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As the hottest real estate market, Bennabi’s market is also showing signs of cooling, but it is still crazy.
According to local real estate agents, the phenomenon of 40-50 buyers bidding for a house at the same time in March has been much more moderate than in April.
With the increase in the number of new listings and buyers tired of frenzied bidding, the number of multiple bids compared to a home is currently only 4-5, a sharp drop of 10 times.
But from the industry’s point of view, this is still quite high compared with the historical long-term data in the past.
From the perspective of recent housing transactions, the phenomenon of price increases snapping up houses is still quite common, but there is also room for bargaining in individual houses.
Deluxe detached house near Deer Lake in the south of Bennabi: 5340 SPERLING AVENUE.
The asking price is 2.89 million and the price is 2.76 million, a decrease of 130000, but it is only available for sale for seven days.
A detached house in the north of Bennaby, 7438 PANDORA DRIVE.
The asking price is 2.258 million, the price is 2.178 million, a decrease of 80, 000, and the sale has been closed for nearly a month.
Bennabi North District detached House, 1310 FELL AVENUE.
The asking price is 1.799 million, the price is 1.7 million, a decrease of 99000, and the deal is closed in 8 days.
However, this kind of price negotiation is still not in the majority, and a considerable number of houses are being sold at higher prices.
Bennabi South detached House, 4264 ATLEE AVENUE.
A 53-year-old independent house with an asking price of 1.788 million and a price of 1.85 million for 8 days.
North District detached House 8022 BURNLAKE DRIVE.
The house is 42 years old, the asking price is 1.838 million, the price is 2.1 million, the waiting time is 8 days, and the price increase is 260000.
Closer to the 45-year-old detached house in Vancouver, 4430 GEORGIA STREET.
The asking price is 1.488 million, the price is 1.9 million, and the price increase is 420000.
Statistics show that in April, Bennabi sold 160 independent houses, 124 townhouses and 371 apartments.
However, the number of listings is still low, with 337 new independent houses, 183 townhouses and 491 apartments.
From the perspective of supply and demand, townhouses are still the most in demand.