Wasaga Beach 2016 Real Estate Sales Figures; July Update

60 Homes Sold In July

Sales to Listings Ratio 85%

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By any measure the real estate market in Wasaga Beach continues to be hot.

Historically June or July are the busiest months of the year. However in the unusual 2016 market May saw over 80 homes sold and the following 2 months “slightly” tailed off.

Still 60 homes is still a very healthy number.

This year has now seen 27% more homes sold than for the same period in 2015.

11% fewer homes have been listed during 2016 and this undoubtedly has contributed to the “hot” market.

The key figures for July 2016 in Wasaga Beach are below.

They should be studied if buying or selling a home and discussed with your REALTOR®.

Key figures for July:

60 homes sold.

71 new listings.

Sales to listing ratio 85%

98.25% of listing price achieved.

Average days on market 37.

Year To Date:

421 homes sold.

599 new listings.

Sales to listing ratio 75%

98.20% of listing price achieved.

Average days on market 47.

Average Sale Price July 2015 -July 2016 $327,772.

Average Sale Price July 2014 -July 2015 $303,251.

 

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The above statistical results are from the MLS® System of the South Georgian Bay Association of REALTORS® for the sale of single family homes.

Image courtesy of Stuart Miles at FreeDigitalPhotos.net