this year versus last year too.
It is still a good time to sell or buy a home. The market value of home prices is going down a little, and there are no more bidding wars. But you need to have your home listed at market value to have the Buyer come into your home.
⚠️Disclaimer: This information provided herein is deemed accurate but not guaranteed. Source: Simcoe & District Real Estate Board, ITSO MLS SYSTEM
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