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Quinte MLS statistics December 2016

January 13, 2017 | Posted by: Craig Nickerson

On the residential side, number of listings are down and prices are up.   For properties at the lower end of the market (under $250K), there has been competing offers on almost every new listing in a good state of repair that is priced appropriately.   Mortgage rates might be slowly increasing but are still well below 3%.  The true definition of a seller's market.   If you are thinking of listing in 2017, it might be worth considering getting your property on the market right now while there is very little competition as the buyers are still out there!

 

 December 2016 Quinte MLS statistics

 

#sellersmarket   #mortgagepreapproval #quintemls

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