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Parry Sound Real Estate Market Report for October

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Blog by John & Bonnie Fincham, Brokers | November 7th, 2013

Parry Sound Real Estate Market Up

The Parry Sound Real Estate Board has posted its sales information for the month of October. The total number of Real Estate listings was 125 which is 2% higher than last year and the total real estate listings year to date was 1825. Sales for October were up sharply with a total of 55 properties selling which is an increase of 38%. This includes all Cottage, Homes, Vacant Land and Acreages that were for sale on the Parry Sound Board and sold in October. Total sales volume for properties sold so far this year has been $130,898,363.00 which is down 9% over last year. The number of listings on the MLS System as of November 1st was 849.


Almaguin Real Estate Up 8%

If we look at  Almaguin Area including Sundridge, South River, Whitestone, Magnetawan, Sprucedale, Burks Falls, Dunchurch and Ahmic Harbor there have been 141 Real Estate listings sold which is up 8% over last year. In Magnetawan itself there were 32 properties sold, a 6.25% increase over last year. Demand for quality waterfront cottages remains strong while the residential side of things is softer. Much of the demand continues to be people who want to retire to their cottages so year round road access and slope to the waterfront are very importatant factors when pricing.