DundasProperties.com Real Estate Services
Accurate Honest Information
DundasProperties.com Real Estate Services
Accurate Honest Information
DUNDAS REAL ESTATE MARKET STATISTICS
Sales Statistics
NOVEMBER SALES STATISTICS
Number of Sales = 27
Average Sale Price = $826,453
Median Sale Price = $800,889
Average List Price = $801,593
OCTOBER SALES STATISTICS
Number of Sales = 34
Average Sale Price = $723,790
Median Sale Price = $705,500
Average List Price = $710,192
WHAT IS FUELING THE DUNDAS MARKET
WHEN Covid hit earlier this year and we went into lock down who could have predicted a booming Real Estate Market. Yes there were a couple of lean months however activity picked up and made up ground quickly. So much so that new records are being set.
We finally had the opportunity to put technology to work and have proved that people do not have to spend four hours a day in traffic commuting into an office five days a week. Remote working and travel restrictions ignited the desire for Buyer's to seek larger homes with yards as life began to revolve around the home. This combination of factors fueled the markets surrounding the GTA.
Lack of supply and low interest rates benefited Seller's with multiple offers becoming the norm once again.
The question is with a Vaccine in the works, and about to be administered in a matter of days in some parts of the World, will that have an affect on the Real Estate Market? Coupled with the potential of a Foreign Buyer's Tax levied by the Federal Government ?
I am predicting that things will get back to normal very fast and the Real Estate Market will continue to remain active. So hold onto your reigns as 2021 may be a wild ride.
For a FREE E- MARKET ACTIVITY REPORT of you neighbourhood Send a request to dz@remaxcentre.ca
NO OBLIGATION , NO COST
HISTORIC DUNDAS
King Street West Location
Located on King Street West in the Historic Town of Dundas this Income property grosses over $46,000 per year with the potential to generate further income. Currently set up as a main floor commercial ( professional restaurant) unit with a second floor residential apartment. The second floor could be rented out as a commercial unit and would make a perfect office or studio that would accommodate a wide spectrum of businesses. Perfect for an Owner Operator. There is a private driveway and back yard with a storage unit/shed. Seller may assist with financing. For an email package Email dz@remaxcentre.ca , David Zalepa, Sales Representative REMAX Real Estate Centre. DIRECT 905-570-2054 Listed $799,900