Stratford Ontario is an unassuming market. It’s just a sleepy little community, isn’t it? Stratford has always been off many people’s radar, but with the explosion of Toronto and Kitchener Waterloo prices Stratford has suddenly found itself as the focus of a lot of attention. With Stratford having so much to offer as a small town, we who live here understand the draw. There is the Stratford Tourism or Stratford Shakespeare Festival available to those of your who haven’t ventured to see what Stratford has to offer.
Alarm bells needn’t be going off just yet for Stratford natives, but there is most certainly a shortage of properties for sale in the marketplace. If you’ve ever been contemplating selling your house this is most certainly a Seller’s market. Check out this recent article from the Ontario Real Estate Association about “Ontario home sales set new annual record as supply shrinks to record-lows in 2016”.
To paint a picture about how unassumingly busy today’s market is I have had three properties sell within the last two months that didn’t hit the market. I have a backlog of Buyer’s looking for such a wide variety of properties that when a client calls me to engage in the selling process, I’ve had a Buyer a phone call away. I’m fortunate enough to have a clientele base that allows this to happen, but my point remains that there’s close to 50% fewer properties on the market than there usually is in months such as June or September.
There’s a lot of factors involved with selling your home and just because the market is excellent doesn’t mean that it can work, but if you’ve ever thought of making a move, it’s a fabulous time to play it out.