Spring Real Estate Market Arrives Early as Low Inventory Sparks Quick Sales in Multiple OffersPosted by Kerri-lyn Holland on
There’s only one way to describe Edmonton’s real estate market: it’s fast and furious.
It truly is a sellers market - so if you are thinking of waiting to list your home in the spring - don’t wait! Spring is already here. There is currently incredibly high demand for homes which is further complicated by extremely low inventory in the Edmonton market.
“There truly just aren’t enough homes on the market to satisfy the number of buyers we have looking, at all price points,” says Jason Holland of Holland and Associates.
“It means we have maybe 24-48 hours from the time a house hits the market, to show it and get an offer in. We’re seeing homes go above asking price because of multiple offers. We’ve even seen up to 6 or 7 multiple offers on a…
594 Views, 0 Comments