During this time when everyone is at home and wanting to keep up-to-date with what’s going on around us, we are here to share with you timely real estate market statistics. Although our office is currently closed, you can find us active online delivering you content like our 3D virtual tours of our featured listings. Be sure to check them out.
Listen to Karen Cox explain this month’s stats below or check them out below!
Grey County Market Stats
Looking back, home sales in Grey County totaled 61 units last month, a 46.5% decrease from March 2020, down 52% from the same period in 2019.
There were 102 new listings in Grey County in April, which is a decrease of 47% from last month, and is a 58.7% decrease on a year-over-year basis.
Year-to-date the number of days on market has continued to decrease from 78 days at the beginning of 2020 to 38 days last month, with a 40.6% decrease from March.
Our Local Communities Market Stats
In the Municipality of Grey Highlands there has been a 65% decrease in the number of properties listed since last month and a 72% decrease when compared to April of 2019. Property sales have decreased 62.5% from last month and have decreased 57% from the same time last year, with the bulk of the sales being in the 3-4 hundred thousand range.
The number of new listings in the Municipality of West Grey is down with a 42% decrease from last month, and has decreased 59% from April 2019. The number of properties that sold is down with a 75% decrease compared to last month and saw a decrease of 83% compared to the same period last year with sales spread evening among the 0-2, 4-5, and 5-6 hundred thousand ranges.
While the Municipality of Chatsworth saw a 45.5% decrease in the number of new listings from last month, it is also down 65% compared to April of last year. The number of properties sold is down with a 16.6% decrease from last month but saw a 25% increase compared to April 2019 with the highest number of sales being in the 5-6 and 7-8 hundred thousand ranges.
In the Municipality of Meaford, there was a 20% decrease in the number of new listings compared to last month and a decrease of 44.4% from April 2019. The number of sales is down 88% from last month and is down 85.7% compared to the same period last year, with one sale each in the 2-4 and 4-5 hundred thousand ranges.
The Blue Mountains
When looking at the Municipality of the Town of the Blue Mountains, there has been a decrease of 52% in the number of new listings compared to March and a 68% decrease from April of 2019. The number of sales is down with a 74% decrease from March and saw an 82% decrease compared to the same month last year with the highest number of sales being in the 5-6 hundred thousand range and 8-999,999.
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