In real estate, winters can sometimes be the “slow” season.
This doesn’t mean there aren’t buyers and sellers closing deals – it just means that more sellers choose to list their homes during seasons offering warmer weather. So, when spring rolls around, and sellers are once again able to show their homes to the best advantage – that’s when you notice those “for sale” signs popping up all over.
At McGarr Realty, our team of professionals is excited for another spring real estate market in Niagara!
And believe us when we say we are in it – and that as usual, it has already offered a few surprises for both buyers and sellers.
We have had people “drop in” to open houses who were just driving past, on their way to somewhere else … and they ended up putting in an offer. We have had properties in desirable areas receive multiple offers. We have had buyers come from other provinces because Niagara real estate offers hidden gems and prices lower than surrounding cities. We have had homes in established neighbourhoods sell after a very short time on the market – in one case, after just hours of being listed.
It’s an exciting time in real estate right now, despite new mortgage rules and an increased Bank of Canada rate … prices in Niagara are holding steady, and the average price for January showed a 10 per cent increase over January of 2017 (Niagara Association of Realtors January statistics).
These are conditions that, after having witnessed the opening of the “busy season,” prove to our McGarr team that both buyers and sellers can find what they are seeking in Niagara’s generous market. So, if you are thinking of selling your home, or making a move to Niagara, our McGarr team is standing by, ready to lend a hand.
Give our office a call at 905-468-9229 in Niagara-on-the-Lake, or 905-687-9229 in St. Catharines. Or send us a message here!
Together, we’ll experience the excitement that is Niagara’s spring real estate market!
The Latest