HALTON HILLS HOUSING BLOG

Hi everyone! Welcome to this week's Halton Hills housing update. The numbers have been pretty in line with what we’ve been seeing. In Georgetown last week, there were eight sales which is good for sellers because we’ve had some low sales numbers in the past few months. Eight is a decent number for Georgetown for one week, especially this time of year. We also had 12 new listings, but we didn’t feel a huge impact because of the eight sales we had and there were properties... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, our numbers have continued to trend downwards. In Georgetown last week, there were 10 sales and only six new listings. We haven't seen double digit sales in one week since the end of July, so this is great news for sellers. The bad news though is that pricing has come down pretty significantly. There was a Delrex bungalow that sold for just over $800,000 and a really nice Georgetown South home that probably would have... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, what I'm calling the mass exodus of listings is still continuing right now. Our inventory numbers are dropping, which is, I guess, a good thing for sellers although we’re still sitting very high. The numbers are a little skewed each week though because of how many properties are coming off the market as opposed to selling. So, in Georgetown last week there were eight sales and eight new listings. We typically... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, I have October's numbers today as well as what happened last week. The October numbers are honestly very odd to me. I really thought we might see our lowest average price of the year but that is not the case. We’re actually up from last month and way up from 2022, which makes no sense! Based on the climate in the market right now though, I think it’s just inevitable that prices are going to come down and we... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update! The numbers are really interesting this week. Inventory is technically down but it wasn’t because of sales but I’ll elaborate on that later. So, in Georgetown we had nine sales which is a normal week, not too low or too high, and 14 new listings. So once again it was another week with new inventory outpacing sales. Acton had no sales and one new listing, so it is slowing down a bit which I was expecting. Glen... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So the market is not getting any better and the numbers aren’t looking great. Georgetown only had five sales this week which is a super low number when compared to the number of listings we have here right now. There were 15 new listings in Georgetown this week so inventory is going up and it feels like we’ve just had a flood of new listings each week. Our saving grace is that we still have houses terminating and... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. I was on vacation last week so I am going to try to summarize two weeks today.  In Georgetown over the past two weeks, we had four sales last week and nine sales this week. That’s only 13 sales in two weeks which is very low and would be a normal number for one week in a regular market. The worst part though is that we had 29 new listings, 11 last week and 18 this week, so there are a lot of new listings hitting... [read more]

Hi everyone. Welcome to this week's Halton Hills housing update. We have a ton to cover today with September’s numbers, so let’s get into it! In September of 2022, which is last September, we sold 62 units which was down significantly from 2021 when we sold 81 units. Our average price last year was $1,139,000. This year, we sold 49 units and I actually thought it would be less because it has been an extremely slow month but we had a lot of properties transact last week. So... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, another horrible week for sales and a really high week for new listings. We all know what this is going to look like. So, in Georgetown this week there were three sales which I thought was the lowest number ever, but it isn’t. The first week of January in 2022 there were two sales, but only 11 houses were for sale, so it’s really not the same! We had three sales this week but we have 120+ listings which is a... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, this is another week of not great numbers, but some really interesting things to go over and definitely showing a trend in terms of where we're going. Looking at Georgetown this week, we had nine sales. That is not a high number, but it's not as low as what we were seeing you know, that last week of August, first week of September. So, nine sales is like, we'll take it. Five of them were a million and over... [read more]

