The Rocca Sisters Blog

After a year of ups and downs, Aldershot managed to hold onto one of the highest year over year increases in value in all of Burlington. By year end, Aldershot saw a 19% increase in average sale prices of freehold properties as compared to the same period last year. Sales were down only 3% and it was taking pretty much the same amount of time to sell.

Inventory levels at the start of the year were very low, under 25 freehold homes which suggests that we are in a very balanced market that is once again leaning in favour of the seller. Much of the existing inventory has been on the market for over 60 days suggesting that most properties are either over-priced or very unique.

Condos have also had an incredibly good year with a 15% increase in sale prices and an increase in sales of 19%. We have seen a huge investment in condo development in Aldershot so we expect those numbers to continue to rise.

There is absolutely no shortage of buyers looking to make Aldershot their home. If you are considering listing your home this Spring, the key to a successful sale will be pricing a property sharply, preparing the house so that it is as close to turnkey as possible and knowing when to buy first or sell first. It will be more important than ever for buyers and sellers to look to highly experienced and resourceful sales representatives once the decision to sell or buy is made.