MARKET REPORTS
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.
Griffintown Condominiums
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GRIFFINTOWN BEST RESALE CONDOMINIUMS CATEGORIES IN 2019
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Griffintown lofts without garage have increased most in value in 2019.
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GRIFFINTOWN condominiums 2019 achieved sale price
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2018-2019
median price increase All bedrooms : +8.21% 1 bedroom : +13.30% 1 bed+1 parking : +15.94% 2 bedrooms : -1.34% 2 bed+1 parking : +10.94% 2 bed+2 parking : +25.31% 3 bedrooms : -25.20% 3 bed+1 parking : +19.74% 3 bed+2 parking : -25.67% |
2010-2019
median price increase All bedrooms : +71.53% 1 bedroom : +53.67% 1 bed+1 parking : +43.77% 2 bedrooms : +94.27% 2 bed+1 parking : +73.73% 2 bed+2 parking : +62.11% 3 bedrooms : +126.40% 3 bed+1 parking : +152.10% 3 bed +2 parking : +36.50* * 2016-2019 |
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