Buyers & Sellers • 9 September 2024

Market Update

by CENTURY 21 Excalibur Realty Inc. Brokerage

Centre Wellington Housing Market Update: A Surge in Listings and Sales

The Centre Wellington real estate market has been bustling recently, and it’s an exciting time for both buyers and sellers. Here’s a comprehensive update on the latest market trends:

Current Inventory and New Listings

As of now, there are 158 homes available for sale in Centre Wellington. In a remarkable shift, the past two weeks have seen a substantial influx of 46 new listings. This increase signifies a lively and competitive market, providing a variety of options for prospective buyers.

Sales Performance

Out of the 46 newly listed homes, 13 have already been sold. This strong sales activity highlights a robust demand and a dynamic real estate environment.

Median Sale Price and Market Dynamics

The median sale price for homes in Centre Wellington stands at $825,000. This figure reflects the current market value and offers insight into the pricing trends in the area. Additionally, homes are selling relatively quickly, with the average days on the market currently at just 27 days.

This combination of new listings, swift sales, and competitive pricing paints a picture of a vibrant and active housing market. Whether you’re considering buying or selling, staying informed on these trends can help you make the best decisions in this evolving market.

Keep an eye on our blog for more updates and insights into the Centre Wellington real estate landscape!

Happy house hunting!

CENTURY 21 Excalibur Realty Inc. Brokerage

INFO & SERVICES

CENTURY 21 Excalibur Realty Inc. Brokerage

645 St David St N, Fergus, ON N1M2K6

(519) 787-1780

INFO & SERVICES

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