Market Update – October 2015

By: David Kurt

Market Update – October 2015

Tags: Market Update – October 2015

Here is a quick Market Update for October 2015. The Sudbury Real Estate Market continues to slighlty favour Buyers, as listings have continued to increase and prices have remained steady. Listings are up by just over 1% vs, October 2014, and the average sale price was $ 264,141, down 2.1 % from the same month last year. Mortgage trends also favour buyers, with rates at a historical low. What does this mean for you? If you have been planning on buying a home, now is a great time!

As soon as the cold weather and snow hit, the Market will experience a shift, with a decrease in the amount of listings. Don’t let this deter you, there are still a number of advantages to buying a home in the winter; the biggest one being that the winter often brings some of the best deals for buyers!

If you are considering buying a home, or would like more information about the current Sudbury Real Estate Market Trends, please contact me! I would be happy to help!

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