Arrive At Home - Real Estate’s Post

The December Numbers Are In! 🏡📊 Toronto's real estate market closed 2024 as a transitional year, with December showing typical seasonal slowdowns due to the holidays. Here’s a quick snapshot of the market: 🏠 Detached Homes Sales hit the lowest level since 2019, with only 309 transactions. Despite this, selling prices remained stable compared to December 2023, showing resilience in this segment. Average Price: $1,624,500 (0% change from 2023) 🏡 Semi-Detached Homes This segment saw a solid double-digit price growth year-over-year, driven by lower-than-average prices in December 2023. Average Price: $1,302,024 (+11% from 2023) 🏘️ Townhomes Townhomes experienced a decline in prices, down 18% from December 2023. This dip is more reflective of last year’s exceptional highs than any major market shift. Average Price: $900,503 (-18% from 2023) 🏢 Condos Condos remained steady, with a modest 1% increase in prices year-over-year, offering great potential for buyers. Average Price: $719,774 (+1% from 2023) As we move into 2025, rate reductions and prices below historic peaks could offer more opportunities, especially in the condo market. Sellers, be mindful of increasing competition as the market stabilizes. Thinking about buying or selling in Toronto? 📞 Reach out to me, Susan Sterbinsky & Co., Toronto Real Estate Team at Sutton Old Mill Realty, at 416-277-2232 we're here to help you navigate this evolving market with expert advice every step of the way! #TorontoRealEstate #MarketUpdate #SuttonOldMill #RealEstate2024 #TorontoHomes #RealEstateMarket #TorontoCondos #RealEstateAdvice #TorontoRealtor #SellersMarket #BuyersMarket #SusanSterbinsky

The December Numbers Are In! 🏡📊 Toronto's real estate market closed 2024 as a transitional year, with December showing typical seasonal slowdowns due to the holidays. Here’s a quick snapshot of the market: 🏠 Detached Homes Sales hit the lowest level since 2019, with only 309 transactions. Despite this, selling prices remained stable compared to December 2023, showing resilience in this segment. Average Price: $1,624,500 (0% change from 2023) 🏡 Semi-Detached Homes This segment saw a solid double-digit price growth year-over-year, driven by lower-than-average prices in December 2023. Average Price: $1,302,024 (+11% from 2023) 🏘️ Townhomes Townhomes experienced a decline in prices, down 18% from December 2023. This dip is more reflective of last year’s exceptional highs than any major market shift. Average Price: $900,503 (-18% from 2023) 🏢 Condos Condos remained steady, with a modest 1% increase in prices year-over-year, offering great potential for buyers. Average Price: $719,774 (+1% from 2023) As we move into 2025, rate reductions and prices below historic peaks could offer more opportunities, especially in the condo market. Sellers, be mindful of increasing competition as the market stabilizes. Thinking about buying or selling in Toronto? 📞 Reach out to me, Susan Sterbinsky & Co., Toronto Real Estate Team at Sutton Old Mill Realty, at 416-277-2232 we're here to help you navigate this evolving market with expert advice every step of the way! #TorontoRealEstate #MarketUpdate #SuttonOldMill #RealEstate2024 #TorontoHomes #RealEstateMarket #TorontoCondos #RealEstateAdvice #TorontoRealtor #SellersMarket #BuyersMarket #SusanSterbinsky

The December Numbers Are In! 🏡📊 Toronto's real estate market closed 2024 as a transitional year, with December showing typical seasonal slowdowns due to the holidays. Here’s a quick snapshot of the market: 🏠 Detached Homes Sales hit the lowest level since 2019, with only 309 transactions. Despite this, selling prices remained stable compared to December 2023, showing resilience in this segment. Average Price: $1,624,500 (0% change from 2023) 🏡 Semi-Detached Homes This segment saw a solid double-digit price growth year-over-year, driven by lower-than-average prices in December 2023. Average Price: $1,302,024 (+11% from 2023) 🏘️ Townhomes Townhomes experienced a decline in prices, down 18% from December 2023. This dip is more reflective of last year’s exceptional highs than any major market shift. Average Price: $900,503 (-18% from 2023) 🏢 Condos Condos remained steady, with a modest 1% increase in prices year-over-year, offering great potential for buyers. Average Price: $719,774 (+1% from 2023) As we move into 2025, rate reductions and prices below historic peaks could offer more opportunities, especially in the condo market. Sellers, be mindful of increasing competition as the market stabilizes. Thinking about buying or selling in Toronto? 📞 Reach out to me, Susan Sterbinsky & Co., Toronto Real Estate Team at Sutton Old Mill Realty, at 416-277-2232 we're here to help you navigate this evolving market with expert advice every step of the way! #TorontoRealEstate #MarketUpdate #SuttonOldMill #RealEstate2024 #TorontoHomes #RealEstateMarket #TorontoCondos #RealEstateAdvice #TorontoRealtor #SellersMarket #BuyersMarket #SusanSterbinsky

