How was the market in January '14
The year is off to a good start! 5 lofts traded hands in January. The sale prices ranged from a studio at $260,000 to a 2 bedroom, 2 bathroom at $650,000.
There are currently 20 lofts for sale in Gastown that range from $275,000 to a heritage beauty listed for $1,688,800. Inventory for mid range lofts in the $500,000 - $700,000 range is very low so I expect to see some of those come on the market soon and get bought up very quickly.
The average days on the market for January was only 2 weeks! For the most recent lofts for sale click here. Check back daily so you don't miss out!
BUYERS: If you're considering a purchase you need to make sure you have all your ducks in a row so you can pounce on the right property when it hits the market.
Also, if you aren't seeing anything you like there's a way to change that! Contact me to find out how.
SELLERS: Is now the right time to get your property on the market? The answer is different for everyone, please contact me to learn a little more about the market and what the best strategy and options are for you.
Talk to you soon and be good!