Ben Truscott Real Estate Report - February 2021
Just when I thought nothing could surprise me anymore, February hit the real estate market like a hammer.
This last month saw unbelievable activity with townhomes and single family homes shooting up faster than I've ever seen before. Just this last month or two homes are selling for anywhere from $50,000 to $200,000 more than they previously were, with large lots that have subdivision potential or homes with a basement suite being worth the most right now.
There are currently less listings on the market than there were homes sold this month which means the market conditions favor the seller more than any other time that I'm aware of.
Give me a call or text at 604-798-3960 if you ever have more questions about the market conditions.
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