Friday, March 6, 2020

New Tecumseth Market Statistics, February 2020



February 2020 vs. February 2019
The number of active listings in New Tecumseth decreased from 174 to 112 homes or 35.63% in February 2020 over the same month in 2019. 12 less listings came on the Toronto Real Estate Board in February 2020 vs. February 2019 which is a decrease of 11.54%. The number of homes sold increased by 32 homes or 84.21%. The average days on the market decreased by 23 days, from 52 days to 29 days. Average sale prices were down by 2.55%.

Year to Date 2020 vs. Year to Date 2019
The number of homes listed in New Tecumseth, year-to-date increased by 5 homes or 2.89%. The number of homes sold increased by 42 homes or 56.76%. The average days on the market decreased by 17 days, from 53 days to 36 days. Average sale prices were up year over year by 5.65%.

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