September 2024 Market Report September...the month of transition! The final shakeout of the summer market and transition to the fall market. An $8.3k decline in the month-over-month Avg. Sale price, now sitting at $579,290. A 9% decline in sales. Listings have increased by 167, though this includes relisted homes.
Here are just some factors and concerns for September's slowdown that have been voiced in conversation: - Beginning of school year. - Many have just returned from summer vacation. - Waiting to get back into fall routine. - Interest rate cut announcement. - Waiting on future anticipated rate cuts. - US elections (impacting our economic outlook). - Potential call for an early Canadian Federal election.
With 2 more B of C rate cuts upon us, amongst other things, the feeling for Q4 is optimistic. Will October see a reversal of the current trend and maintain a slow and steady climb?
Have questions? Let’s talk… it all starts with a conversation!
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| Are you in the market for a new home or looking to refinance your current mortgage? Look no further! Our team of experts can help you access the top mortgage rates and products available, so you can find the best deal for your unique situation. Don't wait, contact us today to start the process and take the first step to finding your dream home!
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This Month's Recipe: Apple Crumble As the leaves begin to change and the air turns crisp, it's the perfect time to embrace the flavors of the season. This month, we're featuring a classic dessert that’s sure to warm your heart: Apple Crumble. With apples in peak season here in Ontario, this comforting treat is a great way to celebrate the bounty of fall. Plus, with Thanksgiving just around the corner, it’s a wonderful dish to share with family and friends. Cozy up with a serving of this delicious crumble, and enjoy the taste of autumn!
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| 4817 Barcelona Crst. Don't miss the chance to own this move-in-ready family home in the most sought-after area of South Windsor! This home is one-of-a-kind as it was specially designed to offer a more comfortable and spacious living experience. Boasting 4 bedrooms w/ generous primary, 3 full baths, updated ensuite('23), expanded kitchen with loads of cabinetry and stainless steel appliances('23), an abundance of natural light, full dining & living room; finished basement w/ grade entrance (potential for in-law suite).
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| 1097 Marentette Ave. This enchanting home is situated in the heart of Windsor's Little Italy. Just steps away from Erie Street- offering vibrant shops, markets, gym, & many fantastic restaurants. This 1 3/4 story home exudes timeless elegance in every room, original trim, doors & dark hardwood floors. Updated kitchen with stone countertops with lots of natural light. Enjoy hosting dinner parties in large open kitchen to dining room with views of the backyard. This property includes 3 spacious bedrooms and 2 full baths.
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| 38 York Blvd. Extraordinary custom-designed 3600sf modern 2 sty farmhouse is the newest creation to be built by luxury renowned home builder, Wescon Builders. Meticulously designed with endless amounts of detail & upgrades throughout. Every aspect of this residence will showcase unparalleled function, craftsmanship & luxurious features.
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| 1983 Ethan Crt. Welcome to this beautiful end-unit townhouse, built in 2020 and originally designed as a model home. The open-concept main floor living area boasts upscale modern finishes, including beautiful engineered hardwood and ceramic flooring. The kitchen is a true centerpiece, featuring stone countertops, custom cabinetry, a sit-up bar, and premium appliances—perfect for casual meals or entertaining.
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| 2553 Armstrong Ave. A warm welcome to the quiet neighbourhood and coziness of 2553 Armstrong in the heart of Fountanbleu! This charming 3 bed, 2 bath, full-brick, finished 3 level side-split, boasts loads of updates for peace of mind living & enjoyment. Roof (2018), sump pump pit & check valve (2018), finished lower level including insulation (2020), furnace/AC/on-demand-hot water (2021), front concrete porch (2021).
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| ⭐⭐⭐⭐⭐ "Synergy Real Estate Group worked with my husband and myself for two years to find our first home. With the national housing crisis presenting as one of Canada's greatest social and economic challenges, we started losing hope. Shout out to our real estate agent, Jessica Charlton, that encouraged us to keep looking and dedicated so much of her time to helping us find our dream home. We are truly so grateful for this amazing team of experts that worked together to make our dreams of owning a home come true. I highly recommend Synergy Real Estate Group; specifically, Jessica. Thank you again for everything you have done for us!"
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