About Gemma Leggett

Real Estate Broker

Buying or selling a house is one of the largest and most important transactions you will likely make. This is why so many people trust RE/MAX, the most widely recognized Real Estate brand in the world.

My name is Gémma Leggett and I would like to thank you for taking the time to visit my website. I am passionate about delivering excellent services and aim to exceed expectations to make the families I serve feel special and get the results they deserve. I believe in helping them build wealth in Real Estate, so they can live well, be proud and leave a legacy.

I believe all Homes deserve the Finest marketing. That’s why my advertising program is designed to go above and beyond for my clients need and offer quality, sophistication and depth. I employ the latest technology to deliver perfect presentation and massive exposure, including International exposure, for your home to drive responses from buyers everywhere.

Your home is one of your biggest asset, Having me on your side means that you are working with a professional who will go above and beyond to help you when you need it most. Give me a call today and let me help you get the results you want.

A bientôt!

Gémma.

Recent Blog Posts

TORONTO, ONTARIO, MAY 5, 2022 – The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition themselves in the marketplace given the higher rate environment and related impact on affordability.

“Based on the trends observed in the April housing market, it certainly appears that the Bank of Canada is achieving its goal of slowing consumer spending as it fights high inflation. Negotiated mortgage rates rose sharply over the past four weeks, prompting some buyers to delay their purchase. Moving forward, it will be interesting to see the balance the Bank of Canada strikes between combatting inflation versus stunting economic growth and related government revenues as we continue to recover from and pay for pandemic-related programs,” said TRREB President Kevin Crigger.

As I specialize in York Region and Simcoe County, these will be the multiplicities that I will break down for you. 

 

YORK REGION:

Compared to last month the average sale price in York Region is down 5.89% and the average days on the market has increased from 9 to 12 days.

 Overall, this month there were 1,230 sales which is down 36 % from March when we saw 1,921 Sales. 

Year over year the average sales price increased by + 11.17 %.  

The number of units sold decreased by almost 50 %. Where we saw 2454 sales in April 2021. 

and the number of days on the market are the same as last year: 12 days.

 


Year over year: the average sales price increased by + 11.17 %.  

The number of units sold decreased by almost 50 %. Where we saw 2454 sales in April 2021. 

and the number of days on the market are the same as last year: 12 days.


Here is the stats per catergory: 




 Breaking that down further, we can see the total increase year over year based on housing type. 


YORK REGION: CITY OVERVIEW

One of my newest and favourite reports used this month is the city overview.

It gives you a further breakdown of the average sales price per housing type and where it stands year over year and month over month.


Condos are up month to month and year over year! 




Have any questions about the York region? Send me a message and I'd be happy to answer you!   


SIMCOE COUNTY: 

In April the average sales price was down 11.61% and the average day on the market is up from 9 to 12 days.

 Overall, this month there were 242 sales reported on the Toronto Real Estate Board, which is down by 30.26 % compared to March 2022. 

 


Year over year: The average sales price increased by 17 %.  

The number of units sold decreased from 525 properties to 242 which is 53.90 %. And the average days on market went from 11 days to 12 days.

Here is the stats per catergory:



Here is our City overview:



Have any questions about York or Simcoe County? Send me a message and I'd be happy to answer you!   


And if you are thinking of selling or just don’t know where to start, reach out and I will gladly assist you. 

I’m Gemma Leggett with Re/max Hallmark wishing all the moms out there an Happy Mother's day! 






...

With April underway, we can now look back on March 2022 Real Estate market stats for York Region and Simcoe County. I provide you with a simple breakdown of the most up-to-date, reliable sources of information directly from the Toronto Regional Real Estate Board.


There were 10,955 sales reported through the Toronto Regional Real Estate Board MLS System in March 2022, which represents a 30% decline from March 2021's record results of 15,628.


While that might seem like a substantial reduction in sales, March 2022 still reigned as the third-best March and second-best first quarter on record. Conditions continue to support a seller's market. However, we did experience more balance in the first quarter of 2022 compared to that of last year.


