Welcome back! Summer is officially behind us, the kids are back in school, and we’ve kicked off the fall real estate market. Let’s take a look at what happened toward the end of summer in Clanton Park and Bathurst Manor.
Clanton Park – August Numbers
- 18 active listings
- 4 sales
- 4.5 months of inventory – a steady, balanced market
- 18 days on market (average)
- 95% of list price achieved
- Average sale price: $1.8M (with only 4 sales, this number depends heavily on which homes sold)
What stands out here is that homes are taking a little longer to sell, and buyers aren’t paying full list. Instead, we’re seeing properties close at about 95% of asking price. The days of intense bidding wars are behind us—for now.
Bathurst Manor – August Numbers
- 23 active listings
- 5 sales
- Just over 4.5 months of inventory
- 26 days on market (average)
- 96% of list price achieved
- Average sale price: just under $1.4M
Similar story here: slightly longer time on market, homes selling below list, and an average price influenced by a few lower-priced sales.
What It Means for Buyers & Sellers
- Buyers want to feel like they’re getting a deal. That’s why we’re seeing homes sell below asking. The takeaway? Pricing is critical.
- Sellers need to prepare their homes properly. Presentation matters—staging, photography, and making the home shine are more important than ever.
- The market is stable as we head into September. Inventory is building, buyers are out looking, and traffic on listings has been solid.
We’ve also got an interest rate announcement coming up in a couple of weeks, which could influence activity, so I’ll be keeping a close eye on that.
Whether you’re thinking about buying, selling, or just curious about what’s happening, reach out. I’m seeing a lot of off-market opportunities right now, which could be a great fit depending on your goals.
And before I wrap up, a huge thank you to everyone who came out to our annual Ice Cream Day on Labour Day! We served about 500 people, which is amazing. It was such a great day, and I’m already looking forward to next year.
Here’s to a great September! Talk soon, and I’ll be back with the next update in October.