March 2018- York Region Market Report Infographic - Sales x DOM x S/L Ratio

March 2018 York Region Real Estate

Balanced buyers’ market, sellers beginning to adapt

We are seeing a decreasing-price environment, but an increasing absorption rate due to spring-market demand, and higher levels of inventory turnover.

We can see a relatively clear and typical correlation between sales, days on market, and sale to list ratio in all areas of York Region, with higher-priced, luxury market areas taking longer to sell, and sale-to-list price ratios are returning to normal levels, where negotiation can be seen in the market. Days on market are slowing in general, properties in York Region are taking longer to sell than they did last year