MARKET UPDATE - JUNE 2019

By: Gemma Leggett

MARKET UPDATE - JUNE 2019

Tags: June TREB MARKET UPDATE, June Toronto real estate market update

 

 

 

The Toronto Real Estate Board REALTORS® through TREB's MLS® System has released the numbers for JUNE 2019 

If you SOLD your house in June, Well done! The average sale price in York Region and Simcoe County was up and so did the number of sales! 
The days on the market are slightly up in York, but remaining the same in Simcoe, Between 25 to 34 days depending where you live. 
We are wrapping up the Spring market and we can say that we are in both region in a balanced market
If you are thinking of making a move before the new school year, Now is the time! 
Dear Buyers, prices are NOT coming down, and Mortgage Rates are at their lowest, so take advantage of this situation!
This is what I call a PERFECT 
WIN-WIN situation! 
Please note, I also have the numbers for your town/city individually and I am available to discuss these numbers with you as well, if you would like an even more specific breakdown.
Below are the current numbers for each area.


York Region :
The average sale price is UP  0.13 % compared to May 2019 and UP 0.24 % compared to June 2018  
The number of SALE is UP by nearly 12.56 % compared to June 2018. 


Simcoe :
The average sale price is UP  2.72 % compared to June 2019 and UP 2.94 % compared to June 2018  
The number of SALE is UP down 9.43% compared to June 2018. 


And as usual, if you wish to discuss the market for your area, give me a call!