Guelph Home Sales Set New February Record

 In Real Estate Market News

According to statistics provided by the MLS® System of the Guelph and District Association of REALTORS®, home sales numbered 275 units in February 2017. This was up 11.8% from the same month last year.

 

On a year-to-date basis home sales totalled 487 units over the first two months of the year, rising 15.7% from the same period in 2016.

 

Sales of all types of properties in the Guelph region numbered 290 units in February, up 13.3% from a year earlier.

 

“February saw enough new listings to enable sales to set yet another new monthly record,” said Kim Hannah, President of the Guelph and District Association of REALTORS®. “With less than half the number of listings left on the market at the end of February as there was one year ago, new listings will be doing most of the heavy lifting supplying the market heading into the busy spring season.”

 

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