KEVIN JONES REALTOR®

KEVIN JONES REALTOR®

Eastbridge Real Estate Market Update - October Results

It was a fairly quiet October for home sales in Eastbridge.  Just four home sold in the neighbourhood bringing the total for the year to 82.  The average sale price continues to improve, the average so far this year has been $659,000.                              

Eastbridge

Monthly Market Update

October

 

2019

2018

2017

Homes Sold

4

7

6

Average List Price

$617,000

$757,000

$622,000

Average Selling Price

$633,000

$755,000

$594,000

% of List

102.6%

99.7%

95.5%

Days on Market

15

13

28

       

Year to Date (Jan 1-Oct 31)

 

2019

2018

2017

Homes Sold

82

56

74

Average List Price

$656,000

$613,000

$600,000

Average Selling Price

$659,000

$619,000

$649,000

% of List

100.5%

101.0%

108.2%

Days on Market

14

15

16

On average homes are still selling for more than list price which is a pretty good indication tat the demand is still there.  At the moment there are just two homes listed for sale in Eastbridge.  Limited inventory and strong demans make now a pretty good time to sell if you are thinking about it.

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RE/MAX Twin City Realty Inc., Brokerage**Independently Owned & Operated519-885-020083 Erb Street West, Waterloo, Ontario, N2L 6C2
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