If you’re wondering how the local real estate business is going in Thorold, you might be interested in a report we recevied from local realtor Crystal Simons with Revel Realty. It looks like home prices are going up very high in Thorold, and sales dipped slightly in January, according to the recently released real estate statistics from the MLS.
Thorold Real Estate Prices Jump 36.8% in January
The average sales prices s in Thorold showed a jump of 36.8 percent on a year-to-year ranker.
Sales Dipped in January
When it comes to buying activity, we see 20 sales were reported in Thorold, which is down 16.7% on a year-to-year comparison.
The average days on the market in Thorold was down 53.1 percent on a year-to-year comparison.
There were 22 listings in Thorold, showing a 15.8% increase in a year-to-year ranking.
The statistics for January 2022 are based on information from the MLS.
What should prosepctive buyers or sellers draw from the statistics?
Crystal Simons, Realtor – Partner at Fine Estates Team at Revel Realty, offers the following advice for buyers or sellers in Thorold.
“If I can give any advice on the selling side it would be , if you’ve been on the fence , take the jump. Right now, we are seeing the highest prices and your home maybe worth more than you think.
crystal simons, realtor
Buyers that might be nervous about these prices, bottom line what you’re buying today will already have gained value by the time you close on it.”
If you have any questions on the Thorold Real Estate Report, email crystal@revelrealty.ca
How do you feel about the overall real estate market based on January activity in Thorold? Join the conversation on our Facebook page.