One of the most frequently asked question this time of the year is when should a seller list put their home on the market? The answer is , it all depends. Factors to be considered are

1)    Does your Mississauga home cater to singles or couples?

2)    Would your home be suited for families with school age children? Is it a detached, semi-detached or town home in Mississauga?

If you own a condominium, generally speaking, condo sales are steady throughout the year. Of course, depending on supply and demand, if there is limited inventory in your neighbourhood, now would be good time to be in the market. The condo market in Mississauga has been quite steady for 2007.

If your own a detached, semi detached or a town home in Mississauga, the spring is the ideal time for sellers to list their home. The spring market is typically the busiest and the best time of the year. Inventory levels are high and demand is usually quite high. The spring market usually starts in February and ends in early July. Buyers purchase in the spring and close in late spring or early summer so they can familiarize themselves with their new neighbourhood prior to the start of the school year.

According to the Toronto Real Estate Board statistics, May 2007 set a new all time record with the highest inventory of homes ever recorded.

If you are thinking of selling this year, now is the time to get ready for the spring market. Be the first one in your area to be on the market. Let's get started by having a pre sale consultation so if there are significant work to be done before listing your home, it can be completed before the end of January.

For Homes for Sale in Mississauga, Brampton and Oakville see Sell My Home in Mississauga Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site

 

 

2 Comments on When is the Right Time to List your Mississauga Home?

JAN
13
2008
145,540 Points 9 Featured Posts

Great advice Gail.  Now is the time for that pre-sale consultation.  Including a home stager in that process is also a good practice.  I'm not sure about the market in Mississauga, but I know that the Realtors® Association of Hamilton-Burlington has just announced that 2008 is going to be a seller's market! 

4:14pm • #1
Charlene- It is good to know it will be a seller's market. We always do home staging for every home we list.
5:56pm • #2


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Gail Reeves Reid

Mississauga, ON

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Keller Williams Real Estate Brokerage

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