Thursday, November 26, 2009

Lowest Inventory of Townhomes in Erin Mills in 22 years!

There is a real lack of inventory out in our marketplace. In 22 years in real estate, all working and living in Erin Mills I've never seen so few townhouse listings in the area.

In the Thomas and Glen Erin areas, "normally", there are about 15 to 25 townhomes to choose from, currently there are only 3!

In the Churchill Meadows area, typically there are about 20 to 30 townhomes for sale, currently there are 10!

Talk about low inventories. I realize this time of year people tend to not put their properties on the market, but this is the lowest I have ever seen.

Should be very interesting to see what happens in January as we head into the winter market.

See townhomes in Erin Mills and Churchill Meadows at this page: http://www.mississauga4sale.com/Mississauga-Townhomes-Townhouse-Complexes.htm

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate


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