The Impact On Your Home
May 2022
So Sales Volume was up .. but what everyone wants to know is the Average Sale Price. Sellers in February 2022 enjoyed an Average Sale Price of $1,130,002 which is up 43% from 2021.
The Shake Down For Each Sector - 2022 Year To Date
Single-Family Homes
Average Sale Price ⬆️ 24% to $1,161,511 from 2021
16 Average Days On Market ⬇️ 6% from 2021
Sales Volume ⬇️ 8%
Condominiums
Average Sale Price ⬆️ 15% to $642,089 from 2021
21 Average Days On Market ⬇️ 32% from 2021
Sales Volume ⬇️ 31%
Vacant Land - April Numbers
Averages Sale Price ⬇️ 32% to $447,659 from 2021
58 Average Days On Market ⬇️ 37% from 2021
Sales Volume ⬇️ 41%
Download South Georgian Bay's Market Report May 2022
What Does This Mean?
The flood of inventory and current three months inventory equals a Buyer’s Market.
Text, Call, Email – I’m here to explain how the Market will affect your unique situation and how I can help you.
