Current Rural Home Market Conditions in the Greater Golden Horseshoe – Discover your perfect home in Oakville, Ontario, and experience the ultimate living.

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Current Rural Home Market Conditions in the Greater Golden Horseshoe

Current Rural Home Market Conditions in the Greater Golden Horseshoe – Discover your perfect home in Oakville, Ontario, and experience the ultimate living.

The current average list price is higher than what the predominate amount of listings are selling for. 

This doesn’t mean that if you have a property listed at $2M it is now worth $1.3M.

What the numbers indicate is that higher priced properties, on average, likely aren’t selling as often as those listed closer to or under, the $1.3M price point. The days on market also show that these higher priced properties are staying on market longer than those listed closer to the average. 

The DOM is a good indicator for sellers that this is what they may want to expect in terms of the time it is going to take to sell their home in the current climate. 

The Current to Original List Price Ratio gives us an idea of the difference between what, on average, properties are listed for and shows that these prices, at least over the last few months, have come down from the original list price.  

Right now, we’re in a strange economic time and it is being reflected quite strongly in our real estate market – rural and regular.

One of our favourite instagram accounts to follow for a good laugh is @TheBrokeAgent, and they said it perfectly:



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Current Rural Home Market Conditions in the Greater Golden Horseshoe - Real estate sales in Oakville
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