Southern Georgian Bay Association of REALTORS® (SGBAR) MARCH 2015
The local real estate market continues it’s record setting pace for the month of March 2015 and first quarter (Q1 Jan – Mar) 2015.
While the number of residential listings rose 16% during the month of March 2015 over March 2014, the inventory remained down 12% for the first quarter (Q1) of 2015 in the Western Region of the Southern Georgian Bay Association of Realtors® (SGBAR), which includes Collingwood, The Blue Mountains, Clearview, Grey Highlands, Meaford and Wasaga Beach.
The total dollar volume for SGBAR Western Region March 2015 was up 57% over March 2014 and 47% in unit sales over March 2014.
The combination of lower inventory and higher dollar volume and unit sales resulted in a number of homes selling over asking price and a boost in the average selling price in all areas.
Southern Georgian Bay Association of Realtors – Western Region – MLS® Statistics Report March 2015 and First Quarter 2015 Highlights
Total Dollar Volume Sales March 2015 – up 57%,
from $40,744,801 in March 2014 to $64,068,678 March 2015.
Total Dollar Volume Sales Q1 2015 – up 42%,
from $102,159,937 Q1 2014 to $145,478,955 Q12015.
The total number of unit sales March 2015 – up 47%,
from 129 in March 2014, to 189 March 2015.
The total number of unit sales Q1 2015 – up 31%,
from 320 in Q1 2014, to 418 Q1 2015.
The total number of listings March 2015 – up 16%,
from 365 in March 2014, to 424 March 2015.
The total number of listings Q1 2015 was down -12%,
from 1177 in March 2014, to 1038 March 2015.
Southern Georgian Bay Association of Realtors® Residential Single FamilyActivity by Area March 2015 / 2014 / 2013
Southern Georgian Bay Association of Realtors® Residential Single Family Residential Activity by Area Q1 2015
|
Collingwood |
BlueMountains | Clearview | Meaford | Wasaga Beach | Grey Highlands |
|
# Listings – 23% |
# Listings – 18% |
# Listings – 12% |
# Listings + 5% |
# Listings + 6% |
# Listings – 25.5% |
# Units Sold + 50% |
# Units Sold + 13% |
# Units Sold + 37.5% |
# Units Sold + 39% |
# Units Sold + 37% |
# Units Sold + 12.5% |
Source: MLS® Reports and Statistics from the Southern Georgian Bay Association of Realtors® – MLS ® Statistic Report By Entry Date
