When Does The Spring Real Estate Market Actually Begin?

By on April 10, 2010 in Condos/Lofts, Houses with 0 Comments

When Does The Spring Real Estate Market Begin? Photo

     The answer to the above question depends largely on who you’re asking.  Speaking as a Realtor I’d say that the spring market actually starts as early as January.  Granted, the number of listings and sales this early in the year aren’t going to match the level of activity we see in March, April, May,…  None-the-less there’s activity in January and it’s certainly the start of a market that will grow over the coming months. 

Many feel that the spring market doesn’t really begin until the month of March.  There’s some truth to this in the sense that March is generally when we start to see signs of warmer weather and buyers are more apt to tour the neighbourhood for open houses.  

March is a little tricky though, as a number of buyers, sellers and realtors aren’t fully participating due to commitments associated with “March Break”.  At least those with families anyway.

I would suggest that the safest bet is to consider the week after Easter Weekend as the full fledged beginning of the spring real estate market.  A number of sellers wait specifically until after Easter to put their property on the market.  And a number of buyers wait until then to kick their search into high gear. 

This past week’s market statistics do much to support this notion.  Monday through Friday we saw 341 new listings (condos, lofts, and houses) hit the market in TREB districts C01 and C08 (east of Dufferin / south of Bloor / west of the DVP).  Compare this to only 190 new listings from the Monday through Friday the week before.

Regardless of when the spring market actually starts, we’re at mid-April now and things are movin’ & shakin’.  And they’ll remain so for the coming months.  Then what?  The summer market of course!  When does that start?  Well……

If you’re thinking of making a move and would like to know how I can help, feel free to contact me for more info.

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