The Fall market is in full swing.
In September 2011, 34 homes sold in Leslieville, at an average price of $560,602. On average these properties took 16 days to sell and sold at 105% of their listing price. A total of $19,060,471 worth of real estate changed hands on the MLS system in September.
All signs point to a seller’s market in Leslieville. Average selling price is up 8% over this same time last year and homes are selling at 105% of their asking price. Now is a good time to sell in Leslieville.
These numbers support the anecdotal evidence from our salespeople that Leslieville still faces a lack of supply, not demand. When submitting offers on Leslieville properties, buyers have been facing multiple offer scenarios left, right, and centre. There are just not enough properties available.
Provided below are some overview charts of the market activity in Leslieville since Dec 2009. If you would like to download a report that outlines all of the details (including sold price) of the homes that sold in Leslieville in September 2011 click here: Leslieville Real Estate Market Report September 2011 Donwload.