As I specialize in York Region and Simcoe County, these will be the multiplicities that I will break down for you.



YORK REGION:

The average selling price had slightly decreased in March compared to February in both York and Simcoe. Compared to last month, the average sales price in York Region is DOWN 4.52% and the average days on the market remained the same at 9 days. Overall, this month there were 1921 sales, which is up 15.65 % from February of 2022.


  Above: March 2022 vs. Feb 2022

Year over year, there was a steady increase of 19.79% in the average home sales price.

The number of units sold decreased by 34% and the number of days on the market seems relatively comparable with a 10% difference.




  March 2022 vs 2021: Year over year difference per housing type.

 Breaking that down further, we can see the total increase year over year based on housing type. 


YORK REGION: CITY OVERVIEW

One of my newest and favourite reports used this month is the city overview.

It gives you a further breakdown of the average sales price per housing type and where it stands year over year and month over month.


Aurora homes seem relatively similar when compared monthly. However, the average cost of a semi-detach-- dropped below 10% compared to other cities and home types.



   Aurora: Year over year / month over month housing type breakdown.


 Newmarket homes had a slight decrease in average sale price compared to that of February 2022.




Have any questions about the York region? Send me a message and I'd be happy to answer you!   


Simcoe County:

Let’s now talk about Simcoe. Last month, the average sales price in Simcoe was down 3.95% and the average day on the market was up from 8 to 9 days. Overall, this month there were 347 sales, which was up by 35.55 % compared to February 2022.

Year over year, Simcoe still has a significant increase of 28.03% in average sales price. The number of units sold decreased by 41% while the average days on the market increased from 11 days to 9 days.

      Above: March 2022 vs. Feb 2022






Have any questions about the Simcoe County? Send me a message and I'd be happy to answer you!   


WRAP UP


In March, two big events happened:

  • The bank of Canada increased their benchmark interest rate to 0.5 % for the first time since 2018. This will affect your mortgage, line of credit and savings. The Bank of Canada plans to raise the rate a few more times this year. 
  • The Government of Ontario hiked it’s Non-Resident Speculation tax from 15% to 20%.
    They introduced this tax in 2017 and although it cooled the market down back then, foreign buyers quickly realized that it was still a very good idea to invest in Canada. There are also many ways one could apply for a rebate and get money back in your pocket. 

That wraps up the March update for 2022. It looks to be another strong sellers’ market as there is still not enough supply to satisfy current buyer demand.

Now it is really important to hire the best negotiator you can to get you the most amount of money.  

 

And if you are thinking of selling or just don’t know where to start, reach out and I will gladly assist you. 


I’m Gemma Leggett with Re/max Hallmark wishing you peace, love and happiness.




 

 


...

There were 9,097 sales reported through the Toronto Regional Real Estate Board MLS System in February 2022 – which is down -16.76% from February 2021 when there were 10,929. While that might seem like a substantial reduction in sales, February 2022 is the second-best result for this month in history! The economy continues to grow, driving strong demand for houses with a year-over-year reduction in average days on the market in most markets!


As I specialize in York Region and Simcoe County, these will be the multiplicities that I will break down for you. 

 

York Region:

The average sales price is up +4.48% compared to January 2022 but up an enormous +31.62% year over year.

The average days on the market are down -30.77% from January 2022 and down -43.75% year over year.

The number of sales is up +80.54% from January 2022 and down -17.89% year over year.






    


   


















Simcoe County:

The average sales price is down -0.39% compared to January 2022 but up a stunning +36.06% year over year.

The average days on the market are down -38.46% from January 2022 and down 0% year over year.

The number of sales is up +62.03% from January 2022 and down -29.67% year over year.






 





















I specialize in York and Simcoe. However, if you or anyone you know would like to discuss the market or specific neighbourhood, please don't hesitate to contact me anytime.


Your home is one of your biggest assets! Is having a professional by your side important to you? Call ME!

 

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