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Ray Smiley - Notting Hill - December 2018

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Ray Smiley

Attention Postmaster: Time Sensitive Material

ABR, SRES, IRES, CCR, CMNH Sales Representative

613.818.1819 Homes@RaySmiley.com HomesForSaleInOttawa.com www.NottingHillLifestyle.com

NH

N otting H ill R eal E state M arket R eport | D ecember 2017

HALLMARK REALTY GROUP BROKERAGE

613.563.1155 344 O’Connor Street Ottawa, Ontario K2P 1W1

Each office independently owned and operated. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.880.5816 | © 2017

See All Listings and Recent Sales at NottingHillLifestyle.com

Do We List During the Holidays, Wait Until the New Year, or Hold Off Until Spring?

Real estate sales during the holidays and winter season have seen an upswing in recent years. Research indicates this trend is due to holiday gatherings offering families the opportunity to discuss future needs without the interference of hectic work and daily schedules. And, as we all know, the New Year offers the feeling of a fresh start!

The Advantage of Listing Before the Holidays

Research also reveals that online home searches have risen dramatically. Take advantage of this increased exposure by ensuring your home is professionally marketed with great photos and a detailed description. Worried about selling over the holidays? Remember that most people searching are in the “looking phase” and you can control the final closing date, but be ready to sell your home in early 2018.

The Advantage of Listing in Early 2018 If the holiday season is too busy to prepare your home for sale, look to list it in the first few months of the year to

capitalize on re-energized home buyers, those who decided to move during the holidays, and buyers who need to relocate in the New Year.

Worried about Missing the Spring Market? No one can predict the future, though if you wait until everyone else lists their home in the spring, your home may not see the exposure you are expecting, with more homes on the market. Even with these new trends, the holiday and winter season inventory is still generally lower and therefore, your home will actually receive more exposure to serious buyers, which can lead to a quicker sale and higher price.

Johnathan and Angela-Marie, For more information on the best time to list your Notting Hill home, contact me today at 613.818.1819. I wish you a delightful and prosperous holiday season!

P resented

by

R ay S miley | Y our N otting H ill R eal E state S pecialist

P repared E specially F or J ohnathan and A ngela -M arie

W illiams


Ray Smiley

• Born and Raised in Ottawa

ABR, SRES, IRES, CCR, CMNH Sales Representative

• RE/MAX Platinum Club

613.818.1819 Homes@RaySmiley.com HomesForSaleInOttawa.com www.NottingHillLifestyle.com

NH

N otting H ill

• Ray and His Family Live in Notting Hill • RE/MAX Hall of Fame Award • RE/MAX Lifetime Achievement Award

Johnathan and Angela-Marie, My marketing is representative of the time, effort, and money you spent in obtaining and maintaining your home. If you are looking to sell, let me help you achieve exceptional results. Call me today at 613.818.1819.

Notting Hill Homes Currently Listed

Active

Sold

Status Active

Type 2-Storey

Bedrooms 4

Bathrooms 4

List Price $469,900

List Date 10/10/17

Active Active Active Active Active Active

Bungalow 2-Storey Bungalow Bungalow 2-Storey 2-Storey

3 4 3 2 4 5

2 4 2 3 3 5

$489,900 $499,900 $539,900 $549,900 $619,900 $899,900

10/11/17 11/04/17 10/24/17 09/09/17 09/01/17 06/01/17

Notting Hill Homes Sold in the Past 90 Days Status Sold

Type 2-Storey

Bedrooms 3

Bathrooms 4

List Date 10/04/17

Sold Price $439,000

Sold Month October

DOM 13

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

2-Storey 2-Storey 2-Storey 2-Storey 2-Storey 2-Storey 2-Storey 2-Storey 2-Storey 2-Storey 2-Storey Bungalow 3-Storey

3 3 3 4 3 4 4 4 4 3 4 2 4

4 3 4 3 3 3 3 3 4 3 4 2 3

10/01/17 05/17/17 09/19/17 08/29/17 09/12/17 06/20/17 08/29/17 07/14/17 09/05/17 07/31/17 06/23/17 08/03/17 08/17/17

$468,000 $475,000 $550,000 $440,000 $481,000 $485,000 $490,000 $570,000 $579,000 $421,000 $470,000 $480,000 $530,000

October October October September September September September September September August August August August

6 232 85 8 8 139 17 164 15 15 68 12 8

Ray Smiley of RE/MAX Hallmark Realty Ltd does not imply that this is in any way an official advertisement or publication of RE/MAX. © 2017 All rights reserved. This representation is based on sales and data reported on November 5th, 2017 by Ottawa Real Estate Board (OREB). Listings and sales may not be those of RE/MAX and neither the OREB guarantees the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. If you do not wish to receive any further newsletter correspondence, please contact me by email or telephone.

At A Glance Statistics A visual representation of the data on the right.

© Google 2017

Average Active List Price

$581,329

Average Sold Price

$491,286

14

99%

56

Total Homes Sold

Avg. SP/LP Ratio

Avg. Days on Market


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