KEVIN   JONES

KEVIN JONES

Sales Representative

RE/MAX Twin City Realty Inc., Brokerage*

Mobile:
519-590-2913
Office:
519-885-0200
Email Me

Hire A Top Class Real Estate Agent Who Will Invest In Your Future

Eastbridge Real Estate Market Update February 2019

It has been a reasonably busy start to the year for home sales in Eastbridge.   So far seven homes have sold in the neighbourhood and while average sale prices have backed off a bit, homes are still selling for full list price which would indicate that the drop in price is due to the homes being offered for sale rather than a downturn in the market.  

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Eastbridge

Monthly Market Update

       

February

 

2019

2018

2017

Homes Sold

5

4

6

Average List Price

$551,780

$609,800

$564,617

Average Selling Price

$557,100

$605,000

$625,967

% of List

101.0%

99.2%

110.9%

Days on Market

15

14

8

       

Year to Date (Jan 1-Feb 28)

       

Homes Sold

7

5

8

Average List Price

$587,971

$602,840

$635,325

Average Selling Price

$587,914

$607,000

$675,975

% of List

100.0%

100.7%

106.4%

Days on Market

15

9

21

In 2018 fifteen homes sold in March and April so I expect the number of listings available in the area to increase in the near future.  I usually advise clients to get their properties on the market early to in order to take advantage of the relative lack of competition.  The buyers are there right now, the listings are not.  If you are considering selling and would like a no cost, no obligation home evaluation please give me a call.

 

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