Market Update - March 2021
High demand absorbs inventory at record pace in February 2021
With over 95,000 home sales, the GTA real estate market had its third strongest year on record in 2020. This represents an 8.4% increase over 2019 results despite coming to a near-standstill last spring. December 2020 sales were up a remarkable 65% from a year ago. Overall prices accelerated further, particularly in the detached home sector, under extremely tight demand-supply conditions. Condo inventories swelled in December with active listings up 172% in the 416 and 159% in the GTA. But while condo prices have continued to soften as inventories increase, their December 2020 sales were spectacular. At nearly 76% greater than for the same period last year, sales numbers indicate there’s no shortage of condo buyers in the GTA. Condos will be the market segment to watch in 2021.
Your health and well-being is important to Stafferton Real Estate Services. We believe in working for you in a safe and responsible manner providing gloves, masks, sanitizing stations, Stafferton Real Estate Services is ready to deliver results when it is essential!
Patricia Stafferton SRS® Seller Representative Specialist, ABR®, CNE-Certified Negotiation Expert, B.Sc., C.C.S - Certified Condominium Specialist
I have lived in Toronto all of my life and I am a graduate of the University of Waterloo.
After completing my University degree I worked in the health care and automotive industry. I have over 20 years of sales and marketing experience.
While catering to the automotive and healthcare needs of Toronto's elite I learned the importance of service. I have transferred this skill to the real estate world.
I have a unique ability to tailor the buying and selling process for each individual client.
I am a skilled negotiator with a track record of excellent results for my clients. I have a genuine desire to strive for the best possible outcome for every client.
I work to provide a professional, private and confidential experience with superior results.
I am a long time resident of the Davisville and Leaside community. Over the years I have specialized in the GTA and Central Toronto Luxury Real Estate market.
I also have the unique ability to work with my clients and make myself available to make their real estate dreams a reality wherever their dream home may be.
Buying or selling a home is a big decision - you need a professional to guide you through the process. I will make the home selling and buying experience one that is well-guided with professional knowledge and explanation every step of the way!
Whatever your Real Estate needs - investing, listing your home for sale, buying a home, or leasing I will guide you through your next Real Estate transaction while offering you unsurpassed quality service. You can TRUST PATRICIA STAFFERTON will always work in YOUR best interest!
What People Are Saying About Patricia
My brother, sister and I recently sold our family home of 62 years in Toronto. We could not have done it so successfully and with such ease without the help of our Royal Lepage real estate agent, Patricia Stafferton.
At our first meeting, Patricia gave us a clear outline of the many steps involved in the selling of a house, and at the end of the process she told us exactly what had to be done for the closing. Throughout we had a good working relationship with Patricia. She willingly listened to our ideas and suggestions and we, of course, listened to hers.
Patricia had a plan of action and kept to it. This included keeping us informed of other houses in the area comparable to ours, hiring an experienced photographer who arranged her photos of the house in an attractive virtual tour, making sure that the virtual tour and verbal description of the house were readily and widely available on the Internet, contacting numerous agents, going door-to-door handing out pamphlets advertising the sale of the house, and talking enthusiastically with prospective buyers.
Patricia went beyond the call of duty! She helped us with the huge task of organizing and disposing of the contents of the house, advised us on how to make the house more sales worthy and encouraged us when our spirits were flagging or when a task seemed unachievable.
Patricia Stafferton is a spirited and resourceful person. She works hard and cheerfully, radiating good will and positive energy. My brother, sister and I felt blessed both to get to know her as a person and to witness her skills as a fine real estate agent. A very talented lady!
Reet Pintson (Home Sold in Davisville)
Patricia Stafferton is a Great lady...very meticulous, focused and friendly. A strong partner and exceptional work ethic so she was an excellent choice as an agent to help realize the dream of home ownership. John Ramsbottom (First Time Home Buyer)
"I needed a lease agreement written up and I was under strict time constraints. Patricia Stafferton knew exactly what I needed and walked me and my future tenants through the process so we both understood exactly what was happening. I was so impressed with how fast the agreement was completed. It was a stress free experience for me because I felt so comfortable with Patricia in charge. Thanks for your great work and I look forward to using you superior services again in the future." Jules Jardine, President, World Class Hockey Development (International Hockey Relocation)
Patricia's knowledge, committment, attention to detail, warm personality and indeed expert advice and guidance, made the entire process an exceptional experience. From the moment I made the decision to sell and to have Patricia represent me, she created an atmosphere of trust. She presented a clear plan and schedule of everything that needed to be accomplished in order to achieve the best results. From arranging the home inspection, to staging, promotion and Open Houses and finally to offer night, Patricia was the consummate professional. In the end, all her hard work and attention to detail resulted in multiple offers. She negotiated all the offers on my behalf which culminated in an offer well over the asking price. I was very pleased with the end result, much of which I can attribute to Patricia's hard work. I would not hesitate to use Patricia's services again and can highly recommend her to any who are considering buying or selling their home.
Patricia Stafferton is a gem. In helping to sell my home, she was professional from start to finish, always well prepared. She clearly outlined her marketing strategy, with supporting documentation, and adhered to it. Nothing came as a surprise. She was very organized in the steps to prepare and sell my home and spared no effort in staging my home beautifully. In negotiations with the potential purchasers, Patricia was clear and respectful in her communications. She was prompt in getting back to me if I had any questions. Because of Patricia's attention to detail and procedure, the preparation, sale and closing of the property went smoothly. I would highly recommend Patricia as an honest and hardworking realtor, who will keep your best interests at heart.