These days, you’re going to want to get your price right when you get ready to sell your house. Honestly, it’s more important than ever. Why? While you may want to list high just to see what happens, that’s a plan that can easily backfire, and it’s going to cost you in the current market. And the risk isn’t just missing out on offers, it’s missing out on the move you needed to make in the first place.   The Real Pitfall of Overpricing   Many homeowners remember what their neighbour’s house sold for a few years ago, and they want to chase that same sky-high number.…

This October, buyers in the Niagara Region are experiencing a real advantage thanks to changing market conditions: More homes for sale than in recent years Slower home price growth, making monthly payments more manageable Less competition, so buyers do not have to rush or overbid The market is more balanced compared to 2021, creating new opportunities for today’s buyers Tracy Phelan, of RE/MAX Garden City Realty Inc., has been a trusted name in Niagara real estate for over 30 years. As a Seniors Real Estate Specialist, Tracy is dedicated to providing expert guidance and personalised service for buyers and sellers across St. Catharines, Niagara Falls, Thorold, and…

How I Help You Nail the Right Price   I never just pull a number out of thin air. I use real data and market trends to make sure your house is priced based on what your specific home is valued at today. So, you’re setting a realistic price – one that’ll draw in serious buyers.   And based on my analysis of your local market, I can recommend strategically pricing slightly below market value to help your house attract more eyes and more competitive offers. Here’s how I will determine the right number for your house:   I look at recent sales. What did similar…

Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totalled 539 units in October 2024, compared to 377 in October 2023.   In October, the Niagara Association of REALTORS® listed 1274 residential properties compared to 1207 in October 2023.   The average days it took to sell a home in October 2024 was 43 days, a 16.2 % increase from October 2023. "With the amount of sales increasing 43% from last October and increasing 10.5% from last month it's a good indicator that things are trending in the right direction and buyers are definitely coming off the sidelines. Buyers…

Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totalled 488 units in September 2024, compared to 372 in September 2023. In September, the Niagara Association of REALTORS® listed 1457 residential properties compared to 1366 in September 2023. The average days it took to sell a home in September 2024 was 44 days, a 18.9 % increase from September 2023. With over 2,900 active listings there are plenty of options for buyers to purchase in Niagara. The sales (488), days on market (44) and HPI Benchmark Price ($640,000) stayed relatively the same month over month with the…

"Niagara Real Estate Market Update - August 2024 Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totaled 503 units in July 2024, compared to 522 July 2023. In July, the NAR listed 1345 residential properties compared to 1280 in July 2023. The average days it took to sell a home in July 2024 was 42 days, a 31.3% increase from July 2023. The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price for the Niagara Region was $646,900 in…

Are you are planning on putting your house on the market this spring? If you are, then now is the time to get started. As your professional agent for all your Niagara real estate needs, there are several things you can do to make your home stand out from the rest. Here’s how to get a quick sale at or close to full market value. Read on and get ready to turn that ‘For Sale’ sign into a ‘Sold’. Spring is often the most popular homebuying season. Birds are chirping, bulbs are peeking through the soil, and homebuyers are coming out of hibernation.…

As we're getting close to 2024, Niagara is still proving to be a great place to buy, sell and invest in Real Estate. "Niagara housing prices are holding strong with a slight decrease in price of less than 1% month over month and year over year. We also see an increase in sales and new listings year over year,” reports Niagara Association of REALTORS® President, Amy Layton. “This is a good sign which continues to show Niagara remains an attractive place to buy a home. A higher average days on market of 45.5 days from 37 days in October 2023 shows people…

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: “Deciding whether it’s the right time to sell your home is a very personal decision. There are numerous important questions to consider, both financial and lifestyle-based, before putting your home on the market.” So, ask yourself this: why do I want to move in the first place? Chances are your primary motivation isn’t just…

The Niagara Region is experiencing a balanced market with housing prices rising slightly. This stability indicates a healthy real estate landscape, attracting both buyers and sellers. The consistent increase in housing prices showcases the Region’s desirability and points to a strong market going into the Fall. Reach out if you have any questions.

While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still quite low. To set yourself up to take advantage of this market, you need to rely on an agent. Only an agent has the expertise needed to find the right asking price for your house. Here’s what’s at stake if that price isn’t accurate for today’s market value. The price you set for your house sends a message to potential buyers. Price it too low and…

April stats are live! If you ave any questions about the current market reach out at any time 905-321 - 6165

Know the Local Market when You Sell “The most common way people give up their power is thinking they don’t have any.” Alice Walker “If you’re working on something you really care about, you don’t have to be pushed. The vision pulls you.” Steve Jobs Are you thinking of selling your home this year? If so, you might be paying close attention to housing market news covered by the regional and national media. While that news can be helpful information, it can sometimes say little about what’s happening in your particular neighbourhood. In fact, it’s possible for there to be a balanced market nationally…