June 2023 saw 291 houses sold via the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound.
The increase from June 2022 was 22.8 percent. For the month of June, home sales fell 13 percent short of the 10-year average and 8.8 percent short of the five-year average.
Home sales for the first half of the year reached 1,312 units on a year-to-date basis. Compared to the same period in 2022, this decreased by 9 percent.
The MLS® Home Price Index composite benchmark price was $567,600 last month, a significant drop of 11.3 percent from June 2022.
The dollar value of all home sales in June 2023 was $198.4 million, increasing by 21.5 percent from the same month in 2022.
The number of new listings saw a modest decline of 3.6 percent from June 2022. There were 586 new residential listings in June 2023. New listings were 8 percent above the five-year average and 5.4 percent above the 10-year average for the month of June.
Active residential listings numbered 1,179 units on the market at the end of June, up by 24.5 percent from the end of June 2022.
