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Midwestern

Record home sales in Grey Bruce Owen Sound

Home sales in in Grey Bruce Owen Sound set a new record for the month of February.

The realtors association reported 223 homes changed hands last month, up 12.1% from February of 2020.

On a year-to-date basis, the association reported home sales totaled a record 370 units over the first two months of the year. This was up by 6.9% from the same period in 2020.

The MLS® Home Price Index composite benchmark price was $414,000, a substantial gain of 30.2% in February 2021 compared to February 2020, while the year-to-date average price was $586,463, a jump of 45.5% from the first two months of 2020.

There were 301 active residential listings on the market at the end of February. This was down sharply by 54.6% from the end of February 2020

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