Market Update Shows Prices Edging Higher

 
 
In 2008 I started tracking exactly what happens in our area from year
to year, and Debbie and I have found the results to be rather interesting.
In the POWASSAN, TROUT CREEK, CHISHOLM, & NIPISSING
area, every year for the past 5 years we saw either 70,71 or 72 single family
homes sold in this area. This past year of 2013 the number was down to 61,
however the average price increased slightly from $189,900 in 2012 to
$193,900 in 2013.
The biggest change we saw was that 7 cottages in the area sold, which is
the highest number since we started tracking this in 2008 (the year
waterfront took its plunge). These 7 cottages averaged $181,750 in price.
We certainly were encouraged to see our waterfront listings selling.
All in all the stats are encouraging and show us that our market is very stable
from year to year in our area and people continue to seek it out as a desirable
place to live. The listings we had carried over the winter are now selling and
we are ready to restock our active listings.
Please refer us to anyone you know that is possibly thinking about selling or
listing in 2014 , and we look forward to working with you all again at
sometime in the future also.
Allan Berg

Allan Berg

Sales Representative
CENTURY 21 Blue Sky Region Realty Inc., Brokerage*
Contact Me