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Real Estate Insights: Days on Market in 2024
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0 Views • Sep 13, 2024 • Click to toggle off description
One key metric I always monitor closely is days on market*, and we've seen a notable shift recently across all areas of Toronto. Last month, the average days on market rose to 28, compared to just 20 days in 2023. That’s a significant jump! But here's something to keep in mind—many of these homes may have been *relisted several times, and that isn't factored into the data. Plus, in today's softer market, buyers have more flexibility to make conditional offers, which also extends the days on market. While a 28-day sale might seem lengthy, it’s actually a strong result in the current climate.

#TorontoRealEstate #DaysOnMarket #MarketShift #TorontoHome


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Join us every week on our podcast 'THE TORONTO REAL ESTATE SHOW' for expert insights and all things #TorontoRealEstate! 🔑🏙️ #TorontoHomes #RealEstatePodcast #DreamHomeToronto

Are you thinking about buying or selling in the GTA area?

Book your FREE consultation with me and I will help you through every step of the journey ⬇️

✉️ jenelle@jenellecameron.com / lesli@jenellecameron.com

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RYD date created : 2025-01-23T11:07:52.0245672Z
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