Zoocasa Posted this chart on October 11th indicating that sellers are struggling and the market is almost fully shifted into a buyer’s market. Look at these Quotes!
The city with the greatest difference in listing and selling price is Halton Hills. Homes in the area are selling for $1,083,709, 42.94% below the list price of $1,899,398. Caledon has the second greatest difference, with the average sale price at $1,363,853, 42.12% lower than the average listing price of $2,356,199.
In November 2023 we are fully into a buyer’s market with most major and minor cities in Ontario. If you are a buyer you have some amazing opportunities to purchase a home, way less, even if the listing price suggests otherwise. The real question is, which properties are negotiable, and for how much!?