Monday, June 8, 2020

New Tecumseth Market Statistics, May 2020



May 2020 vs. May 2019
The number of active listings in New Tecumseth decreased from 249 to 140 homes or 43.78% in May 2020 over the same month in 2019. 73 less listings came on the Toronto Real Estate Board in May 2020 vs. May 2019 which is a decrease of 41.71%. The number of homes sold decreased by 57 homes or 57.58%. The average days on the market increased by 3 days, from 32 days to 35 days. Average sale prices were up by 9.79%.

Year to Date 2020 vs. Year to Date 2019
The number of homes listed in New Tecumseth, year-to-date decreased by 200 homes or 31.40%. The number of homes sold decreased by 61 homes or 19.43%. The average days on the market decreased by 1 day, from 35 days to 34 days. Average sale prices were up year over year by 7.53%.

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