Official market update for December 2023. This update includes the entire North Bay Real Estate board as a whole

(including outskirts and all property types)

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Last month of the year was fairly slow which is typical. It will be interesting to see what this year brings. There is a bank announcement in the next couple of weeks and I think that will determine how the next quarter will go.

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It is a good time to BUY right now people! Buyers who have been on the fence, get out there and get into something. Sellers- keep in mind that our average sales price pre-covid was around $250,000 +/- which means we are still getting a decent price for our homes. Sellers are still getting a great percentage of asking price on their homes.

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As always I’m here for any questions or concerns and I would love to hear your comments, feedback & predictions!

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Wouldn’t you love to have a crystal ball to see what was going to happen with the market in the future? I know I would!

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