Was surpised to see over 90 price reductions in the last 7 days. However, sales are keeping up with new listings and inventory is coming down with many listings expiring or coming off the market.

Today’s advice is to continue watching the market after your home is listed and continuously evaluate where you are positioned in your neighbourhood. I've started setting up an auto email for my clients to make sure we both see any new listings, price reductions and sales in our neighbourhoods as soon as they happen.

Filmed in front of at http://www.4617jameshillroad.com/ in Harbour Landing, where they have over 130 active listings with 50 being single family, detached homes. A lot of competition.

Comment