We used Penny as our real estate agent 11 years ago to buy our first home. When the time came to sell that home we didn't hesitate to call Penny as our agent. She is always helpful in explaining everything and making sure we understood. She would tell us her professional opinion but wouldn't push her ideas on us. Penny always kept us in the loop with what was happening and she answered all of our messages within the half hour. I would not hesitate to use Penny as an agent again or recommend our friends and family to her.
RE/MAX Escarpment agents consistently outperform the local industry norm on many levels, including the average number of unit sales. In 2021, RE/MAX Escarpment agents closed an average of 2.1 times more transactions per person than our closest competitor, and 4.1 times more than the average at our local real estate board.
During this time period, our agents helped over 14,834 individuals and families find their new homes. The trust and confidence they have placed in our company is truly a testament to the commitment of our agents to helping clients have the most positive real estate experience possible.
Comparing our numbers to the anomaly year of 2021 seems counterproductive. However, RE/MAX Escarpment outperformed month-to-month compared to our trading area by 8%. The number to really take note of is month-over-month, which illustrates a trend which is happening in the market. The proverbial spring market has been extended due to weather, mortgage rates, and economic uncertainty. Our month-over-month sale numbers at RE/MAX Escarpment and Niagara have out paced our trading areas by 13% and 3% respectively. Proving that consumers chose us over the competition to navigate through a changing market.
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Appointments are up +4.7% over last week, with a total of 3,487 appointments booked. Although we are down -31.5% compared to the same time frame last year, if you compare the number of appointments to pre-pandemic 2019 - we are up 13%.
The appointment/sold index has inched up to 16.0 as buyers start re-entering the market and more inventory becomes available.
In Hamilton, we saw a slight shuffle in popular price ranges but remained in the mid-high range. In Halton, we saw a wide variety of price ranges in the top 5 - spanning from $350k to $2M+. Niagara saw a slight shuffle as well but remained in the mid-high ranges.