Mixed results with housing resale numbers
In the local area last month
It was a September to remember for new residential listings in the local real estate market.
Stats from the North Bay and Area Realtors Association show the 219 new residential listings represent a 46% increase from September last year.
In fact, officials say it was the largest number of new listings added in the month of September in more than a decade.
Also up was the average price of a home.
It was $512,767 last month, which is up 12.8% from the same month last year.
Meantime, the 114 units sold is a slight drop of 2.6% (three sales) from September last year.
Year-to-date sales were up slightly (1.6%) while new inventory last month was up significantly.
Richard Coffin has been a reporter and news anchor on the radio in North Bay for over 25 years. From premiers to people in the neighbourhood, he enjoys connecting with newsmakers and writing stories that matter to area listeners on a variety of topics including healthcare, education, politics, sports and more.