🏡 Toronto Real Estate Market Update - November 2024 🏡 The GTA real estate market showed strong growth in November, with increased sales activity and a rise in average home prices. Buyers are benefiting from lower borrowing costs, while sellers are seeing demand for certain home types continue to rise. Here’s what happened in November: ➡️ 5,875 sales through TRREB’s MLS® system—a 40.1% increase from November 2023. ➡️ 11,592 new listings, up by 6.6% year-over-year, giving buyers more inventory to choose from. ➡️ $1,106,050 average selling price, a 2.6% increase from November 2023, with stronger growth in detached homes. ➡️ 31 days on market (LDOM), providing more time for buyers to negotiate compared to 25 days last year. What does this mean for you? Buyers can enjoy increased inventory and negotiating power in certain segments, while sellers in high-demand areas, particularly with detached homes, can take advantage of price growth. Let’s navigate these market conditions together! Whether buying or selling, expert advice is key. 📧 Contact me at sarah@sarahpeticca.com for tailored insights or 📩 DM me to discuss your next steps in the market! #TorontoRealEstate #MarketUpdate #ForestHillLegacy #GTAHousing #HomeBuying #SellingYourHome #HousingTrends #SarahPeticca #Broker

Austin’s real estate market shows signs of cooling with active listings down 12.9% and median prices down 4.1% YoY. Buyers are seeing more options, but within the Austin city limits, we're bucking the trend with a 4.1% rise in median sold price YoY.     Here's the link for more information: https://lnkd.in/gq2DMzrD #austin #realtor #teamprice #austinrealestate #marketupdate #realestate

Toronto Real Estate Market Update - November 2024 🏡 The GTA real estate market showed strong growth in November, with increased sales activity and a rise in average home prices. Buyers are benefiting from lower borrowing costs, while sellers are seeing demand for certain home types continue to rise. Here’s what happened in November: ➡️ 5,875 sales through TRREB’s MLS® system—a 40.1% increase from November 2023. ➡️ 11,592 new listings, up by 6.6% year-over-year, giving buyers more inventory to choose from. ➡️ $1,106,050 average selling price, a 2.6% increase from November 2023, with stronger growth in detached homes. ➡️ 31 days on market (LDOM), providing more time for buyers to negotiate compared to 25 days last year. What does this mean for you? Buyers can enjoy increased inventory and negotiating power in certain segments, while sellers in high-demand areas, particularly with detached homes, can take advantage of price growth. Let’s navigate these market conditions together! Whether buying or selling, expert advice is key. Contact me today! Maniva Armstrong- Guiding You Home 🏡 Forest Hill Legacy Inc 905-717-9009 Info@manivarealtor.com www.manivarealtor.com #TorontoRealEstate #MarketUpdate #ForestHillLegacy #GTAHousing #HomeBuying #SellingYourHome #HousingTrends

