North Bay Real Estate Board Market Stats
For May 2022
Official market update for May 2022. This update includes the entire North Bay Real Estate board as a whole
(including outskirts and all property types)
I felt a major slow down this past month and was anxious to see what the stats showed. Average sales prices dropped in May by $36,019 as compared to April. We have also seen the average days on market go from 10 in April to 14 in May.
With interest rates rising today I feel we may be seeing another drop in June.