Hello everyone! Thanks for tuning into Matt’s Stats for October 2024! We start by reviewing the year-over-year graph for October 2024 vs. 2023. It’s been a while seen we have seen the total transactions for detached homes up for all of our communities, but this is the case for October. Midland had the largest year-over-year lift with a whopping 214.2% followed by New Tecumseth at 80%. Newmarket had the lowest lift with a healthy 17% year-over-year increase. The average sales price was also slightly up in most of our communities with Orillia leading the charge with a 31.2% increase and Midland posting the largest decrease with a 6.3% drop in average sale price.
When we review the October 2024 month-over-month stats to September 2024, we see that transactional volume was mostly up in our communities. Bradford/West Gwillimbury posts the largest growth with a 207.6% lift followed by Midland with a 100% lift. Communities with a decrease in transactional volume month-over-month include New Tecumseth (-2.7%), Newmarket (-4%), and Georgina (-12%). Almost all of our communities saw a slight increase in the average sales price month-over-month with only Newmarket posting a slight decrease.
Want to know what this means for you? Our real estate agents are here to help. Call or text us today at (905) 252 8599, or send us an email at curtis@noworries.ca.
