Home Sales Lower In Grey BruceSeptember 12, 2017 4:38pm
Home sales in Grey Bruce Owen Sound dropped over 20% from the record activity recorded in August 2016.
However, the 285 units that changed hands last month was still the second best August in the last ten years.
Year-to-date sales are still at a record level, with the 2,163 sales representing a 3.6% increase over the same period last year.
The average price of homes sold in August 2017 was over $292,000, which is a 9.6% increase over last year.
Active listings are down more than 40% from last year, and 54% below average.
There were 892 active listings, and properties are selling in an average of three months.