The East side has recently moved into a 'Sellers Market' from a balanced market. Currently, Attached Properties (townhouses and condos) are averaging a 31% sales ratio average (3.1% in 10 homes selling). Detached Properties are averaging 33% (3.3% in 10 homes selling)East side homes are selling on average 2% below asking price.
The most active price band for Attached Properties: $700k - $800k with an average 75% sales ratio (Sellers Market)
The most active price band for Detached Properties: $600k - $700k with an average 55% sales ratio (Sellers Market)
Good news for all of us that own on the East side. If you have any questions or require more information, please don't hesitate to contact me.