September Real Estate Market Roundup

Welcome, this is just a quick snapshot of what’s in the market coming out of the winter months.

What we’ve seen this September is a little bit of hesitation with buyers because we’ve come out of a dull winter, however buyers have no choice because there’s been such low stock levels.  This is the lowest stock level the market that I’ve seen in years.

To give you an example, in Stafford we have 37 properties available, 3 of those sold.

Everton Park we have 67 properties on the market currently and 8 of those sold and at Stafford Heights there is 22 and 9 of those are sold and in McDowall we’ve got 37 properties and 6 of those sold.

So you can see there isn’t a lot of choice, so in October in the heat of the spring season which is where we are now right in the middle of October all of the sudden the buyers have gone. Oh my goodness! There is no choice out there, we have to make a move we have to move, and we have no choice.

So we’ve seen multiple offers were seeing a frenzy and we’re getting amazing prices the prices are coming up, they are bidding against each other and sometimes people are losing by $200 or $500 and they keep coming back to me and say, “oh, Madeline, I wish I’d gone up”

So the buyer frenzy that’s out there actually works for the sellers, if you have thoughts of putting your property on the market but you’re scared because of all the doom and gloom that’s coming out through the media, don’t listen to them.

It’s all about the demands and supply, supply and demand, whichever way you want to say it. The reality is the buyers need to buy, you need to sell there’s never been a better time.

As I’ve said before there’s not a lot of competition and when there’s no competition you get the best out of the market, So if you want to sell or if you want to buy give me a call and I can help you through the process. My name is Madeline

McDowall Recent Sales

Highest Sale Price:- $880,000	Lowest Sale Price:- $545,000
Properties Sold:-  6	Properties on the Market:-  37

 

 

Address	Bed	Bath	Car	Land Size	Sale Price
275 Old Northern	3	3	6	8349	not disclosed
17 Matthau Pl	5	3	4	763	$880,000
21 Van Dyke Cres	4	2	2	697	$660,000
21 Gleeson St	5	2	2	592	$630,000
17 Paramount Cr	3	1	2	762	$545,000

 

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Stafford Heights Recent Sales

Highest Sale Price:- $755,000	Lowest Sale Price:- $392,500
Properties Sold:-  9	Properties on the Market:-  22

 

Address	Bed	Bath	Car	Land Size	Sale Price
10 Farrant St	5	3	1	556	$755,000
31 Gable St	3	1	2	673	$622,000
2 Redgrave St	3	2	2	660	$612,000
17 Chaplin St	3	1	2	587	$567,500
10 Sedgemoor St	3	1	1	607	$538,000

 

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Stafford Recent Sales

Highest Sale Price:- $697,000	Lowest Sale Price:- $565,000
Properties Sold:-  3	Properties on the Market:-  37

 

Address	Bed	Bath	Car	Land Size	Sale Price
29 Barbigal St	4	1	2	653	$697,000
17 Gabon St	3	1	2	670	$580,000
18 Nevitt St	3	1	1	637	$565,000

 

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Everton Park Recent Sales

Highest Sale Price:- $815,000	Lowest Sale Price:- $393,000
Properties Sold:-  8	Properties on the Market:-  67

 

Address	Bed	Bath	Car	Land Size	Sale Price
71 McIlwraith St	4	2	2	404	$815,000
43 Sizer St	3	1	1	697	$611,000
29 Mountridge St	3	1	2	607	$492,000
4/36 Fallon St	3	2	1		$467,500
10/36 Russell St	3	2	1	120	$393,000