Client Newsletter - April 2021

Still a bit of a crazy market out there, but some interesting insights. Homes that are priced well and show well are selling within days of being listed and often at or above asking price. Homes that are priced too high, are sitting on the market longer and when they do sell, don't benefit from the multiple offer scenario. Interesting that even in super hot markets, some basic fundamentals still prevail.

Some other tips for a hot market that seem to repeat themselves each time we find ourselves in this situation. When selling, if you price very close to the market, or even a bit below, you will be swamped with showings and offers. Price too high and crickets. When buying, keep an eye out for homes that are priced a bit too high. As stated above, the activity level is much lower on those homes and often you wind up getting a better deal than on an under-priced home because of the difference in interest.

Hope you have a wonderful Easter and get to enjoy some down time and family time, however that looks this year!


This months CREB stats report can be accessed by clicking here:

P.S. Thank you so much for any referrals that you have sent my way. My business is over 70% repeat and referral - all because of you!  :-)
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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