Posted On: Thursday, August 3, 2017
July 2017 MLS Statistics
Here for you are numbers from the Western District of the Southern Georgian Bay Association of Realtors, Year to Date, as at the end of July 2017. The number of residential properties listed was down from 2,713 to 2,335, a decrease of 13.9%. The number sold was down from 1,641 to 1,566, a decrease of 4.6%. Total value of properties sold was $714,388,943, up 19.4%. Overall, with the number of listings taken down, and the number of sales made also down, the result is a more balanced inventory. Year to date, the Sales to Listings ratio was up to 67%, the average market time was lower at 36 days, and properties sold for an average of 96.4% of asking. Market conditions are more favourable for buyers, and sellers face a more competitive market. We are seeing few sales with multiple offers this month.
We continue to see confidence of investors in our area real estate. Three sources of buyers supporting our market are retirees, second home owners and international buyers.
Clearview/Stayner, listings were down 24% to 146, and sales were down 22% to 108, the 12 month moving average selling price was up 28% to $553,168
Collingwood, listings were up 1% to 507, and sales were down 8% to 369, the 12 month moving average selling price was up 25% to $437,261.
Meaford, listings were down 9% to 163, and sales were steady at 99, the 12 month moving average selling price was up 22% to $381,699.
The Blue Mountains, listings were down 7% to 344, and sales were up 4% to 229, the 12 month moving average selling price was up 21% to $570,331.
Tiny Township, listings were down 8% to 319, sales were down 5% to 200, the 12 month moving average selling price was up 19% to $411,661.
Wasaga Beach, listings were down 11% to 574, and sales were down 15% to 408, the 12 month moving average selling price was up 24% to $382,065.
To receive these stats monthly, right in your inbox, please email me at firstname.lastname@example.org or call/text (705) 446-4748. Unsubscribe anytime. Your email address will not be shared with anyone for any reason. Like me on Facebook: www.facebook.com/coral.robinson.REMAX/ , website: www.coralrobinson.ca
How are things in YOUR areas of interest? Call me for: your customized report of listings and sales, and a free evaluation of your property, and instant automated notice of selected new MLS listings as they are posted. I will always have time for your questions.