Southern Georgian Bay Real Estate Market Report – May 2020

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VOLUME, UNITS AND LISTINGS DOWN, WITH THE AVERAGE SALE PRICE UP

YEAR-TO-DATE SALES VOLUME OF $339,944,252
Down 17% from 2019’s $408,390,540, with units of 581 down 24% from 2019’s 760. New listings of 1200 were down 18% from a year ago, with the sales/listings ratio of 48% down 4%.

MAY SALES VOLUME OF $77,681,650

Down 33% from last May’s $115,641,107. Units of 131 down 41% from last year’s 222. New listings of 286 were down 32%, while the sales/listing ratio of 46% was down 7%.

RECORD YEAR-TO-DATE AVERAGE SALE PRICE OF $585,102
Up 9% from the $537,356 of last year. Average days-on-market of 54 is equal to 2019.

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