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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, March 20, 2018

Slowdown for this Ontario market

Sales in the Ontario housing market of Grey Bruce Owen Sound and Wellington was down in February but remained in line with long-term averages.

Sales of 132 units meant a 23.3% drop year-over-year, while year-to-date sales were down 10.6% year-over-year to 253 units.

With overall inventory at record lows, there was no respite in February with new listings 13.5% below their February 2017 level. The 199 new listings took the total inventory to just 508 units, down 35.4% year-over-year, representing just 3.8 months of supply.

The tight inventory meant upward pressure for prices with the average sales price rising 12.3% year-over-year to $322,108. The dollar value of all home sales in February 2018 was $42.5 million, down 13.8% from February 2017.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome and rewarded!

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