North Bay Real Estate Board Market Stats
For December 2023
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)
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.
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.
As always I’m here for any questions or concerns and I would love to hear your comments, feedback & predictions!
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!