Southern Georgian Bay Real Estate Market Report – January 2020

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RECORD VOLUME SALES, WITH UNITS, PRICES AND LISTINGS UP

RECORD JANUARY VOLUME OF $61,615,727
Up 23% from last January’s $49,937,700, with units of 95 up 12% from last January’s 85. New listings of 205 up 8%, with the sales/listings ratio of 46% up 1%.

JANUARY UNIT SALES UP IN FIVE PRICE SEGMENTS, DOWN IN TWO

The, $300K-$499K, $500K-$799K, $800K-$999K, $1M-$1.499M and $1.5M-$1.999M segments were up 8%, 26%, 17%, 200% and 50% respectively, while the Under-$300K and $2M+ segments were down 38% and 200% respectively.

RECORD AVERAGE SALE PRICE OF $648,587
Up 10% from January 2019’s $587,700, with the average days-on-market of 77 up 7 days.

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