Have you been sitting on the fence about buying a home this year? Did the very high prices that we witnessed in the Spring discourage you? I have good news for you.
1. Sales Prices Have Dropped Significantly
You can now buy a single family home for much less. In fact, you can now buy the same kind of home for more than $50,000 LESS than you would have paid back in April 2022.
Average single family homes prices in April 2022 was $501,801 compared to $451.734 in August 2022.
2. You Have More Choice
Frankly back in the Spring and early Summer almost all homes were getting snapped up and there was an extreme shortage of homes for sale. As I write this blog there is over 500 MORE single family homes for sale when compared to August 2021. The actual number of single family homes for sale exceeds 3700 and there is also over 2400 condos for sale too.
You now have the joy of making your new home selection from a wider array of listings when compared to those buyers that purchased in the Spring
3. You Can Beat the Colder Weather
Who wants to move when it’s snowing?
If you buy in September and take possession in October or November, you may very well beat the snow. This will make your move much more comfortable, and it will be safer too.
To shop for ALL homes in the metro Edmonton area please go to our website www.AmbergateHomes.ca.
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