June 2024 Real Estate Statistics: Minto, Mapleton, Wellington North
The June 2024 Real Estate Stats are in for Minto, Mapleton and Wellington North.
Here is the summary.
Minto:
• Months of Inventory: 9.8 (Buyer's market)
Minto shows a steady increase in average selling price and number of properties sold, with a significant decrease in days on market, indicating a more competitive market.
Mapleton:
• Months of Inventory: 4.3 (Balanced market)
Mapleton experienced a substantial drop in average selling price, suggesting more affordable properties were sold this month. However, an increase in properties sold indicates strong buyer activity.
Wellington North:
• Months of Inventory: 6.9 (Weak Buyer's market)
Wellington North saw a notable increase in average selling price and properties listed, though fewer properties were sold this month, suggesting a potential build-up of inventory.
Overall, Northern Wellington County’s real estate market shows dynamic changes. If you’re considering buying or selling, understanding these trends is crucial. Feel free to reach out for a detailed discussion tailored to your needs!
THINKING ABOUT BUYING OR SELLING IN 2024?
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