March 2019 Georgina Real Estate Market Report
Thursday Apr 18th, 2019
If I were to summarize March, 2019 in a word, it would be "uncommunicative."
I've been trying to derive some conclusions from all of the information we've got about the month, but the only conclusion I can draw is that the spring market likely isn't here yet, and if it is here, it sucks. Here are the major takeaways I've got from March, let's hope that this was all just a result of our extended dance with old-man winter:
- All but one price metric have moved down: average; median; price ceiling
- The price floor moved up: this could mean that first-time homebuyers and investors are leading the charge in the spring market, a trend that I'd honestly love to see continue as a theme for 2019.