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Parry Sound Home & Cottages Sales | June 2016


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Blog by John & Bonnie Fincham, Brokers | July 6th, 2016


Parry Sound Real Estate


Home, cottage and vacant land sales in the Parry Sound area for the month of June was very strong. Demand outstripped supply on almost every metric, especially waterfront property. It's become a Sellers market with the number of cottages for sale dropping and the volume of waterfront sold skyrocketing. This was true of all most all lakes and all areas covered by the Parry Sound real estate board including Magnetawan, Humphery, Seguin and Whitestone.

Here are somer interesting statistics;

- Total real estate listings declined by 22% for the month
- Total sales including waterfront property increased by 44% for June
- Total sales year to date is up 33%
- The dollar value of all real estate transactions are up an amazing 70% for the year to $ 33.306,150.00

There were a total of 973 active listings at the time the report was created. Basicly there are more folks looking to puchase then there are properties for sale and this is leading to very strong results.