Listings are Scarce in Port Rowan

If you live in Port Rowan and are thinking of selling your home you’ll be glad to know that there are currently more buyers searching for homes than there are homes offered for sale.

Only 5 listings on the local MLS® as of April 1, 2015.
Only 5 listings (excluding the Villages of Long Point Bay) in Port Rowan listed on the SDREB MLS® system as of April 1, 2015.

When there are fewer homes for sale and a larger pool of buyers a “seller’s market” occurs. In a seller’s market home prices typically will increase as buyers are quick to make an offer to secure the property. Sometimes buyers will complete for a property driving the price above expectations. This is commonly referred to as “multiple offers” or “bidding wars” which are a seller’s dream come true but very nerve wracking for a buyer. Upon presentation of competing offers, the happy home owner has a number of options to consider.

If you’re in the market to buy a new home and don’t want to miss out on the latest and greatest new listings, we can help you beat other buyers to the best listings. At Erie’s Edge you can register to “Search the MLS® for Real”.

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Click to begin your search

 

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