Cornwall area home sales at unstoppable pace – Cornwall Newswatch cornwallnewswatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cornwallnewswatch.com Daily Mail and Mail on Sunday newspapers.
CORNWALL – The Cornwall and area real estate market continued to smash records in April.
The Cornwall and District Real Estate Board says there were 201 homes sold for nearly $72 million – more than double the number of homes sold in April last year.
In the first four months of this year, 615 homes have changed hands – an 80 per cent increase from the same period last year.
Board President Troy Vaillancourt says the market has been buoyed by a “sustained increase in new listings” in recent months, even though inventory is razor thin with less than a month of inventory available based on the current sales pace.
A chart from the Cornwall and District Real Estate Board shows the residential sales activity for the region in March 2021. The month was a new sales record with 191 units sold. At nearly $69 million, it was the largest value of homes every recorded in a single month in the region. (CDREB via Newswatch Group)
CORNWALL – The new president of the Cornwall and District Real Estate Board believes a bump in new house listings could fuel a spring market.
The area added 245 new residential listings in March, the largest number added in the month of March in five years. It’s badly needed for a region that’s been struggling with less than a month’s worth of inventory.
In this January 2021, file photo, the Cornwall and District Real Estate Board office on Eleventh Street West in Cornwall, Ont. (Cornwall Newswatch/Bill Kingston, File)
CORNWALL – Not even a cold, dreary winter is cooling off home sales in the Cornwall area as the region had another record for the month of January.
Numbers from the Cornwall and District Real Estate Board show 104 homes were bought through the multiple listing service (MLS) – a 76 per cent increase from January 2020.
Board President Helen MacLeod says it’s “the best start to a year we have ever seen in terms of sales activity.”
The average price of homes sold last month was a record $359,663 – up 67 per cent from January 2020.
Harrison Police log Dec 13, 2020 harrisondaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from harrisondaily.com Daily Mail and Mail on Sunday newspapers.