Hi, everyone! Welcome to this week's super interesting market update. The numbers this week are crazy and are going in the direction I thought they were going to, which is bad news for sellers. So, let's look at what happened in Georgetown last week. We only had five sales which is very low. From the listings I have right now, I can tell you buyers are just unwilling to pull the trigger right now and there has been a massive slow down in buyer activity. Five sales when you have as... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, today I have August numbers, which feel very skewed due to some high sales and I’ll also cover what happened last week and a trend I think is emerging.  So, in August of this year, we only sold 40 houses which is extremely low for Halton Hills. Some months we see over 100, but we typically see between 80 and 90. So, 40 sales tells us that buyers are not very active right now. In August of 2022, when things... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, another sort of weird week in terms of numbers. We had extremely low sales across the board this week. In Georgetown, there were only four sales. That is extremely low for Georgetown and that is just showing us how quiet buyers are right now. Showings are still happening but we are not seeing may offers right now. Hopefully this trend of extremely low sales ends soon because it will not be good for our overall inventory.... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, not as dramatic of an update this week. The numbers are still interesting and they are definitely trending in the direction that I thought they were going to be trending. But, what's interesting is that properties are coming off the market now and it's kind of keeping things at bay again. So, looking at last week's numbers, Georgetown only had six sales. Again, this is a very slow week in Georgetown,... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. This is a pretty surprising update this week and I really think it’s an indicator for where our market is heading into the back half of the year. There were only six sales in Georgetown last week. It’s been super slow recently which is a bit surprising, but what’s even more shocking is just how many new listings we had this week. This week, Georgetown had 27 new listings. That is probably one of our... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. This week was another weird week in terms of numbers and I’m really not seeing any concrete trends. In Georgetown this week, we only had seven sales which is a pretty low number for Georgetown. August is historically a very slow month in terms of buyer activity, but only seven sales is again very low. What’s notable is that Georgetown had 17 new listings. It’s a huge number compared to what we’ve been... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, we've got a whole slew of things to cover this week. It was another weird week last week with the numbers and I also have July numbers to report. They’re technically unofficial because it’s only August 1st but I had to do them today! Here we go. In July of 2023, which was last month, we had 55 units sell. Last year, we had 56 units sell, so we are pretty much on pace with last year. Our... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. So, the numbers are a bit odd this week. Georgetown, which is not the really odd part, had ten sales, which is a pretty normal number for Georgetown. Things are definitely still moving there. There were only eleven new listings, so that's definitely on the lower end of what we want to see. We are still sitting relatively low in Georgetown. We did see a couple properties come off the market, too, so Georgetown is... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. Inventory has dropped again, so let’s take a look at the numbers. In Georgetown this week, there were 15 sales, which isn’t a crazy number but definitely above average. The bad news is that we only had eight new listings, which is low. These numbers are reinforcing the fact that we are in the summer time, when less people are listing their homes. We still have a strong buyer demand despite interest rates,... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. The numbers are pretty stable this week. There were 15 sales in Georgetown which is not a super high number, but it's not low by any means. We also only had 16 new listings, so the number of new listings is starting to slow down which will keep the market moving. Without massive amounts of inventory piling on every week, we won’t feel a spike, and that’s what would start to change the market. In Acton,... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. Today I have June numbers to report, as well as some interesting numbers from last week's sales. So diving into our year-over-year numbers, in June of 2022, our average price point was 1,179,000. We are actually down over 5% year-over-year and this month's average price was 1,119,000. That surprises me. I thought we would push closer to the 1.2, but we had a lot of sales under 700,000 this month. That’s... [read more]

Hi, everyone. Welcome to this week's Halton Hills Housing Update! I think the market is changing a little bit… The numbers that are here this week support what I'm seeing out in the market. So looking at sales - last week, Georgetown had 14 sales, which is a good week for Georgetown, not super high, but it's definitely not low.14 is good sales for a week. 25 new listings though, that is a lot of new listings in a week for Georgetown. And if we start to see more weeks where... [read more]

Hi, everyone.Welcome to this week's Halton Hills housing update. Inventory is just not climbing at the moment and there’s some interesting stuff going on with the numbers, let’s get into it. Looking at Georgetown last week, we had 15 sales. Higher than average, yes, but still not super, super high. And we only had 16 new listings. That new listing count has certainly not kept up the pace of the 20 plus that we were seeing for a few weeks. Thats led us to think that maybe this is... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, this was an interesting week because we didn't follow the trend of the last two weeks, but we had some ups and downs.  So, looking at the numbers;  in Georgetown last week, we had 19 sales, which is a high number for Georgetown. Anything 12 and under is sort of normal. After that it starts to get in the higher realm. In terms of new listings, we only had 15 new listings, which is down from last week. It... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. Today I'm going to go over May's numbers, and some really interesting numbers from last week. Let's dive right into what happened in May. So my prediction was that we were going to see our average price hit $1,200,000. We didn't quite make it there, but it's pretty darn close. In May of 2022, so May of last year, it was the month that really started to see inventory pile on and things sort of soften. In... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. We had a really interesting week in terms of sales and new inventory, so let's get into it. In Georgetown this week, we only had 12 sales. That’s a pretty good week for Georgetown but it's definitely lower than we've been seeing. Eight of the 12 sold over asking, and that shows there's still lots of buyer demand. We're definitely still in bidding war mode, but to only see 12 sales is kind of on... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. The market is very busy but we continue to be going in what feels like the wrong direction.  Looking at last week’s numbers, Georgetown had 16 sales, which is not the highest number we've seen, but we're getting into that territory of not enough listings to buy, which is actually why our weekly sales numbers are lower. If we had a ton of inventory, based on demand, we'd be seeing 20 plus sales every... [read more]

