Meaford & Grey Highlands Real Estate Market Report – Second Quarter 2020

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MEAFORD – RECORD JUNE VOLUME AND UNIT SALES FUEL MARKET REBOUND

YEAR-TO-DATE SALES VOLUME OF $41,579,220
Up 4% from 2019’s $39,874,236, with units of 70 down 16% from 2019’s 83. New listings of 139 down 14% from a year ago, with the sales/listings ratio of 50% down 2%.

Q2-2020 SALES VOLUME OF $24,388,943

Down 5% from Q2-2019’s $25,761,336. Units of 38 were down 27% from Q2-2019’s 52, with new listings of 82 down 28% and the sales/listings ratio of 46% equal to one year ago.

RECORD YEAR-TO-DATE AVERAGE SALE PRICE OF $593,989
Up 24% from the $480,412 of 2020, with the average days-on-market of 53 up 3 days.

GREY HIGHLANDS RECORD JUNE, Q2 AND YEAR-TO-DATE VOLUME SALES DEFY THE MARKET

RECORD YEAR-TO-DATE SALES VOLUME OF $46,494,990
Up 64% from 2019’s $28,343,190, with units of 80 up 27% from 2019’s 63. New listings of 110 down 13% from last year, with the sales/listings ratio of 73% up 23%.

RECORD Q2-2020 SALES VOLUME OF $28,340,100

Up 50% from Q2-2019’s $18,941,190. Units of 45 up 7% from Q2-2019’s 42, with new listings of 56 down 34% and the sales/listings ratio of 80% up 31%

RECORD YEAR-TO-DATE AVERAGE SALE PRICE OF $581,187
Up 29% from the $449,892 of Q2-2019. Average days-on-market of 58 up 13 days.

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