Gananoque, On
There is lots of discussion with regard to what is happening in our local Real Estate Market.
People are asking how this year compares to last year in our Gananoque Residential Home Sales Market.
It seems everyone has an opinion on what is going on!
Let me provide you with the Facts . . .
Stats from our MLS
(as at the end of August 2011)
In The Town of Gananoque:
Listings Year to date 2010: 138 Homes
Listings Year to date 2011: 142 homes
Sales Year to date 2010: 60 homes
Sales Year to date 2011: 65 homes
Average Sales Price YTD 2010: $218,334
Average Sales Price YTD 2011: $199,005
So now you know!
This is how 2011 compares to last year. In my opinion, the lower Average Sales Price is due to the lessor amount of high end riverfront properties selling this year. We have many first time buyers taking advantage of the low interest rates and therefore, we have more sales in those attractively priced homes.
It is an ever changing world and I'll provide you with an update next month. Til then,
If you are thinking of Buying or Selling in the Town of Gananoque, make sure you give me, Susan Emo, a call and we can discuss your needs and how I can best help you!
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