Hi, everyone. Welcome to this week's Halton Hills housing update. Not as dramatic of a week in terms of sales versus new listings. Inventory is going in the right direction this week, so we'll see how that pans out in the next coming days/weeks. Looking at last week's numbers: Georgetown had 15 sales. So, that's nowhere near the 20 plus we've been seeing on those really high weeks. It was a stable number of sales, but we only had 16 new listings. So not a massive amount... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. The numbers are not as dramatic as they were last week, but the inventory is not keeping up with demand. In Georgetown this week, there were 20 sales this week which is a big for Georgetown. Anything over 20 would be considered pretty high, even 15 would be considered high. We did have 21 new listings, which is good news, because that means houses are coming on the market. However, with the number of bidding wars we're... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. This week’s update is a good one. I have April numbers and some crazy week to week numbers to report too! So, let’s look at April numbers. These are still unofficial because there could be a couple more sales that trickle in but by now, a few days in to May, we should be close to official numbers. So this April, our average price was slightly down from March to $1,065,000. That is down 4% since March, but up... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, this market is just wild. It is so busy out there right now, and we are seeing quite a few new listings, but sales are keeping up with them. So, we're not seeing any increase in inventory just yet. Looking at sales this week, Georgetown had 21 sales. The last time we had over 20 sales in Georgetown in one week was last March. So, it’s a very busy market right now. We saw lots of inventory come up last week,... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing updateSo, we had a really big week in terms of sales and listing numbers. Let’s take a look at what happened. So, in Georgetown last week, we had 18 sales. That is a very big number for Georgetown. Anything over 12 to 13 is sort of uncharacteristic, so it's a higher number than we would normally be seeing. So, 18 sales is quite a bit, and then we also had 25 new listings which is a ton of new listings. I am convinced that... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. Inventory is down again this week. I don't know what's going on, but I did cross reference against last April's numbers. I wanted to see what trend we sort of had then, and we're following sort of a normal trend. So, I'm going to talk about that at the end of this week's update, sort of what we're seeing with our inventory levels. But, let's look at last week's numbers. In Georgetown... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. We have lots to cover today, including March numbers, so let’s dive right in. So, our average price has climbed significantly versus last month and actually the last few months and I'm not surprised because the market's very busy right now. So, looking at March of 2022, our average price was $1,438,000 and that was actually the peak of our market last year. Our highest average price came out overall in... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, I think I see a trend one week and then the next week just throws me off. There are lots of interesting numbers within my sold and new listing portion today. So let's dive right in! I'm going to do a quick summary and then talk a little bit more. So, Georgetown this week had ten sales. In a normal week, there are only eight new listings, so that is not great news for inventory levels. Acton had three sales and... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, this might be the start of our inventory increasing in Halton Hills. It felt very busy with new listings last week. Looking at the numbers, in Georgetown this week there were nine sales. That's very much in line with a typical week that we have been seeing recently. Anything above that twelve mark is considered a high week. So, we had nine sales which means properties are still moving. It’s definitely not... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, the market is remaining super stable. It's honestly very anticlimactic right now. So, looking at sales last week, Georgetown had twelve sales. That's a good week, definitely not a low week or a high week, but a good week for sure. We had 15 new listings, so there are definitely new listings hitting the market. That being said however, when sales are really strong, we don’t really feel the increase of... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update from Legoland in Florida. Air Canada canceled our flights, and so we had to find something to do for four days. So, this is a fun little update this week. Let's dive right in. We're going to start by looking at February's numbers. So, in February of 2022, our average price was $1,394,000, so almost $1.4 million. This year, we are down to $1,026,000. So that is down over 26% year over year. You might remember, last... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, the market remains in a pretty steady and stable state. Looking at Georgetown this week, there were only six sales, which is lower than what we’ve been seeing the last few weeks. There are a lot of properties in the sold conditional status though, so next week we could see something like 15 sales. The numbers are definitely delayed a bit because of conditions but six sales is definitely lower than what we have been... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. Happy Valentine's Day! I hope you all have a great day. The numbers this week are kind of interesting, so let's take a look. In Georgetown, we had eleven sales, so we are definitely seeing some pretty consistent sales numbers. The market is definitely not dead. Eleven sales is a good week, and we’ve been seeing that pretty consistently for the past few weeks. Sales are definitely happening! We only had eight... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. We have a lot to cover today, including January's year over year numbers. So, January of 2022 was around the tipping point of the market going crazy last year. Our average price was $1,300,000. So, this year, January 2023, our average price is down over 26% year over year to $1,027,000. That’s a decrease of over $300,000 in terms of average price. A couple more things to note though, of the 37 properties that... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, we have some interesting numbers today. Looking in Georgetown, we had 10 sales, which is right on trend with what we typically see in Georgetown. So that’s a good number and much better than the three we saw last week. What was interesting was that six of the ten were over $1,000,000. So, we had quite a few sales in our higher price point that has been kind of struggling, and two of the six were also over... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, we had an extremely slow week last week and the numbers are a bit surprising. In Georgetown, we only had three sales last week. I do not remember the last time Georgetown only had three sales. Even over Christmas, the lowest we got was four. So, three sales in the middle of January really surprised me when I pulled that up this week. I don't really know what to make of that because the market feels like there's... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, there are no major waves happening in the market right now, but small trends that I think we are going to continue to see. So, looking at last week’s numbers, Georgetown had seven sales. That is right in line with buyer numbers picking back up. Around Christmas we were down to around four sales every week, which was pretty slow, but the buyers appear to be back in the market. Things have been somewhat busy, and... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, our first week of January was pretty slow in terms of sales, but that’s what we were expecting. Looking at the numbers, in Georgetown last week, there were only 4 sales, which is a very low number. Something to note though – there were 14 new listings, which is a really high number for one week, but it’s not a huge surprise. Five of the 14 were properties that terminated last year and came back on the... [read more]

