ECliff here with the market update for May 10-16th, 2020 for Milton and Georgetown. Before I get to the updates, I always like to give a real estate tip. Lately, a lot of people have been asking about revisits to a home and how they work. Once you sell a home, the buyer has, in the contract, a right to revisit the property two further times prior to completion with 24 hours notice. In regular times it can be a challenge because the seller had already sold the home. They've already mentally & emotionally checked out -  they feel like they've already moved onto their next place. But the buyer is excited to get in.  They're excited about their new home! They want to go see it, they want to show it to friends and family - so it's good practice to let them in. Whenever I represent a buyer, I always say, let's do one of the visits just before closing so we can make sure the seller hasn't damaged the house or there's nothing missing from the home that was supposed to be there. I actually had somebody try and take a dishwasher once and we caught them just before closing - physically taking the dishwasher out of the house and trying to swap it with another one - which wasn't in the contract. We had to rectify that! But, during COVID it's a lot more challenging. You don't want anybody in your house to start off with and you're relieved that you've already sold your home. But the happy buyers want to see their new home. Because of COVID you're like, no, no, no, no, you're not coming in. Meanwhile, you have a legal obligation to let them in. If it's in the contract, you have to let them in. So what I would say is that we're all dressing in our PPE. We're wearing our masks or gloves and we're all very savvy about social distancing and not touching anything now. We all get the message that's been out for months. So just remember the buyer is just as concerned about getting sick as you are, so they're being safe at their home. When they go to your house, they're going to be safe at your house. They're not going to touch anything. They're going to be in and out in 10, 15 minutes. That way there are no arguments back and forth and no hiccups near closing.

And now on to the recent sales for Milton. Let's see, in 2019, we had 46 sales at this time. 2020, we had 14 sales - they've dropped. I'm almost to the point where I'm not even going to start mentioning 2019, because we all know they're down. We're down over last year - 46 sales, 14 this year. The average detached this year ( this week) for 908, as opposed to last week, 900. So we've ticked up a little bit. There haven't been any sales of semis and townhouses. We've had five sales average $684k, last week the average was $632k but I have some good news to report. Finally, good news to report! In 2019, last week we had 60 sales and in 2020 last week we had 14 sales. So in other words, we had, you know, we are down by 75% roughly, whereas last week in 2020, we had 14 sales. 2019, we had 46 sales. So the number of sales has actually been the same in the past two weeks. Meanwhile, last year the number of sales came down. So it's a sign that things have started to kind of pick up a little bit. I think, you know, as soon as the May 1st opening came along and things started to open up a little bit, people are getting a little bit more confident. Buyers are kind of getting back in the market again and sellers are getting ready to sell again. So, I think we might see a little bit of an uptick in the market. 

And then we move on to Georgetown and Glen Williams:  In 2020, this is for the, the week of May 10th to the 16th, we had 6 sales, 2019 we had 12 sales. The average detached was $870k, 6 sales, no sales of semis or towns. If we look back to the previous week we had 8 sales. So we've actually come down a little bit. And in 2019 we had 15 sales. So relatively speaking, Georgetown has slowed a little bit. The average detached has come down from over, just over a million to $869k. But I said in my last video, there's a lot of the homes sold in Georgetown over the past, not this week, but the previous week. We're over a million, because they were, rural properties. They were bigger properties with lots of acres. So, you know, the, the market in Georgetown has kind of stayed steady.  The Milton market has started to pick up a little bit. And I find usually the Georgetown market kind of follows the Milton market and the Milton market follows the Mississauga market and the Mississauga market follows the Toronto market. It kind of filters all the way through, so things are looking better just to let you know. 

Any questions, let me know! I'm always around to help out. Stay safe, thanks.