u/Important_Leader1990

I have been following the detached home market in heritage woods area and home sales seem to be dead in the last 3 months. Barely any sales, may be even 0 in the last 3 months.

Some homes are listed 10% below their 2024 assessment value and still sitting for 4+ months.

There are more than 40 detached homes for sale in a 5 sqkm area around aspenwood elementary and appears to be zero sales since January. Some homes have been listed and re listed for a year now, still waiting.

What’s going on? Have detached home sales basically gone to 0?