This past month brought on a number of new listings that we do not typically see for this time of year. There were 155 new homes that came to the market in November, which is an increase by 40% compared to the same period of time last year.
The number of homes sold was down by 28% with 108 homes selling this past month.
The average sale price is up by about 7% with the average home selling for $412,104 during the month of November
If you’re looking to buy in Northumberland, there likely couldn’t be a better time. With just over 400 active listings there is certainly a lot of inventory to choose from.
If you’re consider selling or trying to sell, it continues to be a very competitive marketplace. The right marketing, staging, and price are essential in a market such as this.
For more information on the real estate market or for a completely complimentary free evaluation of your home, contact Jacqueline at 905-375-0062 or firstname.lastname@example.org