Toronto Real Estate with Mulholland | Ross

When is the Best Time to Sell a Home in Toronto?

Some feel spring is always the best time, others will tell you summer or fall – funny how many assume that winter might be the worst time. 

We believe that the best time to sell your home…is when you’re ready.

Statistically, the average sale prices in the Greater Toronto Area tend to rise from March through to about July. In 2009 we witnessed sale prices dropping through spring yet rising from July right through winter and continuing to rise as we write this post.

One of the most important barometers to watch is the  inventory around your home. If there are many  homes for sale you can bet the buyers will have some options and that may effect your price. If there aren’t many homes for sale in your area, there just might be some pent up demand and you could end up with buyers bidding for your home – regardless of the season.

A little piece of advice; if you’re not sure when you’re selling, be sure to get some wide garden and patio photos this summer. Just in case it is February and a snow storm when you discover ‘You Are Ready to Sell’.

Any questions about values in your area? Ask them here or give us a call 416-230-8500 | email ora@realestatetoronto.com

Tags: "north york", "toronto homes", how to sell

This entry was posted on Tuesday, February 2nd, 2010 at 6:10 pm and is filed under HOWS THE MARKET, SELLING INFORMATION. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. ora said at February 6th, 2010 at 11:02 pm

   This winter has been once of the hottest markets we can remember!

Leave a Reply