Hi everyone, welcome to this week's Hilton Hills housing update. So, happy new year! I hope you all had a wonderful holiday! I took last week off, so we have lots to cover today. We’ll start by looking year over year at December's numbers - In December of 2021, our average price was really starting to pick up and inventory was very low. So, in December of 2021, our average price was 1.27 million, which is very high. We only sold 42 units in that month, which also showed that there... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, I missed last week’s update because I was on vacation, so this week I’m going to quickly cover what happened over the past two weeks in terms of sales and new listings, and then we will talk about where inventory is currently sitting heading into Christmas! So, for the week of December 13th, we had nine sales and seven new listings in Georgetown. We have been pretty consistent between eight and 11 sales... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. We have lots of numbers to discuss today, including November numbers, so let’s dive in! I looked back at November of 2020 for this report, and normally I would just do year over year, but the market and pricing are starting to feel like we have essentially cancelled out two years of real estate influx, and it seems like we are correcting back to where we should be, and these numbers support it. So, I'll have a lot to... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update! So, our numbers are staying pretty consistent week to week. We did see inventory climb a bit this week, which is a bit of a shift from previous weeks. Let’s look at the numbers! In Georgetown this week, we had nine sales. The market is still moving and nine sales falls between the seven to 11 sales we’ve been seeing per week over the last few months. Nine sales shows us that buyers are still active and properly... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. So, we had an interesting week and I think things are really beginning to slow down in terms of new listings. So, let’s look at the numbers! In Georgetown this week, we had nine properties sell, which is a pretty good number, I would say, given what's going on in the market. Something to note is that we only had seven new listings. So, that is way down from what we've been seeing in our previous weeks. What... [read more]

Hi, everyone! Welcome to this week's Halton Hills Housing Update. So, the trend of low sales and high new listings is continuing, but so many houses are coming off the market, which is kind of skewing the numbers. Let’s get into it! In Georgetown last week, we had seven sales, which is a pretty low number for Georgetown, and we also had 14 new listings. That should mean that our inventory is rising, but when we talk about the numbers, you will see this is not the case, and... [read more]

