In his latest update, Adam shares the latest market statistics, speaks about what the increased demand and decreased supply have meant for home sales, and underscores the importance of having the right team to work with when buying or selling your home.

Video Transcription:

Here we are with the January market update. The trend continues, this high demand, this low inventory, not just our inventory, the entire inventory of the city. I told you last month that it was a 30 year low. We've gone 10% below that. 270 active listings and we are seeing a spike still in a number of sales. 

The average home price now has gone up to $508,000. We have seen listings come up with over 19 offers on one listing. I have seen offers that are over $200,000 over asking, and I'm not talking million-dollar properties. 

You gotta have a great team out there that can work for you! A team that is seasoned and ready to move quickly. We've got that at Koven Lifestyle Real Estate! I am blessed with a wonderful team! We have all sorts of things we'd like to talk to you about. 

We have a lot of properties that will be coming soon as well, so check out our website, We have all of the best systems in place for you as a seller and as a buyer. We will know it's available for you the moment that it hits the street. 

Thank you so much for watching! Thanks for clicking! Keep watching, you'll see some really interesting things coming with Koven Lifestyle Real Estate, Royal LePage ProAlliance.

Whether you are looking to buy or sell, we can help you! Give us a call at 613-539-0000 and we can get started!