The Sault Ste. Marie Real Estate board has reported a sharp increase in area home sales in this past month.
Home sales increased 65 per cent from February 2020.
Year to date, home sales totalled a record 296 units over the first two months of 2021. This was a huge surge of 58.3 per cent from the same period in 2020.
In February 2021:
- 170 residential units were sold
- $218,684 was the average price of homes sold
- 205 new residential listings were posted
To compare, in February 2020:
- 59 residential units were sold
- $173,416 was the average price of homes sold
- 105 new residential listings were posted
For more information on the Sault Ste. Marie real estate statistics for the month of February, click here.