montrealhome
  • Sell
  • Buy
  • MONTREALHOME
  • Guides
    • Buying guide
    • Selling guide
  • Journal
  • Directory
  • About
  • Sell
  • Buy
  • MONTREALHOME
  • Guides
    • Buying guide
    • Selling guide
  • Journal
  • Directory
  • About

Beaconsfield Home Price


Sales Price vs Asking Price

Many people ask how to tell whether the market is heating up or cooling down. To them I say — always listen to the brokers. Not literally, of course! What you should listen for is the variance in what they’re saying to buyers versus sellers. If you’re a seller and you want to get a good read, pretend to be a buyer. Talk to the brokers and try to bid. They will almost instantly tell you how flexible the list price is. If they tell you they think they can close it at 20% less, this is a genuine indication for what’s truly going on. In a truly hot market, sale happens close to the list price or asking price, sometimes over it. In a cooling market, this gap becomes larger, leading to deals simply not closing.

Seller's market
A Sales to-Listings (SLR) ratio under 40 per cent where new listings overtake sales suggests a buyer’s market, between 40 and 60 per cent is a balanced market and over 60 per cent, where demand exceeds supply, is a seller’s market.
Beaconsfield Single-Family Homes
​Absorption Rate

Absorption rate above 20%: seller's market
​Absorption rate below 15%: buyer's market
Beaconsfield Single-Family Homes
Months Of Inventory
0-4 months: seller's market
5-8 months: balanced market
9 and more months of inventory: buyer's market
BEACONSFIELD AREAS HOME PRICE >
Beacon Hill (North East), Sherwood (North West), Forest Gardens (Central North), Central South, South East, Beaurepaire (South West)

Request a valuation
ABOUT   FAQ
On The market : Ile-des-Soeurs/Nuns Island   Griffintown   Westmount    Downtown Montreal   Brossard  Candiac   Saint-Lambert  Saint-Bruno-de-Montarville Boucherville Villeray
Market Reports : Ile-des-Soeurs/Nuns Island   Griffintown   Westmount   Downtown Montreal  Villeray  Montreal Sud-Ouest  Brossard   Saint-Bruno-de-Montarville  Boucherville  Ville Saint-Laurent  Dorval  Beaconsfield  Baie d'Urfée  ​Dollad-des-Ormeaux  Kirkland  Pointe-Claire
On Location : Ile-des-Soeurs   International Quarter   Golden Mile   Vieux Montreal   Outremont   Boucherville

    Subscribe to our newsletter

Subscribe to Newsletter
© montrealhome 2020. All rights reserved.