Year End & Q4 2021 Market Report

 

Year End & Q4 2021 Market Report  All in all, it was a good year in Real Estate with price increases across the board. Lakefronts along the lake north of Grand Bend had similar listing and sales number year over year whereas second rows in this geographic area saw double the number of listings this year vs last with only 2 more sales year over year. You also saw the most significant price increase north of Grand Bend along the lake, nearly 76%, due to more higher end homes or fixed up cottages sell rather than the more traditional cottage seen in years past. In Grand Bend listing inventory was down year over year but up this quarter while sales were down both on the year and the quarter. A strong market with high demand and limited inventory lead to a 40% increase in value. In the Port Franks market, it was a stable market with slightly more inventory on the market this year over last year with sales remaining just under 2020 numbers with a 35% increase in value year over year. If your thinking about selling, give us a call and lets get your home ready for the spring market! Call The PEDLAR Team today for all your real estate needs at 519-238-5700! Happy New Year everyone! Social Media   Have a great day everyone and don't forget to check out our social media sites like youtube, facebook, twitter and our website to stay up to date on all the latest listings. You can find the links to these various social media outlets above our information below. See the benefits of using a high quality drone and camera for videos and pictures to add content to each listing. GIVE US A LIKE ON OUR FACEBOOK PAGE BY CLICKING THE ICON BELOW! We love to hear about your experience with The PEDLAR Team so please feel free to head to our facebook page and leave a review. Click the link to leave a review: https://www.facebook.com/thepedlarteam/reviews/

If you or any of your friends and family are looking to buy or sell make sure to call us first! Referrals are the greatest compliment Check our website out by clicking the link below http://www.grandbendrealestate.com  Doug Pedlar      Mark Pedlar     Garrett Pedlar      Broker of Record                         Broker                        Sales Representative   519-902-4099    519-670-0746     519-872-0910  remaxdoug@hay.net           remaxmark@hay.net          remaxgarrett@hay.net