Georgian Bay Real Estate Market Report – Second Quarter 2020

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HUGE JUNE VOLUME AND UNIT SALES SIGNAL TENTATIVE MARKET REBOUND

YEAR-TO-DATE SALES VOLUME OF $518,296,828
Up 2% from 2019’s $505,985,042, with units of 863 down 8% from 2019’s 942. New listings of 1614 down 14%, with the sales/listings ratio of 53% up from the 50% of one year ago.

RECORD JUNE SALES VOLUME OF $177,787,576

Up 82% from last March’s $97,594,502. Units of 281 up 54% from last year’s 182. New listings of 412 were up 2% from a year ago, while the sales/listing ratio of 68% was up 23%.

RECORD YEAR-TO-DATE AVERAGE SALE PRICE OF $600,576
Up 12% from the $537,935 of one year ago. Average days-on-market of 54 is up 1 day.

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