Hi everyone! Welcome to this week's Halton Hills Housing Update. So, the first week in November was pretty anti-climactic. We certainly are not seeing any major swings, whether it's sales or new listings. Let’s get into it! Looking at last week's numbers, in Georgetown, we only had eight sales. It's not the highest or lowest number, but things are still moving in town, especially under that million-price point. Something to note is that we had 15 new listings, but 8 of... [read more]

Hi everyone! Welcome to this week's Halton Hills Housing Update! So, I have October's numbers to report today, as well as what happened last week. There is a lot to talk about so let’s get into it! In October of 2021, when I think about it and look back, it was the month that we started to feel prices really start to climb. Our average price in October of 2021 was 1.29 million and we also sold 104 units that month, which is a very high number of units in Halton Hills, meaning the... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, the market is still pretty stable, but we do have our interest rate announcement tomorrow, which might throw things for a loop, but for right now, we're in a really interesting spot in the market. So, in terms of last week's sales, Georgetown had 10 sales and 15 new listings. That is great news because there are more listings than sales. What we're seeing though is a lot of properties continuing to come... [read more]

Welcome to this week's Halton Hills housing update! The numbers are definitely not dramatically changing right now. We had some weeks earlier this year where inventory was pretty up and down, but things seem to be pretty stable right now. We're not seeing a ton of new listings hitting the market. So, the numbers have been kind of interesting. So, looking at last week's sales, in Georgetown, we had 12 properties sell, which is a normal number, not high, not low, but we only had... [read more]

Hi everyone! Welcome to this week's Halton Hills housing update. I hope you all had a lovely Thanksgiving weekend. Let's look at what happened last week in Halton Hills. So, Georgetown last week only had seven sales, pretty low number overall for Georgetown. We might have missed a few sales reported because of the long weekend. So next week we might see a higher number than sort of is accurate because it will reflect the sales that happened that didn't get reported yesterday but... [read more]

Hi everyone! Welcome to this week's Halton Hills Housing Update. So, I have a juicy week for you this week. Lots of interesting things to talk about. We are going to start with September numbers. So, in September of 2021 we sold 81 units and this September we sold 61 units. So, we're technically down 24% year over year. But what's notable is that this is our highest units sold in a month since June. We definitely felt a bit of a pickup coming out of the summer. So, that's I... [read more]

Hi, everyone! Welcome to this week's Halton Hills Housing Update. The numbers are really interesting this week and not in the direction that I thought they were going to go. Looking at last week's sales, Georgetown had 16 sales. That is a very big week for Georgetown and that's up from five last week.  Apparently, the buyers are out and ready to buy right now. Another interesting note is that we had 15 new listings. Last week we had 22 and this week we only had 15. So last week... [read more]

Hi, everyone! Welcome to this week's Halton Hills Housing Update. So, last week's numbers were very promising, but we are actually going in reverse here. Looking at last week's sales, Georgetown only had five sales. That is one of the lowest weeks of the year and is an insanely low number for Georgetown. We do have quite a bit in the sold conditional status but to only see five sales is not great news. Another notable number is our new inventory. We had 22 new listings in Georgetown... [read more]

Hi, everyone! Welcome to this week's Halton Hills housing update. So, we had a very big week last week. The numbers are super surprising, and I am really excited to see where this trend goes in the coming weeks. Looking at sales last week, we had 16 sales in Georgetown. That is our highest number since the start of July, since we have been sitting pretty consistently at 9 to 10 sales per week over the last two and a half months. I believe we had one spike, to 13 or 14, and that was about it... [read more]

Hi, everyone. Welcome to this week's Halton Hills Housing Update. I have August numbers to report today and they are pretty good. August of 2021, we sold 81 units. This past August, we are down 28% to 58 units sold. This is just supporting what's going on in this market. There's tons of stuff to buy and the buyers just aren't buying it so we are down significantly year over year. The better news is average price, we are still up. We're not up from the last few months but we... [read more]

Welcome to this week's Halton Hills Housing Update. Here's a quick market update about what happened last week in Halton Hills. In Georgetown, we had 14 sales, which is the highest number we've seen in a long time. It does feel like the market has sort of picked up. I mean, most of those sales were under 1.2 million. All of them were under 1.5 million, but things are moving. There was 16 new listings, so a high amount of new listings, but we did have 11 properties completely come... [read more]

