Jalaj’s market update for February 2022


For February, we had almost twice the number of new listings come up for sale in Milton than the month before, but we were down by 20% compared to February of 2021. Alongside that, number of sales jumped up by 83% from January, but compared to last year February, they were down by 17%. Where we keep seeing most increase is in the sale prices. They were up by 32% from last year and another 8% from January of this year. We are though, seeing some stabilization in the market, where number of competing offers are fewer and homes are being listed without holding off an offer presentation.