November was another record-setting month as far as home sales were concerned in our area.
The Quinte & District Association of REALTORS reports 289 houses were sold last month, a little higher than in November of last year.
On a year-to-date basis another record was set with 4,452 homes sold in the first 11 months of the year, up almost 25% from the same period in 2020.
The average price of a home sold in November was a bit over $667,000, up 34% from last year.
Meanwhile, the number of newly listed properties is trending lower meaning the area remains in a “seller’s market.”
Much more detail on real estate sales is available here.