📊 April 2024 Real Estate Market Update 🏡 Here's a snapshot of the latest trends in the Toronto real estate market: ➡️ Home sales dipped slightly compared to April 2023, following a temporary surge in activity last year. ➡️ However, new listings saw a significant increase year-over-year, providing buyers with more options to choose from. ➡️ Average selling prices remained relatively stable compared to last year, with a slight uptick observed. ➡️ GTA REALTORS® reported 7,114 sales, down 5% from April 2023, while new listings surged by 47.2%. ➡️ The MLS® Home Price Index (HPI) Composite benchmark showed a slight decrease year-over-year. ➡️ Despite this, the average selling price increased by 0.3% to $1,156,167, marking a 1.5% rise compared to March. Buyers in the GTA resale market are benefiting from a healthy inventory, leading to stable prices. Looking ahead, lower borrowing costs may impact market conditions, potentially prompting renewed price growth. Stay informed with ECKO JAY REALTY LTD. for more updates on the Toronto real estate market. 📈🏠 Ecko Jay Realty Limited Brokerage.⁠ 📍1865 Leslie Street, Suite 202⁠ Don Mills, Ontario M3B 2M3⁠ Email: eckojay@eckojay.com⁠ Office: (416) 445-8858⁠ Fax: (416) 445-5590⁠ ⁠ #RealEstate #Toronto #MarketUpdate #ECKOJAYREALTY #CelebrateMom #EckoJayRealty #DonMills #EckoJayRealty #ForSale #DreamHome #DonMills #EckoJayRealty #RealEstate #DonMills #DonMillsOntario #CanadianRealEstate #ontariorealestatebrokerage #allaboutrealestate #realestateadvisor #realtor

November brought a mix of optimism and ongoing challenges for the Toronto real estate market: - Buyers retained strong negotiation power, especially in the condo market with ample options and declining prices. - Months of Inventory (MOI) improved, but high inventory kept competition restrained. - Listings lingered longer, reflecting a slower-paced market. With borrowing costs trending lower and inventory levels expected to adjust, the market is positioned for gradual stabilization and recovery in 2025. The window of opportunity for upsizing is shrinking as the current trend is shifting towards detached homes. Let’s connect to explore how to take advantage of today's market! #TorontoRealEstate #MarketUpdate #HousingMarket #RealEstateInsights

🏡📈 Austin Real Estate Market Update 📉🏡 Exciting changes in the Austin-area MLS! The total number of active listings has surged from 12,876 in 2023 to 15,780 in 2024—a 22.5% increase. This rise has impacted the Months of Inventory, expanding from 4.46 to 5.4 months, up by 21.8%. However, we've seen a shift in pricing: - The average sold price has dropped from $664,515 to $592,359, an 10.8% decrease. - Both the average and median sold prices per square foot have also decreased. Homes are spending more time on the market, with the average days on market now at 55. Stay informed and reach out if you have any questions or need assistance navigating this changing market! 🏠✨ #AustinRealEstate #MarketUpdate #RealEstateTrends #HomeBuying #HomeSelling #RealEstateNews #BrookeLeMond #Austinrealestate #Texasrealestate

📈 Toronto Real Estate: Rising Prices Amidst High Inventory! 🏡 The Greater Toronto housing market is showing intriguing trends as buyers and sellers navigate changing dynamics. In November, home prices saw their first uptick in over eight months, with the benchmark price climbing 0.1% to $1,061,700. Although still 1.8% below last year’s levels, this growth hints at a potential market shift. Could it signal the return of FOMO among buyers? 🤔✨ 📊 Sales Surge, But Still Below Normal   Toronto’s real estate sales jumped 40% year-over-year, reaching 5,875 homes sold in November. While this surge is significant compared to recent years, it’s still 35% below the levels seen in 2021. Demand is recovering, but it hasn’t yet reached pre-pandemic norms. For buyers, this might be a window of opportunity before competition intensifies. 💼💡 🏘 Sellers Flood the Market   An impressive 11,656 new listings hit the market in November—the highest number in over a decade. Active listings soared to 21,818, reflecting a surge in inventory not seen since the busy spring season. This unprecedented supply brings both opportunities and challenges for the Toronto market. 🌆📈 🔍 What Lies Ahead?   With inventory levels so high, rising prices in this environment are surprising. It remains to be seen whether this trend reflects pent-up demand or the start of a more stable, balanced market. As Toronto real estate continues to evolve, keeping a close eye on these developments is essential for buyers, sellers, and investors alike. 🏡 Let’s watch the market with Digital Home Development! 🌟📅 #Toronto #RealEstate #DigitalHomeDevelopment #HousingMarket #HomePrices #RealEstateTrends #Market