Lower Seasonal fall unit sales a worry for Ottawa sellers

Published 29 September 14 10:56 AM | Gord McCormick 

As the leaves fall, so does the number of potential buyers-get it sold now!

 

We still have a few weeks of good fall selling season ahead of us but these are dwindling quickly and we are already almost half way through the strongest portion of fall sales. 

 

Sept-Oct sales already 36% lower seasonally than busy spring season!

Sellers should be aware that though business is steady in September and October the rate of sale is far below what we experience in the busier spring and summer market.  The average number of unit sales is 36% higher in April-June than we can expect in September and October.

The number of unit sales in September and October is similar, although both months are typically 10-12% lower in unit sales than the month of August.

Things get worse after the end of October with the # of sales dropping by 13% from Oct to November and a whopping 32% from November to December.

 

So sellers really must do whatever it takes to get a deal in October if at all possible, particularly this year where we are burdened with a slowing/flat market and a great deal of listing inventory. (Plus some of the best builder incentives on new construction homes that we have seen in the last 10-15 years!)

 

October listing deal

See our facebook page at https://www.facebook.com/pages/Oasis-Realty-Brokerage-Ottawa/209265863918  for a special limited time offer that helped our most recent seller *save over $12,000 in commission and HST while getting their property sold in only 15 days via our full service listing program!

* compared to typical 5% real estate fees/commissions.

Not intended to solicit those with existing representation agreements

 

If you are looking to buy &/or sell this Fall, please feel free to give us a call and we would be happy to review your specific requirements and discuss a strategy for you. 613-435-4692

 

Gord McCormick, Broker of Record

Dawn Davey, Broker

Oasis Realty Brokerage

613-435-4692

oasisrealty@rogers.com

www.oasisrealtyottawa.com

 

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