b-LOG: 2014 Market Summary
In large part, 2014 was another year of relative predictability in St.Catharines. In general, we saw modest gains in nearly all areas of the city with only a few spots showing negative growth.
Statistics being statistics though should always be taken with a grain of salt. A bit example of that is Port Dalhousie west of Corbett (a.k.a. Cole Farm). With sales volume in the single digits on an annual basis, 1 sale can change up the annual averages so really, looking at larger samples is always best.
We also found an interesting trend in monthly sales totals. Several areas of the city showed lower sales volume but higher sale prices in January & February with the numbers falling gently as we moved into the warmer months. Supply and demand is something that is so often overlooked in this business. While grey, cold and uninspiring, February has historically been a stronger month to sell versus April in many areas of the city. True story!
So, have a look at the information below and please feel free to contact us should you have any questions. And of course if you would like a more specific report tailored to your home, we are only ever a phone call, text or email away!
So there you have it. Hopefully you have found this info helpful. Again, to discuss this, your home or life in general, don’t hesitate to reach out and contact us. We would love to hear from you!
Thank-you for visiting.