Saturday, 11 March 2017

Wasaga Beach Real Estate Market Update March 5th to March 11th 2017

wasaga beach market update


Wasaga Beach Real Estate Market Update March 5th to March 11th 2017

We continue to see very low inventory in Wasaga Beach causing multiple offers and homes selling for above asking price. The experts say there is no signs of any slow down. Home buyers are feeling very frustrated these days losing out on multiple bids. The following outlines real estate activity in Wasaga Beach from March 5th to March 11th 2017.

New Listings


Single family- 16

Single family on leased land- 2

Condos- 1

Sold properties


Single family- 11

Single family on leased land- 0

Condo- 1

The breakdown


As you can see there were 19 new listings compared to 12 homes sold. This calculates to 63% sale to listing ratio which is quite high. In a balanced market a sale to list ratio would be 50%.  The biggest mover this week went to 28 68th Street North listed at $299,000 and selling for $350,000. 

The biggest mover goes to:


28 68th Street North
28 68th Street North, Wasaga Beach









To check out local real estate listings in Wasaga Beach and surrounding areas please visit my website at andrewweaver.ca.








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Coldwell Banker Ronan Realty

Coldwell Banker Ronan Realty
 
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