Great news! Inventory is continuing to drop. This is going to hopefully stabilize us a bit. Looking at the numbers, Georgetown this week had 10 properties sell, which has been pretty consistent week to week. Interestingly, we had 12 new properties hit the market, so not a huge number. You'd think inventory would be up, but it's not. I'll touch on that later. Acton had one sale and three new listings. Glen Williams had no sales but two new listings. Limehouse, no sales, no... [read more]

I feel like I have a positive update this week, especially with where inventory went, so let's dive right in. In Georgetown this week, we had nine sales, which is pretty even with what we've been seeing on a weekly basis the last few weeks. We did have nine new listings, so even listings to sales, but what we saw this week was a lot of properties coming off of the market for whatever reason. They're kind of abandoning ship here on this market. Inventories actually down this week... [read more]

We have July's unofficial numbers but because of the long weekend, I think a few sales may still trickle in. Let's look at July and what happened last week. Taking a look at July of 2021, we sold 93 units and our average price was 1,000,079. I honestly thought we would be behind last year when I looked at this July's numbers, but we're actually up from last year, and we're up from June. In July of 2022, we sold 52 units, which is really bad. It's down 44% since last... [read more]

We had a terrible week with numbers, so we're gonna just take a look at this. In Georgetown this week, we only had six sales. That is a horrific number for Georgetown. The last time we had six sales was the last week of December, and we only had 12 available listings in Georgetown. There was basically nothing to buy, which is why sales were so low. Now we have 125 listings in Georgetown, so 10 times the amount of inventory. There's tons for people to buy, but they're not buying... [read more]

Not a great update this week. I was sort of in a promising state last week where I was hoping that we were seeing the start of inventory coming down, but that was not the case. Looking at the numbers, Georgetown this week only had nine sales, which is pretty low. Seeing under that 10 number is always not great. We had 21 new listings, so again, this is the big problem. Last week, it was so quiet, and I think it was just that last-week-of-summer situation that we were in. Interesting in terms of... [read more]

This week I have June's not great numbers to report as well as an interesting week in our sales, so let's take a look at the numbers. In June of 2021, we were in a very busy market. At that time, we sold 106 units. This past June we are down 28% to only 77 units. Why this is important and is showing what's going on in our market is based around active inventory. In June of 2021, we were sitting between 70 and 80 active units in all of Halton Hills in that month. It's... [read more]

The numbers are definitely still in favour of the buyers. It is not improving in terms of anything going backwards for the summer. In Georgetown this week, we had 10 properties sell & only one of them got over asking. Last week I made a comment that I felt like overasking was going to be something that’s sort of obsolete soon, and I think that’s definitely the case. The one that did get over asking was a $599 land value sort of situation and it only got 50,000 over asking. It... [read more]

The numbers this week are kind of back to the trend we were seeing but still a few silver linings to look at. In Georgetown this week we only had 11 sales which is not a very big week in terms of sales. Weirdly enough, two of them still got over asking. That number is gonna be something probably that becomes obsolete. I don't know when, but it feels like sooner than later. The bad news is there was 17 new listings in Georgetown last week. That means inventory is up. The numbers... [read more]

I think this week's update is pretty interesting. There's some changes that might be indicating that buyers are kind of past letting the dust settle here and might be thinking about reentering the market, so let's talk about the numbers. In Georgetown this week, we had 21 sales. I have been talking for weeks how we sort of stabilized there between 12 and 16. This is the first time since the middle of March that we have seen over 20 sales in a week in Georgetown. That means that... [read more]

Today is a doozy of an update. I have May numbers as well as some pretty crazy weekly numbers, so let's have a look. This is, I think, a really important conversation about our May numbers, because people are losing sight of where we've come from year over year. All they're thinking about is what they've lost since February and March, and they are still not thinking about the big picture. In May of 2021, we had 109 units sell, but our average price was 1,036,348. This year, May... [read more]

No real change this week. Inventory is continuing to just skyrocket. This week in Georgetown, we only had 12 sales. That is a pretty low number for Georgetown. We haven't been seeing a ton of sales overall considering how much we have available, but only 12 sales is very low. Weirdly enough, five of them got over asking. There is still stuff that's getting traction and moving, but overall, it's pretty dead in the water. The bad news: there was 26 new listings, so that is a huge gap.... [read more]

