July 2021 Real Estate Market Update

From The Blog

12 August 2021

The Realtor’s Association of Grey Bruce Owen Sound MLS® statistics show home sales come in on average in July 2021 as inventory remains low.

Home sales were 5.2% below the 5 year average and 1.6% above the 10 year average for the month of July.

The number of homes sold through the MLS® system on the Realtors Association of Grey Bruce Owen Sound totaled 327 units in July 2021. This was a large decline of 27.7% from July 2020.

The average price of homes sold in July 2021 was $628,341.00, an increase of 3.05% from this time last year.

The more comprehensive year-to-date average price was $635,191.00, up sharply by 40.4% from the first seven months of 2020.

The REALTORS® Association of Grey Bruce Owen Sound represents approximately 400 REALTORS® registered with its member offices. The geographical area served by the Association is in southwestern Ontario, bordered by Lake Huron and Georgian Bay including Bruce and Grey Counties, and part of Wellington County.


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