South Georgian Bay Real Estate Market Snapshot February 2021
A MOMENTOUS START TO THE 2021 SALES YEAR
THE DEMAND FOR LISTINGS IS GREATER THAN THE SUPPLY
The Southern Georgian Bay market had a high 102.3% sale/list price ratio in February.
Homes sold in just 22 days on average, down 26 days from a year ago. And there is now just one month of inventory.
All that, and February’s 75% sales/listings ratio – which is relatively high for the month – add up to a strong sellers’ market