How's the Real Estate Market?
We are always staying up to date on market trends as the Affinity Group team continues to analyze the number for the Kawartha Lakes area, in SEPTEMBER 2021 Listings continue to be down 11.7% from this time last year, and Sales are down 23.5%. Year to Date: the average price of homes has increased by 39.1% from this time last year. The average price is currently set at $744,300.
As a home seller, the good news is that prices are still increasing largely due to the supply of listings being below market demands. For Buyers, iInterest rates have remained at an all time low and are still falling. This is making mortgage financing reasonably affordable for our market.
If you or someone you know is thinking of making a move, contact us today to discuss your real estate needs.