The story's remaining the same here with inventory continuing to climb. Sales are still sort of there, but they have definitely dropped off, so let's look at the numbers. In Georgetown this week, we had 18 properties sell, which is the highest number we've seen in quite some time. The last time we saw that many sales was in the middle of March, so maybe the market's going back. We had 18 sales, so it means some buyers are still there, but again, with some options, we're just... [read more]

Welcome to this week's Halton Hills Housing Update. We are just getting slammed with inventory. I cannot believe the numbers this week, so let's have a look. In Georgetown this week, we had 15 sales. Again, totally stabilizing on that number. It's like 14, 15, 16, the last four weeks, so we are really kind of at that this is how many houses we sell every week. Interestingly, 11 of them got over asking, so that's kind of a surprise to me, but there is a lot of stuff sitting. My... [read more]

Welcome to this weeks Halton hills housing update. So much interesting things happened this week, so let’s dive in. Georgetown this week had 16 sales. For the last 4-5 weeks we’ve been pretty consistent with our sales. We’ve been between 12-16 sales which really is indicating that that’s where our market should be in terms of sales every week, and we’ve really stabilized on that number. Another interesting point is that only 4 of those for over asking, so we are... [read more]

Welcome to this weeks Halton hills housing update. Today we are going to look at April’s unofficial numbers. There might be a few things that still trickle in, but the numbers are really interesting and showing major signs towards what we’ve been talking about & the fact that we’re leaving that sellers market. In April of 2021 we sold 147 units. In April of 2022 we sold 91 units, so that is down 38%. What’s more interesting is the months where we have been down units... [read more]

Welcome to this week's Halton Hills housing update. I said it last week, but we are officially leaving the crazy market that we were in. The numbers are pretty staggering. I'm still kind of in shock that this all happened so quickly, but let's take a look at what's happening. In Georgetown this week, we had 14 sales. Again, we've been talking about how this is a sign that the market's stabilizing, because we actually have things, like tons of things that you can buy, and... [read more]

Welcome to this week's Halton Hills housing update. We are definitely still in our transition out of our sellers market. The numbers are not as crazy this week, as they were last week, but, still lots to talk about. In Georgetown this week, we only had 11 sales. Like I mentioned last week, this is a big indicator of things changing, because, we were seeing really high sales, when we had inventory come on the market, because there were so many buyers, and everything would just be purchased,... [read more]

Welcome to this week's Halton Hills housing update. So I am in almost shock and disbelief at where the numbers are this week. We have seen a dramatic change in the last four weeks, and I think it is safe to say, we are officially leaving our sellers market, and transitioning, I think it's a buyer's market in some pockets right now. So this is a huge change, let's look at the numbers. In Georgetown this week, we had 16 sales. This is another interesting thing is, our... [read more]

Welcome to this week's Halton Hills Housing Update. So, lots to cover this week, including March numbers, so let's jump right in. In March of 2021, we sold 159 units, and this month, we are down to 119 units in March of 2022. So that's down 26%, huge drop in comparison. I mean, we still saw inventory struggles, especially the first half of March. So, no huge surprise. Looking at our average price though. In March of 2021, our average price was 1,142,000. This is unofficial, because... [read more]

Welcome to this week's Halton Hills housing update. So this was a big week, this week, again for inventory increasing, but also for properties that didn't have much success on offer night and had to readjust their strategy. So we'll look at all those things today. In Georgetown this week, we had 15 sales. 13 of them got over asking, so still lots of activity out there, but I was actually surprised to not see a higher sales number given that we had a bunch of new listings last week.... [read more]

Welcome to this week's Halton Hills Housing Update. So, we are still seeing the market moving pretty good. We are seeing a lot of new listings, but again with the backlog of buyers that we have, we are still seeing a ton of sales too. So let's look at the numbers. In Georgetown this week, we had 15 properties sell, all of them sold over asking. So there still is this demand. Again, things are sort of in this in between. We did see stuff terminate and come off, but it's kind of an in... [read more]

Welcome to this week's Halton Hills housing update. So really interesting update today, I think. Last week, we felt things changing, and I've got some interesting things to talk about today, in terms of relisting, adjusting prices, and everything that's been happening if a property is not getting what they were hoping. So let's look at the numbers. In Georgetown this week, we had 22 sales, which is a really high number, no surprise. There's been lots coming on. 20 of them... [read more]

