Last week we looked at year-on-year (YoY) percent changes in sold listing volumes and the corresponding sold prices.
This week, while looking at COVID-19’s impact on listing prices, we found something exciting!
First, residential and condo listings in every municipality (except Dufferin) were up to 30% higher than 2019 prices as compared to the same time last year.
What’s fascinating is that even though every municipality experienced a 10-20% dip in list price between the 4th week of March and the 2nd week of April – residential list prices have already rebounded.
Below you’ll find the YoY percent change across listing prices you can share with your clients and leads.
The future is still a big unknown, and things will continue to change, but we will keep analyzing the data so you can try to make things a little better for your leads and clients.
Stay safe, and we hope this makes things a little better for you.