Click me
Transcribed

Real Estate: Want to sell your house? This is the best time of the year to do it

5 Year GTA Analysis (2010-2014) Why is May the best time to sell a house? Over the past 5 years, homes sold for $18,650 higher in May than the calendar year average (Based on TREB data from 2010-2014) Homes in May Sell For Higher vs. Any Other Month MAY JANUARY ОСТОВER > ~$68,000 < ~$5,000 Least Expensive Month 2nd Most Expensive Month (Based on TREB data from 2010-2014) 5 Year Average Price For All Home Types ($ in Thousands) 600 $515,256 500 400 300 200 100 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOv DEC (Basod on TREB data from 2010-2014) MAY falls in spring - the season when homes sell the fastest 5 Year Average of Days on Market On averages, homes in spring sell in Just 21 days 21 SPRING (MARCH - MAY) SUMMER (JUNE - AUGUST) 31 26 FALL (SEPTEMBER - NOVEMBER) WINTER (DECEMBER - JANUARY) 28 (Based on TREB data from 2010-2014) MAY is the most active month among buyers, as more homes are sold during this month than any other time of the year Total Home Sales, Averaged Over 5 Years (8 in Thousands) 25 20,809 20 15 10 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOv DEC (Based on TREB data from 2010-2014) 5 Year Housing Price Increase $566,648 Since 2010, average home prices have gone up by nearly $522 K 30% $497 K $465 K $431 K '10 ןןי '12 3וי '14 (Based on TREB data from 2010-2014) Sell Your Home Without Paying The Seller's Commission You get a chance to save tons if you plan on buying within 6 MONTHS of selling You could be saving thousands by only paying 2.5% in commission instead of the typical 5%, when you sell one home and buy another at the same time, through TheRedPinOne. How Much Can You Save With TheRedPin One? CONDOS TOWNHOMES DETACHED SEMI-DETACHED $19,700 $14,000 $11,600 $9,300 (Based on TREB data from March 2015) Made By TheRedPin.com . 416.800.0812 "5 year home prices are based on statistics from the Toronto Real Estate Board, averaged between 2010 to 2014 *TheRedPin One Savings are basod on comparisons betwoen the standard 5% commission rate vs ThoRodPin One commission of 2.5%

Real Estate: Want to sell your house? This is the best time of the year to do it

shared by Hydertheredpin on May 06
36 views
0 shares
0 comments
While its long been a rule of thumb in real estate that spring is the industry's most active season - we decided to delve deeper and pick out the single best month for home sellers. After analyzing ...

Writer


Category

Business
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size