Slow pace of sales, but sales are still happening. Days on the market are longer, as expected when you can't do open houses, and it's a production as realtors have to prepare each showing with COVID related protocols. Everything takes longer and everyone needs to be patient--buyers, sellers and realtors included.
That said, price point in the $400-$600k region are doing best. With this price point, you have the largest pool of buyers.
Condos are selling for about 97% of their asking price. So a $700k condo is ultimately selling for about $679k. Again, this is an average, some are selling closer to their asking, some are selling for less than 97% of their asking.
See the graph of the recent solds in the last two months, by price point and Average Days on Market.