Welcome to this week's Halton Hills housing update. So things are still slowly changing but I definitely think it's safe to say we are in a different kind of trend and trending in a different way than we have been. It's slight but I think it's happening, so let's take a look at the numbers. In Georgetown this week, we had 19 sales which is a great number for sales in Georgetown. It means that inventory is actually here and people have something to buy. 17 of them got over... [read more]

Welcome to this week's Halton Hills housing update. So I have February's unofficial numbers as well as what happened last week so let's dive in. In February of 2021 we sold 79 units and our average price was 1.117. This month we, in February of 2022, we sold 88 units. So that's up 11%. And that supports what I've been saying that our inventory is higher than it would normally be. So because there's things to buy our units that sold is up. No surprise there. In terms of... [read more]

Welcome to this week's Halton Hills Housing Update. So, I hope you had a great Family Day yesterday and the numbers are gonna be a bit skewed this week because offices were closed yesterday. So, some of the sales reporting is a little bit delayed but the numbers still are very favorable, in terms of indicating that the market is changing a bit. So, Georgetown this week, had 15 sales. 15 of them got over asking price. Couple of notables, this is almost comical to me. A house in Georgetown... [read more]

Welcome to this week's Halton Hills housing update. So we've got some good news in terms of inventory this week, so yay, but I anticipate it won't last too long but let's just take this week, 'cause it's actually really refreshing to see where the numbers are this week. So, in Georgetown this week we had 13 sales. 13 of them got over asking. Lots of them got between 200 and $400,000 over asking. I literally cannot wait for the day when I don't have to tell you that... [read more]

Welcome to this week's Halton Hills housing update. So the numbers that we are seeing are still staggering. So let's take a look. In Georgetown this week we had 16 sales, which is a really good number for Georgetown. That has everything to do with the fact that we actually are getting inventory for people to buy. I mean, if there was a unlimited inventory right now you know our sales would be 20, 30, 40 a week, but there's not a lot to buy. So it's still keeping the sales... [read more]

Welcome to this week's "Halton Hills Housing Update." So I have last week's numbers, but more notably, let's talk about our January-over-January numbers. We probably still have a sale or two that's gonna trickle in today that I'm not gonna capture in these numbers to have the official-official January numbers, but these are pretty close. So in January of 2021, we sold 50 units, and in January of 2022, we sold 49. So basically the same amount of units. We have had... [read more]

Welcome to this week's Halton Hills housing update. So the numbers are just getting like grosser. Is that even a word? I don't know, but like the numbers we're seeing are really crazy and it started that first week of January. And honestly, like it's not slowing down and some of the sales we reported this week are staggering. So let's look at what happened this week in Halton Hills. In Georgetown this week, we only had eight property sell, but let's talk about those... [read more]

  Welcome to this week's Halton Hills housing update. So what we're seeing right now is complete and total insanity. The prices are crazy. The showings are crazy. The offers are crazy. This is really setting us up for another wild year in real estate. So let's look at the numbers. In Georgetown this week, we had eight properties sell. Again, those numbers are staying pretty conservatively low because we have nothing for people to buy. Six of them sold over... [read more]

Welcome to this week's Halton Hills Housing Update. So we are less than two weeks into 2022 and the writing is on the wall, I think, that this year is going to somehow be worse than 2021. A lot of people think agents enjoy this kind of market, but I think I can speak for a lot of us when saying this is not fun. Our buyers are frustrated and it's a lot of work, and it's a lot to deal with. This market is just not giving up right now. Let's look at the numbers, but honestly, I... [read more]

  Here are my predictions for the 2022 real estate market. This time last year, I really thought that by the end of 2021 we would be in a more balanced market, but we ended the year in a worse spot than where we started. As it stands, I personally have dozens of buyers who are ready to pull the trigger and buy a home, but there is nothing for them to buy. And then it's getting into this vicious cycle of them not being able to list the homes they're currently in because... [read more]

Welcome to the first Halton Hills Housing Update of 2022. And this is my 100th episode of this market update, which I think is a bit crazy. I started this almost two years ago, and obviously, a lot has happened since then. So I just want to thank you for tuning in every week. I love doing this and I love the conversations that are had with the people that watch this. So thank you again for supporting me. 100 episodes, feels crazy. So second, Happy New Year. I hope you all had a great holiday.... [read more]