Grey Home Sales Down

Homes listed for $350 thousand or more in the South Georgian Bay area are selling faster than homes with a lower asking price.

The figures come from the latest real estate market summary from the South Georgian Bay Association of Realtors. The Association’s western region includes Grey Highlands, Meaford and The Blue Mountains.

Last month, 785 homes and other properties changed hands across the western district. That was down over 5 percent from the properties sold in May of last year.

Those 785 properties sold for of total of $248.27 million. That’s an increase of 2 per cent over the sales for May 2013.
Properties with a price tag of $350 thousand or more accounted for 219 of the properties sold last month.