Real Talk Monthly Newsletter Michelle Lewthwaite, Remax 100
Thank you for joining me! This newsletter is my amazing tool to bring the most relevant and up-to-date information about the Cariboo Real Estate market right to your inbox! Enjoy & let me know how I can help!
Current Market Stats 100 Mile House
- December Market Breakdown -
15,13,17. These are the sales from the Decembers for 3 years running! To put it into prospective, we did see only 17 sales this past December, but it is right on par for what we have seen over the last few years. New Listings
There were 19 new listings on the market in the month of December. The month before saw 21 new listings come onto the market. Typically we don't see a ton of new homes listed on the market around the holiday season, so referring back to last December seeing only 16, we know that we are right on target with the Cariboo trend.
Days on the Market
Days on the market registered at 123 for the month of December. This number is high and is the highest dating back to December of 2015. I don't believe we can register too much worry based on the fact that the sales number was so low, the skew is just too large to register any kind of a trend.
$214,000 was the average sale price in December. This is telling us that finally the smaller homes or the vacant properties are finally selling. We have seen the large sales happen throughout the season and as our inventory depletes, even the small stuff is selling too.
A CALL FOR LISTINGS Due a very strong few years in the Cariboo Real Estate market we are facing a shortage of listings. BC Assessment released statistics of the just released 2019 assessments and the area of 100 Mile House has on average gone up 20% over last year. Prices throughout the residential and land markets have gone up do to the scarcity of supply and the high Buyer demand and therefore prices have had nowhere to go but up!
I would love to meet with you and discuss the possibility of getting your home onto the market and successfully achieving your Real Estate dreams!
The Local market is still productive and we are seeing Buyers move on properties quickly due to the low supply! Get in touch with me and we can discuss how we can easily value and sell your home!
New Year - Same Business
Happy New Year friends! I sure hope this season treated you well! Although there are major stresses and some tough times that do come along with this time of year, know that we have now jumped into 2019 and things can only go up from here!!
It seems as though everyone talks about the 'New Year' as a time to start fresh or as a time to 'be better'. Well, I'm taking a stand. 2018 was good and 2019 will be great, but it's going to be due to the fact that we try our hardest and do our best everyday and with practice, you always get better right!
So, onto making 2019 'Un-Believable' I am offering the same outstanding service I always have and will continue to collect new tools and new information to share with my clients. I am so excited to be in this business sharing and helping and can't wait to see you soon!
January 18 - Mens curling Bonspiel
January 19 - Re/Max Mens Hockey Tourney
January 23 - Free 'tots' Skating 9-10am
January 27 - Free Skating 1:15-2:45
January 30 - Free 'tots' Skating 9-10am
New to the Cariboo?
Have you checked out the Cariboo Family Enrichment Centre Downtown 100 Mile House? This is an excellent touchbase for new families to the community - drop in to learn about childcare options, community programs, events and social resources.
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