Briston Private - Winter 2023
As we bid farewell to 2023, it's time to reflect on the real estate landscape in Briston and explore what the numbers are telling us about the market. While the year may not have surpassed the highs of 2022, there's promising news for homeowners on the horizon.
Briston 2023: A Closer Look
Sold Listings:
16 properties found new owners in Briston during 2023, a slight dip from the previous year's 25 sold listings.
Average Price:
The average home price in Briston settled at $388,719, showcasing a noteworthy decrease of $28,343 compared to the previous year.
Days on the Market:
Homes spent an average of 40 days on the market in 2023, indicating a 19-day increase since 2022.
Comparative Analysis: Briston vs. Huntclub Condos
In the broader context of Huntclub, Briston stands out as a hotbed of real estate activity. When combining the sold units from 2023 and 2022, Briston boasts a total of 41 transactions, more than doubling the total for the entire Huntclub area, which recorded only 19 sales in the same period. This tells us that Briston is not only holding its own but thriving in comparison to neighbouring communities.
What Does This Mean for You?
While Briston may have experienced a moderate slowdown in 2023, the underlying demand for homes in the area remains robust. The data suggests that buyers are actively seeking to make Briston their home, making your property an attractive option for potential buyers.
Looking Ahead to 2024: A Window of Opportunity
As we approach 2024, the real estate forecast carries a silver lining for sellers. Trends indicate that rates are expected to drop in the upcoming spring and summer market. This creates a favourable environment for those considering selling their homes, potentially maximizing returns.
Let's Talk About Your 2024 Real Estate Goals
Considering the market dynamics and the promising outlook for Briston, now is an opportune time to discuss your real estate goals for 2024. Whether you're looking to sell or simply explore your options, our team is here to guide you through the process, ensuring you achieve the best possible outcome for your property.
With Briston's real estate market on the rise and favourable conditions on the horizon, let's work together to sell your home for top dollar in 2024. Contact us today, and let the journey toward your real estate goals begin!
