How is the Rural South market doing?

Here is a brief market update for some of the rural communities just outside of Ottawa. It is not intended to be all inclusive, but it does give you an idea as to market activity. If you want more information, give us a quick call at 613-897-6839 and we can give you up to the minute details about the exact area that you live in including numbers on the market today and recent sales.

As a general summary for the past year, certainly based on our team’s experience, we didn’t see the drop that many agents experienced and when you average out the board’s stats for the year they are quite reasonable.

It is worth noting that the listing inventory trended higher all year, showing signs of tapering off in October. This is very important if you are thinking about selling this year. You don’t want to wait until the market is flooded with competitors. Once there are too many homes for sale we are in a buyer’s market and they have lots of homes to choose from and prices generally drop as sellers compete for those few buyers. Now is a good time to list as inventory is low and you will have fewer competitors.

Below are some sample areas and the number of home sold in 2015 compared to 2014 and the per cent increase or decrease in sales in 2015 to 2014: If you don’t see your area, call us at 613-897-6839 or email us at beardslyteam@outlook.com.

Metcalfe: 42 sales (2015)/18 sales (2014) +133.3%             Russell: 90 sales/71 sales +26.8%

Osgoode 47 sales/51 sales -7.8%                                             Winchester: 38 sales/31 sales +22.6%

Greely: 125 sales/116 sales +7.8%                                         Kemptville (Town only) 63 sales/67 -6%

Chesterville 18 sales/20 sales -10%                                       Kptville(district) 151 sales/128 sales +14.2%

We are looking forward to answering any questions that you might have. Please visit our web site at www.beardsleyteam.ca where you will find a lot of additional information on our team as well as up-to-date client testimonials. If you have friends, neighbors or relatives who are thinking about buying or selling this year, please give our names to them. We promise that we will give them the same high quality professional service.

For information: www.beardsleyteam.ca

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beardk

A real estate team that puts the clients interests first. They "Set the Gold Standard for Customer Service". Over 20 years of combined experience serving the greater Ottawa region including the many rural communities that surround the city. We love living in the country and from our residential real estate office in Metcalfe we can reach all parts of the city of Ottawa and the rural areas between Ottawa and the St Lawrence. Our main web site is www.BeardsleyTeam.ca and our Facebook page is Ottawa Country Homes and Lifestyle.