Happy Holidays!
It has certainly been a busy and unusual year! Our family welcomed our third child in April, during the first lockdown we had in the pandemic. Subsequently, I launched Stellar Realty Group in August, along with transferring brokerages to Keller Williams Neighbourhood Realty. Despite all the stress and uncertainty the pandemic has caused locally and globally, this has been a record breaking year for my business. I want to thank my friends, family and clients for your on going support! I truly could not have done this without you. We can certainly say these have been unprecedented times and that we are hopeful that 2021 will bring us back to our normal day to day lives. Wishing you all peace, health, happiness and prosperity over the holidays and in the new year!
2020 Market Update
This year has been full of many uncertainties, and one that was not anticipated was the demand for freehold housing that was caused by the pandemic. Sales were up 24.3% and the average selling price of all home types was up 13.3% year over year from last November. With the new protocol of working from home, we are seeing lots of buyers wanting larger spaces and not needing to be as close to their workplace. That being coupled with extremely low interest rates, has created a huge influx of buyers in the freehold space. In contrast to the single family segment, we are seeing a much different picture with the condominium market. The number of new condominium listings nearly doubled from November 2019, which has translated into a small price decline. We anticipate this will be short lived once this pandemic is under control and travel resumes.
Featured Local Artist
It’s been a tough year for our local businesses and I hope that we can continue doing our part in trying to support them as much as we can! Hopefully, these businesses will be able to resume their usual day to day operations soon with the recent approval of the vaccine.
I’d like to thank Paul Publow, who is a local artist, for providing me with custom artwork as staging pieces for all my listings. These custom pieces not only enhance the overall look of the seller's home but they are tailored to compliment the style of their current furnishings. You can visit Paul's social media account at @pub.zz to check out his latest pieces that are currently for sale. He also offers consultations if you’d like a piece commissioned for an area in your home. Take a look below at a few of the staging pieces featured in my listings!
Have a wonderful holiday season!
Ashleigh Thibideau