OUR LISTINGS

Market Update - Fall 2016

2016-10-25

Mark

Our local real estate market has been performing extremely well so far this year. We have seen buyer activity pick up this fall with September being a very busy month and activity continuing right through October.

Five West Island municipalities have posted sales increases of 5% or more compared to the same period last year and the median price of a single family home is up in 8 municipalities. We’ve certainly noticed a surge in activity this year compared to last year.

The Beaconsfield and Pointe-Claire markets have done particularly well, with median price increases of just over 7% compared to the same period last year, and compared to the median price increase for the entire Island of Montreal , which itself was up 4.3% over last year.

Continued low interest rates and foreign buyers seem to be helping drive the market in 2016; however, sweeping new government regulations may have a slight cooling effect as buyers with less than 20% cash down are being forced to qualify at the posted rate (currently 4.64%) as opposed to the actual rates that are in the neighbourhood of 2.5%. We will be seeing some shifts in the market as those with less cash to put down will be forced out of the market in some sectors or will need to lower their buying expectations.

Renovated, well-priced homes are still attracting multiple offers and/or selling very quickly – typical signs of a Seller’s market – while outdated or overpriced homes will often favour the buyers who still have plenty of inventory to choose from. We are also noticing some particularly brisk activity in the under $400,000 price ranges. 

If you are considering selling, don’t hesitate to get in touch with us. We currently have close to 100 active buyers who are looking to buy a home in the West Island in the next 1-6 months. Your home might be a perfect fit. Call us at 514-697-9181 or send us a quick email to info@teambroady.ca to find out how you can register your home for our buyer match program today.

We’d be happy to meet with you anytime to share our expertise and help you take advantage of this very active fall market or to help you prepare for a successful sale in 2017.


TESTIMONIALS

  • "I would like to thank Libby Broady and her Team for all their hard work and commitment during the sale of my home. Libby, a woman in my age range, knew what a hard transition this was at this stage in life. Libby covered every obstacle in how to present my property – a polished professional all the way with excellent communication skills to boot. And a calming presence when needed!! Her solid knowledge of the market, and true caring nature made this a very satisfactory experience."

    -- Ness Welhan, Baie d'Urfé, QC

  • "My wife and I had been looking to move by the water for over 3 years before finding the home that was right for us. During this time, the Broadys’ patience was so appreciated as we never felt pressured despite our lengthy process deciding what was best for us. This was key and helped make the experience enjoyable. Of course once we decided on the right home, we needed to sell our existing house fast. As such, we were able to see both sides of the Broady efficiency. On the one hand, they offered tremendous insight and patience when buying our home; on the other, they effectively and efficiently sold our house in a timely matter ensuring our maximum return. Anytime you buy or sell a home, there will be logistical issues, I can’t imagine handling these without the experience and knowledge of a well-established group of brokers. We truly enjoyed the experience of working with the Broady family, each member brought different insight, experience, knowledge, and negotiating abilities allowing us to focus on the fun parts of the move knowing such a dedicated team had our best interest during the whole process."

    -- Mark Paulin and Stephanie Rondeau, Baie d’Urfé, QC

  • "We contracted the services of the Broady family to sell our home. We were very happy not only with the attentive customer service but also the marketing strategies used to sell our luxury property. We are currently in the process of buying a new home with the Broady Team and are confident that they will be able to find the right house at the right price for us."

    -- Lysanne Rich, Baie d'Urfé, QC

  • “I worked with Team Broady in selling my mother's Beaconsfield home. I live near Toronto which meant effective communications and timeliness were particularly important to getting things done. And we were dealing with a house that was coming off rental ... needing a quick sprucing up to make it easily marketable. Libby and team were very accessible, responsive, communicate especially well, and had very practical ideas to maximize the home's presentation; and they moved quickly to promote the home in a slowing market. With that ... and a bit of luck ... the home sold easily. Mom and I (Mom herself was an agent for 20 years) felt exceedingly well served by Team Broady."

    -- Mike Wood, Toronto, ON

  • “You Broadys have been friendly, courteous and very professional. Your appraisal of the house, with both its pluses and minuses, was honest and your suggestions on how to improve the look of the house were very helpful, as you managed to sell our house in 3 days!"

    -- Loretta Teasell, Beaconsfield, QC

  • “We remain confident we chose the best people to sell our house. Team Broady set a standard in professionalism and impressed us with their knowledge of the marketplace. Ever grateful..."

    -- Mr. and Mrs. Donnet, Beaconsfield, QC

  • “Team Broady, it is with great pleasure that I tell you today that we were IMMEDIATELY overwhelmed by your attitude, professionalism, presentation, expertise and knowledge of the market place."

    -- Jacques & Francine Douziech, Beaconsfield, QC

  • “Team Broady are a pleasure to deal with. They make a point of understanding your objectives and never utilize pressure to force a deal. We would recommend them to anyone in the market to sell or purchase a home. Their work ethic, dedication and straightforward approach make the entire process much easier."

    -- J.F Turcotte & Stephanie Crook, Beaconsfield, QC

  • “Our mother has lived in the same house for 45 years. Thanks to the Broadys’ caring and understanding, the huge transition to an apartment was made much easier for her. They also did an excellent job in marketing and selling her home quickly. We truly appreciate all their efforts."

    -- Nancy Turnau

  • "Many thanks, to the Broady team, for a good job well done. Moving an octogenarian couple from Quebec to Ontario was no mean task, but together you made it happen painlessly, and we greatly appreciate your work. Mark took care of us in every way, but having the whole family as a backup was a tremendous advantage, In addition to the Montreal team, you introduced us to your colleagues here in Kingston, which made the transition that much simpler. Thank you again, and we would recommend the team to anybody looking for real old-fashioned service, with modern trimmings."

    -- John and Penelope Fossey, Baie d’Urfé, QC

  • "Ce que j’ai vraiment apprécié de l’équipe Broady c’est qu’elle ne nous a pas fait miroiter de fausses attentes. Très bon travail de recherche, aussi bien pour la vente de notre propriété que pour la négociation de l’achat de notre nouvelle maison. Ils se sont aussi bien assurés de qualifier les éventuels visiteurs pour nous éviter des visites non productives. Je n’hésite absolument pas à recommander L’équipe Broady."

    -- Jean Hamelin, Baie d’Urfé, QC

  • "We want to thank you for the way you handled the sale of the house. We appreciated your charisma and business acumen in dealing with us and others and if you ever need a recommendation, we will gladly provide it. Our warmest regards to you and wishes for your continued success."

    -- Rodney and Helen Heather, Beaconsfield, QC


  • "Great end-to-end service, expertise, and advice. Handled the pitfalls quickly and with resolve. Their team dynamic was extremely helpful as they were able to have our house listed very quickly after notification of intent. We’re very satisfied with the process."

    -- Joshua and Alexandra, Beaconsfield, QC


REAL ESTATE AGENCY

443 Beaconsfield Blvd.
Beaconsfield, QC H9W 5Y1

Phone: 514-697-9181
Fax: 514-697-9499
T.F: 866-272-9111

AWARDS

  • Top 1% in Canada
  • Award of Excellence Lifetime Member (Libby)
  • Top 10 in Québec - Team
  • Top 3% in Quebec