Lower inventory in the Port Credit real estate market over the third quarter of 2016 has resulted in 43% fewer sales as compared to the same time period last year. Statistics from The Toronto Real Estae Board reveal that demand is heading in the other direction though.
Properties sold after an average of 17 days on the market between July and September. Thats over over 60% faster than the 44 day average sale time during the third quarter of 2015.
The Port Credit Q3 2016 Market Update can be found here. If you have questions about finding your home along the GTA Lakeshore West please contact me. My inbox is always open!