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

Westvale Real Estate Market Update February 2019

It has been a fairly typical start to the year for home sales in Westvale.  Average sale prices are down but, considering that the average list price is also down it is evident that the drop has more to do with the properties were available rather than a general downturn in the market.

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Westvale

Monthly Market Update

       

February

 

2019

2018

2017

Homes Sold

5

7

5

Average List Price

$534,540

$524,657

$497,540

Average Selling Price

$529,120

$546,943

$552,120

% of List

99.0%

104.2%

111.0%

Days on Market

34

13

8

       

Year to Date (Jan 1-Feb 28)

 

2019

2018

2017

Homes Sold

8

9

11

Average List Price

$510,300

$534,611

$467,855

Average Selling Price

$508,375

$556,204

$521,573

% of List

99.6%

104.0%

111.5%

Days on Market

28

13

7

In 2018 seventeen homes sold in the area 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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