Market Update: September 2022

Wow The market continues to see some significant changes from the current ultra buyers market .


Let’s get in to the numbers:

Single family home results: – Average price of a Detached Home was just under $1.4M  –

Average price of a Semi-Detached home was just over $1M

Town homes average price was just over $900K

The Condo segment results: – Average sales price for September was just over $700K


Overall, Real estate should always be viewed  as a longer term investment … even if you are buying in a safer market, speculating  may leave you holding the bag  and losing your shirt  so be careful .