The real estate market in the Fox Hollow neighbourhood in North London is a seller’s market. The inventory of houses and condos listed for sale is low to zero, and if able, this may be the time to take advantage of the large numbers of pent-up buyers currently competing to purchase.
- In 2021, 207 freehold houses sold through MLS in the Fox Hollow area in North West London, averaging 13 days on the market selling for 106.51% of the asking price, the lowest being $630,000, the highest $1,499,900.
- 47 townhouse condos & town homes sold as well, taking a median 14 days on the market and selling for 108.49% of the asking price,the lowest being $525000, the highest,$825,400.
You can see by the 2021 numbers above that results do not lie!
There are several reasons to consider selling your home within the next few months. First, the convenience of selling within seven to ten days makes the process less burdensome, and 99.9% of buyers are pre-qualified for financing. Buyers are also more flexible about a closing date to accommodate the seller’s preferred timing. Of course, a well-priced house or condo will generate multiple offers that typically net the highest price for you.
Don’t wait for the right opportunity; create it.